Activity Based Costing & Management - Making it Work in the Real World

Pricing

Cost for BPP PD Members: £415 + VAT + 6 CPD Hours
(£599 + VAT for non BPP PD Members) Click Here for details of our membership scheme.)

Delegate

Finance directors, financial controllers, management accountants, operational and commercial managers and change managers in all commercial sectors plus public sector and not for profit organisations.

Learning outcomes include a greater understanding of:

Real world approaches to ABC and ABM that can be implemented and sustained: - this course draws upon practical experiences and case studies where ABC and ABM have really been made to work and produce significant business benefits.

ABC and ABM are simple concepts and practical tools which create much greater transparency and understanding of an organisation’s operations, enabling management to take smarter decisions and drive real change and business benefits through to the bottom line. Yet consultants and software companies hijacked these concepts, like many other 3 letter acronyms, and introduced impractical complexity, along with time and cost into implementations, making them largely unworkable and unsustainable. This course gets back to the fundamentals and demonstrates how they can be practically adopted with a minimum of pain and fuss and looks at the applications and benefits that result.

Course Content

  • What are ABC and ABM and what drives the need for them?
  • Practical ways to implement it yourself (K.I.S.S. - Keep It Simple Stupid).
  • Cultural and human issues arising from implementation.
  • True cost and profitability measurement and management (customer/product/channel).
  • Replacing internal recharges with internal service costing.
  • Activity based approaches to budgeting made simple.
  • Applying ABC/M knowledge to drive internal improvement and value creation.
  • Linking ABC/M to performance measures.
  • What to avoid.

  • "A CPD certificate of completion will be provided by BPP Professional Education Limited upon request, following attendance."


    Course Dates

    Location Dates Time Availability  
    London 26 Nov 2020 9:30 AM - 5:00 PM  Spaces Book Now

    Membership Scheme

    You and your firm could be saving £000's on your CPD training. Find out how to join our membership scheme and receive immediate benefits.

    Tailored training

    We can tailor any of our public courses to meet your needs as well as providing completely bespoke training solutions. Learn more about tailored training.

    Special Assistance Policy