Webcast: Activity Based Costing

In these times of increasing global competition and challenging economic conditions in local markets, it is more important than ever to have a cost management system that is up to the task. The latest stage in the evolution of activity-based costing (ABC) systems involves an emphasis on resource and capacity management. These new systems allow managers to see where costs are being incurred, understand the factors contributing to costs and to effectively manage those costs. In this course, you will learn the basic concepts and principles necessary to design and use an ABC system to improve cost management.