After completing this course, you will be able to:
The business environment that organizations operate today are very different from the ones experienced when traditional costing methods were created. Environments change more quickly and more unpredictably. This CPE course explores the modern business environment for manufacturers including the growth of world class manufacturers, and characteristics of the modern manufacturing environment. It explains total quality management, including the principles as well as its successful implementation. In addition, this course includes just-in-time, Kaizen costing, throughput accounting, business process re-engineering, supply chain management, and gain-sharing arrangements.