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Activity Based Costing & Management - Making it Work in the Real World

BPP Professional Education
Course summary
6 hours
634 GBP excl. VAT
London

Course description

Activity Based Costing & Management - Making it Work in the Real World

Course Content

  • What are ABC and ABM and what drives the need for them?
  • Practical ways to implement it yourself (K.I.S.S. - Keep It Simple Stupid).
  • Cultural and human issues arising from implementation.
  • True cost and profitability measurement and management (customer/product/channel).
  • Replacing internal recharges with internal service costing.
  • Activity based approaches to budgeting made simple.
  • Applying ABC/M knowledge to drive internal improvement and value creation.
  • Linking ABC/M to performance measures.
  • What to avoid.

Suitability - Who should attend?

Delegate

Finance directors, financial controllers, management accountants, operational and commercial managers and change managers in all commercial sectors plus public sector and not for profit organisations.

Outcome / Qualification etc.

Learning outcomes include a greater understanding of:

Real world approaches to ABC and ABM that can be implemented and sustained: - this course draws upon practical experiences and case studies where ABC and ABM have really been made to work and produce significant business benefits.

ABC and ABM are simple concepts and practical tools which create much greater transparency and understanding of an organisation’s operations, enabling management to take smarter decisions and drive real change and business benefits through to the bottom line. Yet consultants and software companies hijacked these concepts, like many other 3 letter acronyms, and introduced impractical complexity, along with time and cost into implementations, making them largely unworkable and unsustainable. This course gets back to the fundamentals and demonstrates how they can be practically adopted with a minimum of pain and fuss and looks at the applications and benefits that result.

About provider

BPP Professional Education

BPP Professional Education -  Accountancy, Tax, Financial Services, Law & Insolvency Courses

BPP Professional Education is one of the specialist examination-based and professional development training arm of the BPP Group, Europe's biggest professional education and publishing provider with 2,000 staff members across 40 countries and over 30,000 students per year. BPP Professional Education...


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Contact info

BPP Professional Education

3 London Wall Buildings
EC2M 5PD London

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www.bpp.com

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