Join us at the VIA for our CFO Cohort. This group is comprised of Financial Leaders that hold the position of CFO/Controller or Accountant Financial Leader of the company
This will be an ONLINE event.
Activity Based Costing (ABC)
Do you arbitrarily allocate or assign costs when determining pricing and making management decisions? Even if you have a systematic, rational allocation method, when was the last time you took a look at those allocations? Do you struggle with determining if certain products or service lines are profitable? There has to be a better way!
Activity Based Costing (ABC) strives to find a direct link between activities, costs and products. Companies with diverse products, services or customers can benefit from ABC to identify areas of waste in their products and services. Come learn how ABC can provide your company with a more accurate method of product/service costing. We will discuss how ABC works, the benefits of ABC, how ABC differs from and is more beneficial than conventional absorption costing, how ABC increases visibility to non-value added activities, among others. We’ll also discuss how to implement ABC, the information and resources needed, and the actions you can take towards continuous improvement of pricing and costing decisions.
ALLAN LYON, CPA, CMA, Senior Manager, SIKICH
Cancellations must be made 48 hours in advance of program start. Cancellations made after this time will be charged. No Shows will also be charged. We encourage you to send a substitute if you cannot make an event (please provide VIA the name of substitute).
Thank you to Event Sponsors: