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22WA-3787: Cost and Pricing Models: Creating an Effective Tool (Webinar)

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

Date Tuesday, December 13, 2022
Time 3:00pm - 5:00pm
Central Time
Location Online
CPE credits CPE 2.0
Field(s)
of study
Accounting - Technical (2.0)
Instructor John Daly, MBA, CPA, CMA, CPIM
Executive Education, Inc.
Fees
Standard Member Fee $79.00
Standard Nonmember Fee $79.00

Description

If sales increase, so should profits. Yet, the opposite result often leaves executives scratching their heads. When organizations work with inferior cost information, they make mistakes in four specific situations. Bad information causes sellers to overprice easy, high-volume work and underprice difficult, low-volume work.

This session discusses how to use activity-based costing data to build accurate costing models that consider far more than just the labor and materials necessary to provide goods and services.

Who should take this program?

Corporate Financial Professionals and the Public Practice CPAs that advise them

Major subjects

  • Building computer costing models & sub models
  • The importance of volume sensitive models
  • Your twelve most important indirect costs
  • Using rate tables
  • Modeling -- Professional Services Job Costs
  • Modeling -- Repetitive Manufacturing
  • Why return on sales may be an inferior way to plan for profit

Learning objective(s)

  • Increasing profits
  • Buildaccurate costing models

Notes:

Course code Code 22WA-3787
Sponsor Business Professionals' Network, Inc.
NASBA ID#: 107810
Level Intermediate
Format Group Internet Based
Prerequisites Prereq. Some cost accounting experience.  Consider attending Advanced Cost Accounting afterwards.  
Advance
prep
None

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