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Quality Management and Process Improvement Logo cgma

  Kaplan Publishing Limited |   Free |   AICPA |   Jul 2015 |   Business Mgmt. & Organization |   AICPA Store
Who Will Benefit?
  • Management accountants wanting to develop skills in financial performance management
  • CGMA exam candidates
Key Topics
  • Modern business environment for manufacturers
  • Total quality management (TQM)
  • Just-In-Time
  • Kaizen costing
  • Throughput accounting and the theory of constraints
  • Business process re-engineering
  • Supply chain management
  • Gain-sharing arrangements
Learning Objectives

After completing this course, you will be able to:

  • Identify the role of quality costing as part of a total quality management (TQM) system.
  • Identify categories of quality-related costs.
  • Identify the impact of just-in-time (JIT) production on efficiency, inventory and cost.
  • Identify the differences between Kaizen costing and standard costing.
  • Identify the difference between business process re-engineering and continuous improvement.
  • Identify focus areas of supply-chain management.
This CPE course is included in the 60+ hours of Financial Performance Management Program. It can also be purchased individually or as a part of Cost Accounting and Management.

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.

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: Financial analysis, Foundational
  • Management accounting: Technical: Management reporting & analysis: Performance management, Foundational