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Activity-Based Cost Management: Managing Costs and Performance |
QuickCode:
QQAXUW |
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Topic: Finance & Accounting > Management
General Overview:
This course provides participants experience in using the activity-based approach to cost determination of outputs and outcomes and techniques for process improvement. Key performance measures for cost, quality, and timeliness of service delivery are also covered. 24 CPEs. Three days. Keywords: finance, financial. Fee per person: $695.
Who Should Attend?
Federal accounting, budgeting, information systems, and program management personnel
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Detailed Overview/Outline
THIS COURSE IS DESIGNED FOR
Federal accounting, budgeting, information systems, and program management personnel who are involved in the determination of program costs, and the performance evaluation of outputs and outcomes of service delivery. YOU WILL BE ABLE TO
- Organize data to determine full costs of outputs and outcomes based on agency activities
- Calculate the cost of quality, measure cycle time efficiency, and identify non-value-added steps in key processes
- Analyze and evaluate the costs associated with providing goods and services
- Identify basic activity attributes used for performance measures
- Relate program cost information to performance measures of efficiency and effectiveness to support performance budgeting
COURSE TOPICS INCLUDE
- Key cost concepts and their significance in activity-based cost (ABC) management
- ABC model components and relationships
- The role of activities in cost determination of outputs and outcomes
- Key performance measures for cost, quality, and timeliness of service delivery
- ABC system components and operational aspects comprising an important management tool
- Types of cost reports provided by ABC systems and the quality of the information they provide
- Costs and benefits of implementing an ABC management system
MEETS SELECTED JFMIP CORE COMPETENCIES FOR
- Accountants
- Budget Analysts
- Financial Managers
SUGGESTED PREREQUISITES
Managerial Cost Accounting RECOMMENDED FOLLOW-ON COURSES
- Performance-Based Budgeting
- Activity-Based Cost Management in Government
Sponsor Background:
Management Concepts, Inc. provides high-quality training in financial management, general management, grants, and federal acquisitions and contracting. Established in 1973, they offer open-enrollment and on-site courses designed to meet the practical and professional needs of students from a variety of settings. Classes are attended by representatives from federal, state, and local governments; government contractors; colleges and universities; and private industry.
Instructor Background:
Dynamic instructors selected for their subject matter expertise and real-world experience. Many have worked at federal agencies and in the private sector, and understand the professional challenges you face every day. Our instructors do more than just teach. They stimulate interest with their comprehensive subject-matter knowledge, and encourage class participation through their interactive teaching methods.
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This seminar has 2 available dates/locations. Click the button below to view them all and to sign up for this seminar. To quickly return to this seminar at a later time, you can search by its QuickCode: QQAXUW.
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