22WA-4062: Cost and Pricing Models: Creating an Effective Tool (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Date
Saturday, December 24, 2022
Time
11:00am
-
1:00pm
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
Course code
Code
22WA-4062
Sponsor
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.
