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Technical

Cost Accounting and Management Logo cgma

  Kaplan Publishing Limited |   $263.20 - 419.00 |   CPE: 17.5 |   AICPA |   Aug 2015 |   Business Mgmt. & Organization |   AICPA Store
Who Will Benefit?
  • Management accountants wanting to develop skills in financial performance management
  • CGMA exam candidates
Topics Discussed:
  • The purpose of costing
  • Activity-based costing
  • Activity-based management
  • Joint product costing
  • Total quality management (TQM)
Learning Objectives

When you complete this course, you will be able to:

  • Calculate marginal and absorption costs.
  • Compare activity-based costing with traditional marginal and absorption costing methods.
  • Identify the uses of activity-based management outputs in improving the efficiency of repetitive overhead activities.
  • Identify methods of allocating joint costs to final products.
  • Identify the role of quality costing as part of a total quality management (TQM) system.

This CPE course is included in the 60+ hours of Financial Performance Management Program.

Cost Accounting and Management includes six CPE courses that cover traditional costing, activity-based costing, activity-based management, advanced costing techniques, and quality management and process improvement.

Traditional Costing
Examines the overall purposes of costing and why it is important for a business to determine the cost of its products or services.

Activity-Based Costing
Examines modern production environments and how activity-based costing may be more useful than traditional methods of costing (marginal and absorption).

Activity-Based Management
Explores activity-based costing approaches, such as activity-based management, direct product profitability, direct customer profitability and distribution channel profitability.

Alternative Costing Methods I
Includes an in-depth examination of three costing methods, joint product costing, throughput accounting, and environmental costing.

Alternative Costing Methods II
Covers costing techniques and learning curves. First it examines the target costing approach which is a form of life-cycle costing and is a pro-active cost control system. Then it includes a background on learning curves, as well as explores logarithms.

Quality Management and Process Improvement
Explores the modern business environment for manufacturers including the growth of world class manufacturers, and characteristics of the modern manufacturing environment.

Topics covered:
  • Management accounting: Technical: Cost accounting & management: Cost accounting, Foundational
  • Management accounting: Technical: Cost accounting & management: Cost management, Foundational
  • Management accounting: Technical: Management reporting & analysis: Performance management, Foundational

Comments/Reflections

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