We work with our clients to develop a custom curriculum for each of our training sessions. Here is an example of a typical agenda for our three day course:
Day 1 – Introduction, concepts review, operations overview
Part 1. Introduction - today’s status of cost accounting
- Relevance Lost – the beginning of change
- Capacity – the overlooked key to improvement
- Variance analysis – too often the missing ingredient
- Pricing and cost
- Breakout – Review your present cost accounting system and define issues, tour affected operations
Part 2. Cost tuning – what it can and cannot accomplish
- Indirect "direct" costs
- Order impact
- Breakout - Set goals for tuning your system and identify hurdles
- Reporting - How to report to influence desired behavior and discourage undesired behavior
Day 2 – Getting it done – in depth implementation
Part 1. Capacity in depth
- Granularity
- Indirect "direct" - Integration of activity-based concepts
- Historical data
- Integration
- Breakout – Present capacity, building your capacity model and impact on your operations
Part 2. Variance analysis in depth
- Direct cost variances
- Overhead cost variances
- Advanced variances
- Breakout – Variances in your operations and new variance opportunities
Part 3. Integration to the planning cycle
Day 3 – Advanced cost accounting – its impact on strategy & pricing
Part 1. The role of activity-based costing
- Traditional activity-based costing
- Pool-based costing
- Transaction-based costing
- Cost drivers - traditional, time-based and derived
Part 2. Cost-to-serve
- Source data, dealing with multiple structured and unstructured data
- Large data sets and model integrity
- The intersection of channel, product and customer costs
- Integration with top line revenue and corporate reporting systems
Part 3. How this applies to your organization
Contact Quantalyst to explore training options for your organization.
