Cost Data Analysis

Analyzing Cost Data for Management - Part 2

Course Overview
Analyzing Cost Data for Management - Part 2 is the second part of a four-part series. The series Analyzing Cost Data for Management covers the managerial use of accounting, financial, and operating data for planning, control, and decision making. The series is designed for managers and entrepreneurs who need hand-on knowledge and tools in processing, developing, and analyzing financial, cost, and business data for managerial use.

The course series uses the multidisciplinary approach to the subject, looking at the topic from many different angles such as finance, economics, marketing, information systems, quantitative methods, and the like. The incorporation of information technology into virtually every subject covered in this series is heavily emphasized. Furthermore, the course uses the solved problems approach, with emphasis on the practical application of managerial accounting concepts, tools, and methodology. The course participant is provided with definitions and explanations that are understandable, a variety of examples illustrating the concepts and techniques that are concise, ample problems and detailed suggested solutions, and computer software demonstration and printouts.

Analyzing Cost Data for Management - Part 2 focuses on break-even and cost-volume-profit analysis, analysis of cost behavior and cost estimation, budgeting for profit planning and financial modeling.



Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Recognize various contribution margin concepts.
  • Identify several factors used to compute a cost-volume-profit analysis.
  • Calculate break-even points and recognize ways to reduce the break-even point.
  • Recognize the advantages and disadvantages of classifying cost behaviors and types.
  • Recognize methods for estimating the cost-volume formula.
  • Recognize major steps in the preparation of a budget.
  • Recognize how a financial modeling approach may be used in the planning process.

Content Partner:

SmartPros Ltd.

SmartPros Ltd. is a leader in online and offline continuing education for
accounting, finance and engineering professionals. With over 2,000 hours of
content, SmartPros has been providing mandatory continuing education
products since 1981. SmartPros provides services and content to its
professional and corporate clients, in a variety of media including Web, CD
ROM, and video. In the accounting market, SmartPros also has a predominant
news and information portal which receives 200,000+ visits per month and
provides services to over 100,000 subscribers. SmartPros' customers include
50% of the Fortune 500, as well as the major firms and associations in each
of its professional markets.


Prerequisites/Advanced Preparation:

Basic Math and Accounting

Speaker / Author:

Steve Spafford, MBA, CPA, has over 20 years’ experience as a CPA working with large public accounting firms, and in numerous executive roles at multinational public corporations.

Software & Hardware Requirements:

  • 56k or Greater Internet Connection
  • Adobe Acrobat® Reader for the .pdf files
  • Modern DHTML Compatible Browser
  • Ram: 256 MB minimum
  • Windows or Mac OS

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Price (USD)

Standard Rate: $24.95

Details

Course Code : 99DEL42

Release Date : 11/07/2019
Expire Date : 11/07/2021
Credits :
CPE 1.00
QAS 1.00

Length : 50min
Course Level : Overview
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting

Theme : Cost Data Analysis

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