Cost and Pricing Models: Boost Your Bottom Line
Overview
If sales increase, so should profits. Yet, the opposite result often leaves executive’s scratching their heads. When organizations work with inferior cost information, they make mistakes in four specific situations. Bad information causes sellers to overprice easy, high-volume work and under-price difficult, low-volume work.
This session discusses how to use activity-based costing to build accurate costing models that consider far more than just the labor and materials necessary to provide goods and services.
Delivery Method: Individual webcast
CPE Credit: Accounting
Program Level: Intermediate
Highlights
- Cost Accounting
- Activity-based Costing
Prerequisites
Cost accounting coursework helpful
Designed For
Professionals attempting to improve profitability
Objectives
- Is your information good enough?
- How a “back of the envelope” analysis may improve your profitability
- Why knowing product launch and step-variable costs is critical
- See what other organizations have done in real life
- Learn to give the “dogs” to your competitors and keep the “gravy” for yourself
Preparation
None
Leader(s):
Leader Bios
John Daly, CPA Crossings, LLC
John Daly, CPA, MBA, CMA, CPIM, has been a professional speaker since 1995. He seeks to make every session lively, informative and fun using a combination of case discussion, lecture and peer-to-peer interaction. John has presented in 46 states and five provinces on topics that include accounting, finance, management, software and ethics. He began presenting ethics two weeks before the Enron scandal broke. John has been CFO for a tier one automotive parts supplier and a large restaurant chain and COO for a window treatments manufacturer and retailer. He is the author of Pricing for Profitability, published by Wiley & Sons, as well as numerous professional articles.
Non-Member Price $109.00
Member Price $79.00