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LinkedIn Learning

Activity-Based Costing

via LinkedIn Learning

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Overview

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Make better decisions using your financial data. Learn how to design and implement activity-based costing to understand overhead costs and assign costs appropriately.

Syllabus

Introduction
  • Why use activity-based costing (ABC)?
  • How can ABC help my business?
  • What is ABC?
1. ABC Foundations
  • Understanding the ABC process
  • Understanding cost pools
  • Define the cost objects
  • Define activity drivers
2. Sourcing Data
  • Defining data needs
  • Reviewing source data
3. Building the ABC Model
  • ABC modeling tools
  • Structuring your model
  • Building calculations
  • Including direct costs
  • Adding quality assurance
4. Presenting the Results
  • Preparing ABC reports
  • Analyzing the outputs
  • Advising stakeholders on outcomes
  • A sustainable ABC framework
Conclusion
  • Next Steps

Taught by

Joshua Rischin

Reviews

4.7 rating at LinkedIn Learning based on 507 ratings

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