Activity based costing using excel

In this recorded webinar, you will learn how to use Excel to break down your costs and assign them proportionally to your various business activities. If you're looking to improve your cost management techniques, activity based costing (ABC) is the way to go. By analysing costs and generating realistic and accurate financial data, you'll be better equipped to make informed decisions for your business. Throughout the webinar, you'll discover how to break down the line items of your profit and loss statement into smaller components to effectively benchmark activities within your industry. Additionally, you'll gain valuable insight into the advantages and disadvantages of using activity based costing, and how to allocate costs across different areas.

Using a practical exercise and segmented into short lessons for ease of learning, this webinar will help you develop and enhance the technology skills that are important for financial professionals.

Key topics:

• Overview of Activity Based Costing (ABC
• The advantages and disadvantages of ABC
• Practical exercise: build a model using sample data sets
• Key tips for successful implementation an ABC costing model using Excel

As part of this webinar you will receive,

• Downloadable worksheets with practical tasks to embed the knowledge
• A learning manual with step-by-step instructions

This recorded webinar is delivered by Excel expert and trainer, Marcus Small.Clickherefor Marcus' biography.

Course updated: May 2023