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Technical

Relevant Costs and Decision Making Logo cgma

  Kaplan Publishing Limited |   $55.20 - 89.00 |   CPE: 3.0 |   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:
  • Introduction to relevant costs and revenues
  • The relevant cost of variable costs and overheads
  • Decision-making based on relevant costing principles
Learning Objectives

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

  • Identify costs relevant to pricing and product decisions
  • Apply cost analysis techniques to calculate relevant costs
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 Financial Decision Making.

Organizations face many decisions, and they usually must choose between two or more alternatives.  Decisions will generally be based on maximizing shareholder value, so all decisions will use relevant costs and revenues. Relevant costs and revenues are those costs and revenues that change as a direct result of a decision. This CPE course explores relevant costs and revenues, including characteristics of relevant costs, non-relevant costs, opportunity cost, as well as incremental revenue. It examines the relevant cost of variable costs and overheads, decision-making based on relevant costing principles, and includes multiple illustrations throughout.

Topics covered:
  • Management accounting: People: Negotiation & decision making, Foundational
  • 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

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