New
21WI-0606: Cost Identification and Management (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Friday, December 3, 2021
10:30am - 11:30am Central Time
1 CPE (1 technical)
Cost Identification and Management -- provides a review of some often used, but not understood, concepts such as economies of scale, productivity and inflation, as well as a discussion of allocation policies, use of standards, internal pricing and inventory practices. The goal is to improve an organization's measuring and reporting. The value of linear analytical models is demonstrated as a tool to measure and forecast sales, profits, cash flow and capital allocation. The use of linear models is further developed to measure other macro trends in the organization. Examples discussed include isolating cause-effect relationships, measuring changes in productivity, identifying changes in fixed and/or variable costs and forecasting sales. The models are simple and can be adapted to numerous situations. No formal statistical training is required. The principles behind the Theory of Constraints are discussed, as are its practical uses to improve efficiency and measurements in organizations.
Major subjects
Learning objective(s)
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Evaluate how accounting is an evolving and growing body of knowledge.
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Identify the uses of break even analysis.
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Compare analytical techniques to improve the user's ability to isolate and measure cost trends
Who should take this program?
CPAs, Controllers, Financial Managers
Fees
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you are a
nonmember.
If you register, you will be charged
$69.00
(Standard Nonmember Fee).
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Standard Member Fee |
$59.00
|
Standard Nonmember Fee |
$69.00
|