For the financial executive, coming to grips with the challenges of business and profitability have never been greater. However, traditional financial statements provide only minimal guidance to the investment, financial and accounting professionals to assist in understanding operations and risks.
Course ID: RADM
Revolutionizing Accounting for Decision Making – Deciphering Financial Statements
Learning Objectives
At the completion of the course, the student will:
- Recognize the principles of Activity Based Costing.
- Identify cost drivers in the business model
- Recognize the link between activity based costing and lean operations
- Select appropriate measures of effectiveness for cost drivers and risk mitigation programs
Major Topics
- Develop an understanding of Activity Based Costing for decision making
- Develop a process to accurately make financial decisions.
Who Should Attend
Financial and accounting professionals
Fields of Study
AccountingPrerequisites
None