Activity-Based Costing For Government

Course ID: 227                         Course Length: 2 day(s)

Overview:

This workshop is specifically designed to acquaint you with the fundamentals and principles of Activity-Based Costing (ABC) and Activity-Based Management (ABM). It discusses how ABC and ABM can be implemented by a government agency to improve performance. It explains the technical aspects of ABC and how to manage a project using ABC. It is designed for Agency executives and managers who are concerned with reorganizing, measuring performance, managing costs, and improving controls.

Objectives:
At the end of the workshop participants should be able to:

• Understand how and when to use Activity
  Based Costing
• Discuss Activity Based Costing and Activity
  Based Management applications and how they
  differ from traditional techniques
• Describe the building blocks of ABC and how to
  introduce them into a project
• Analyze the process of developing ABC information
• Perform basic cost analysis of activity information
• Recognize the value-added concept
• Understand the principles involved in conducting
  initial ABC projects

Topics:

• Meeting new challenges with new principles
• Management’s new approach on thinking about costs
• Transitioning from traditional methods into ABC and ABM
• Activity basics
• Developing cost information for use in ABC
• Analysis of Activity Information
• Developing an ABC Project
• Basics of Activity Based Management
• Analyzing ABM when used in Restructuring
• Analyzing ABM when used by Government Suppliers
• ABC and ABM as it relates to Change Management
• What to expect after implementing ABM
• Case study exercises

Click here to view more courses in this category.