Course

Course Summary
Credit Type:
Course
ACE ID:
MACI-0072
Organization's ID:
5103
Organization:
Management Concepts, Inc.
Location:
Classroom-based
Length:
3 days, 21 hours
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 1 Accounting or Business Administration
Description

Objective:

To provide students with an understanding of activity-based cost (ABC) management principles, procedures, and applications, emphasizing the application of activity-based cost management systems.

Learning Outcomes:

  • Employ key cost concepts
  • Use ABC-based performance measures to improve the cost, quality, and timeliness of the delivery of goods and services from the agency
  • Apply federal cost accounting standards to cost system requirements
  • Determine full costs of outputs for the goods and services provided
  • Analyze the key components of ABC system operation and the features that make it an important management tool
  • Identify the procedures for designing and implementing an ABC system

General Topics:

  • An introduction to ABC
  • Cost accounting in the federal government
  • Basics of the ABC approach
  • ABC data sources
  • ABC management information
  • Assessing operational performance
  • External reporting of cost performance
  • Implementing an ABC management system
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Classroom Exercise
  • Discussion
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Examinations
Supplemental Materials