This session revisits useful, but potentially underutilized, managerial accounting techniques. You will appreciate a fresh look at concepts you may not have considered since your college days. We will illustrate practical ways you can immediately implement managerial accounting analysis in your professional endeavors.
DESIGNED FOR
This session is appropriate for any business professional who makes managerial decisions. Accountants who have not recently considered managerial accounting techniques will benefit from a refresher. Even proficient managerial accountants should appreciate
BENEFITS
- Recognize differences between financial and managerial accounting
- Revisit fundamental managerial accounting concepts
- Utilize managerial accounting to facilitate decision-making
- Be able to apply managerial accounting techniques to actual business circumstances
HIGHLIGHTS
- Target profit and Break-even analysis
- Relevant costs and decision-making
- Standard costs and variances
- Activity-based costing
- Segment reporting and analysis
- Budgeting
PREREQUISITES
Basic working knowledge of financial statements and business processes
ADVANCE PREPARATION
None