Activity based costing and management - making it work in the real world

Practical approaches that produce significant business benefits.

Finance directors, financial controllers, management accountants, operational and commercial managers and change managers in all commercial sectors, plus public sector and not for profit organisations.

Real world approaches to ABC and ABM that can be implemented and sustained - this course draws upon practical experiences and case studies where ABC and ABM have really been made to work and produce significant business benefits.

ABC and ABM are simple concepts and practical tools which create much greater transparency and understanding of an organisation's operations, enabling management to take smarter decisions and drive real change and business benefits through to the bottom line. Yet consultants and software companies hijacked these concepts, like many other three letter acronyms, and introduced impractical complexity, along with time and cost, into implementations, making them largely unworkable and unsustainable.

This course gets back to the fundamentals and demonstrates how they can be practically adopted with a minimum of pain and fuss, and looks at the applications and benefits that result.

John McKenzie

John has over 20 years' experience, during which he has undertaken ABC/M implementation work at a range of companies including Halifax Plc, British Airways, Seeboard Electricity, London Electricity, British Gas, ADNOC (Abu Dhabi National Oil Company), Sharwoods, Vauxhall Motors, IBC Vehicles, MATAV (Hungarian Telecom), Glasgow City Council, Royal Sun Alliance, NatWest and Unilver International. His book ABC/M to the Max was published in 2008.

• what are ABC and ABM and what drives the need for them?
• practical ways to implement it yourself (KISS - keep it simple stupid)
• cultural and human issues arising from implementation
• true cost and profitability measurement and management (customer / product / channel)
• replacing internal recharges with internal service costing
• activity based approaches to budgeting made simple
• applying ABC/M knowledge to drive internal improvement and value creation
• linking ABC/M to performance measures
• what to avoid.

The course starts with registration and coffee at 9am, and ends at 5pm.  Morning coffee, lunch and afternoon tea are included.

6 CPD hours (where applicable)

Find out more
If you have any queries please email or phone us on +44 (0)845 026 4722.

CIMA on demand
CIMA on demand is a high quality online professional development solution, specifically designed for busy finance and business professionals. Find out more.