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Sterling Financial Training

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Introduction to Activity Based Costing

Duration: Approx. 1 hour

This product is an online product and is a Single user, 1 Year licence.

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Overview:

Introduction to Activity Based Costing helps learners to understand limitations in traditional costing systems and how Activity Based Costing can be used to more effectively allocate costs leading to better business decisions in areas such as pricing, product mix and cost reduction activities. Learn the underlying approach to ABC and some of the issues in its implementation.

Introduction to Activity Based Costing is aimed at managers, prospective managers, and anyone else within an organisation involved in making business decisions.

Learn To:

Introduction to Activity Based Costing aims to give the learner an overview of Activity Based Costing and its advantages over traditional costing methods.

The topics covered by Introduction to Activity Based Costing include:

  • The development of ABC
  • Traditional costing versus ABC
  • ABC applications


    • Objectives:

    After taking Introduction to Activity Based Costing, the student will be able to:

  • Identify the deficiencies of traditional costing methods
  • Define cost drivers and their uses
  • Identify and give examples of the three major application areas for ABC
  • Identify some of the difficulties that might arise in a move to product reporting
  • Identify the ways in which ABC differs from traditional costing


    • Normal Price: £75.00 (excl. VAT)

    Special Offer Price: £60.00 (excl. VAT)

    YOU SAVE: £15.00 (20%)

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