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Webinar

World Class Cost Accounting: A Practical Application -- Part 1

Wednesday, March 18, 2026
10 a.m.-1:30 p.m. Central
4 CPE (4 technical)

Course code: 25WC-0791
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Enhance your career with an invaluable skill set in this two-part series, where you'll explore the cost system of a real company from the ground up. Learn how to link variable and base costs, identify fluctuating and semi-fixed direct costs, and accurately trace direct materials, labor, and labor burden to products. Gain practical tools for budgeting, setting standard costs, and seamlessly embedding Activity-Based Costing (ABC) into a comprehensive cost system. Be sure to also register for Part 2: World Class Cost Accounting: A Practical Application - Part 2.

Major subjects

  • Classification of the five cost types
  • Direct Materials
  • Comprehensive coverage
  • Direct Labor
  • Labor burden costs

Learning objectives

  • Determine methodologies for costing precision
  • Recognize how to automatically embed ABC into the cost system
  • Identify bases for tracing direct materials and labor costs to their products

Who should take this program?

  • CPAs, CFOs and Controllers looking to enhance their knowledge on Cost Accounting

Pricing

Standard Member Fee $175.00
checkmark Standard Nonmember Fee $229.00

MNCPA members save $54.00. Become a member.

Our records indicate you are a nonmember. If you register, you will be charged $229.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
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More program information

Location Online
Area
of study
Accounting & audit
Field(s)
of study
Accounting - Technical (4.0)
Level Advanced
Format Group Internet Based
Sponsor CalCPA Education Foundation
NASBA ID#: 104822
Prerequisites Prereq. None
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date.
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