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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

  • N/A

Learning objective(s)

  • Evaluate how accounting is an evolving and growing body of knowledge.
  • Identify the uses of break even analysis.
  • 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

Our records indicate you are a nonmember. If you register, you will be charged $69.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $59.00
checkmark Standard Nonmember Fee $69.00

More program information

Instructor Jennifer Elder, CSP, CPA, CMA, CIA, CFF, CGMA, MS
Location Online
Area
of study
Management
Field(s)
of study
Management Services - Technical (1.0)
Level Intermediate
Format Group Internet Based
Sponsor AICPA
NASBA ID#: 112891
Prerequisites Prereq. Management experience in accounting, finance, or operations
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.