Webcast: Advanced Cost Accounting - Assigning Overhead

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Description

Organizations that use primitive costing methods make predictable mistakes. They allocate too much cost to easy, high-volume "gravy" products and too little cost to difficult, low-volume "dog" products. This puts the organization with inferior information at a significant disadvantage against a competitor who has a better cost model. The secret to having a great cost model is learning how to deal with overhead.

Credits

Number of Credits Type of Credits
2.00 Accounting

Designed For

Corporate financial professionals

Prerequisites

Cost accounting experience is helpful

Highlights

Major subjects:

  • Occupancy costs
  • Depreciation
  • Utilities
  • Supervision
  • Maintenance
  • Quality control
  • Material handling
  • Process engineering
  • Design engineering
  • Procurement
  • Human resources
  • Information systems
  • Selling costs
  • Accounting
  • Cost of money
  • Excess capacity

Objectives

Understand how to assign 16 major types of overhead

Prices

Member (Early Bird)
$79.00
Non-Member (Early Bird)
$109.00
Member
$79.00
Non-Member
$109.00
Your Price: $109.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

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Instructors

John L. Daly, MBA, CPA, CMA, CPIM

John L. Daly, MBA, CPA, CMA, CPIM, has been a professional speaker since 1995. He seeks to make every session lively, informative and fun using a combination of case discussion, lecture and peer-to-peer interaction. John has presented in 46 states and 5 provinces on topics that include Accounting, Finance, Management, Software and Ethics. He began presenting ethics two weeks before the Enron scandal broke.

John has been CFO for a Tier 1 automotive parts supplier and a large restaurant chain and COO for a window treatments manufacturer and retailer. He is the author of Pricing for Profitability, published by Wiley & Sons, as well as numerous professional articles.

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