Know Your Abc Activity Based Costing

  • October 2019
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Training and Development Programmes

Yale Consultancy Sdn Bhd Your Advanced Leading Executive About YALE

Know your ABC - Activity Based Costing

YALE Consultancy Sdn Bhd is an international professional service firm in Malaysia. The organisation is a dynamic practice providing professional services in research and development, training, corporate and management consultancy and couching to its clients. Our objective is to provide a high standard of professional practice in every field for every one of our clients.

Course Synopsis This course is specially designed for entrepreneur, CEO, managers, finance consultant, business consultant and other professionals who would like to understand method how to analyse cost with the advanced techniques activity based costing (ABC). ActivityBased Costing (ABC) is a costing model that identifies activities in an organization and assigns the cost of each activity resource to products and services according to the actual consumption by each in order to generate the actual cost of products and services for the purpose of elimination of unprofitable and lowering prices of overpriced ones. In a business organization, the ABC methodology assigns an organization's resource costs through activities to the products and services provided to its customers. ABC enables segmentation based on true profitability and helps determine customer value more accurately. It is the basic towards activity-based management (ABM).

Contact Us Dr George Leow  012 326 6874 YALE CONSULTANCY SDN. BHD. (805615-X)  79-3, Amber Business Plaza, Jalan Jelawat 1 Cheras Batu 3½, 56000 Kuala Lumpur  016 977 4993  03 90801932  [email protected]  www.yaleconsultant.com

Objectives •

To introduce to candidates the concept of activity based costing.



To train candidate how conduct activity based costing



To guide candidate with techniques on activity based management

Programme Outline The lecturer concerned may start the class with a lecture of the topic. This will be followed by the class practical and case studies of the specific issues. Meetings

Topic of Discussion

Day 1

Removing the Blindfold with ABC A management Accounting framework: A Taxonomy

Benefits •

Understand the concept of

Day 2

implementing activity based costing •

The internet, E-commerce, Supply Chain Management and digital economics

Conduct activity based costing independently



Implement activity based costing

The holy grail: The performance measure systems the produce the correct behaviour

management effectively Who Should Attend Finance managers, financial management consultant, CEO, Entrepreneur, Business Consultant, Students, Or anyone who want to enhance their skills web designing and web development.

Are all your trading partners “worth it” to you?

Day 3

Day 4

The popular uses of ABC Predicting costing, accounting

predictive

Implementing ABC Rapid Prototyping

Through

Common Misconceptions about ABC Course Method This course is highly interactive, inspiring and packed with fun. It consists of a lively mix of group work, discussions on case studies, and practical examples.

Day 5

Report Writing Day 6– Day 14

Practical Training and Preparation of Report on Activity Based Costing.

Day 15

Submission and presentation of the report.

Method of payment Price: RM 4 800/pax Bank made payable to (please attach a copy of payment slip) Payee Name: Yale Consultancy Sdn Bhd

Stage Five cost system: The future of ABC

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