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
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Classification of the five cost types
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Direct Materials
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Comprehensive coverage
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Direct Labor
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Labor burden costs
Learning objectives
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Determine methodologies for costing precision
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Recognize how to automatically embed ABC into the cost system
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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
|
Standard Nonmember Fee |
$229.00
|
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