World-Class Cost Accounting: A Practical Application (Part 1)
Total Credits: 4 including 2 Accounting - Technical, 2 Auditing- Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Industry Institute | Accounting and Auditing | Industry | Professional Development
- Faculty:
- Craig P. Sobrero
- Course Levels:
- Intermediate
- Duration:
- 4 Hours
- License:
Description
Add an invaluable skill set to your career. Showcasing a comprehensive cost accounting system of an actual company. Precisely identify direct costs for individual products and services. How to link direct costs with other direct costs. Identify certain fluctuating variable and semi-fixed costs that are, in fact, direct costs. Budgeting techniques for setting accurate standard costs and guidelines for revising standards during the year.
Basic Course Information
Learning Objectives- How to pinpoint all direct costs
- Definitions for true variable, fluctuating variable, and semi-fixed costs
- Gain a price-setting advantage in an ever-increasing competitive marketplace
Major Subjects
- Beginning and intermediate cost principles automatically included
- Covers manufacturing materials, labor, period mfg inefficiencies
- How to efficiently trace the above costs to products
- Substantially reduce manufacturing overhead allocation by 60% or more
- ABC analysis is embedded in the MFG cost system without the need for a separate ABC implementation project
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase | ||
Faculty
Craig P. Sobrero Related Seminars and Products
20 years in manufacturing, 16 years as Controller or CFO. Designed, implemented, and managed cost accounting systems in high volume, multi-product environments. Involved in mergers and acquisitions of large publicly traded manufacturing companies.
B.S. Business and Industrial Management
Seven post graduate accounting courses
Stanford University Advanced Management College Executive Program
Additional Info
Basic Course Information
Prerequisites A background in accounting or bookkeeping is sufficient.Advanced Preparation None
Designed For CPAs, Controllers, Accounting Managers, and Cost Accountants
Original Recording Date 03/2024
Course Developer Craig P Sobrero
Date Added to Catalog 02/20/2024
Yellow Book No
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.