32320 | Vendor Webcasts | January 31
Sustainability: Doing Well by Doing Good
Tuesday, January 31, 2023 8:00am - 10:00am
This session provides a refresher regarding the fundamentals of activity-based costing (ABC). We will examine theoretical concepts before exploring practical possibilities for implementing ABC. A major focus of the course will be factors to consider when determining whether this managerial accounting tool is an appropriate resource for an organization. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
After attending this session, you will be able to...
- Revisit the fundamental underpinnings of ABC
- Understand what types of business entities may benefit from ABC
- Appreciate potential benefits of ABC
- Recognize limitations of ABC
- Jennifer H. Elder (view bio)
Accountants who have not recently considered ABC but want to revisit the cost-benefit prospects of ABC for potential utilization for their clients or their employing organization.
The major topics covered in this course include:
- ABC versus traditional costing
- First-stage allocation
- Determining predetermined overhead rates
- Second-stage allocation
- Activity-based reporting
- Activity-based management
Jennifer H. Elder
Jennifer Elder, CPA, CMA, CIA, CFF, has a Master's in Organizational Leadership. She has worked in accounting and finance for the past 25 years in a variety of industries including manufacturing, residential construction and development, and angel investing. She spent five years in public accounting, seven years as the Accounting Department Chair of a community college, and the previous ten years in the role of CFO. Recently, Jennifer started her own business, The Sustainable CFO, providing business consulting, ondemand CFO services, and business coaching services. Their target market is small and medium-sized businesses looking to improve their bottom-line and overall performance.