TARGET AUDIENCE
This intensive and practical workshop gives you a good understanding and overview of what cost allocation and Activity-Based Costing are. Concepts are explained before designing an Activity-Based Costing system.
SPECIFIC LEARNING OBJECTIVES
You should be able to answer the following questions, and many more, after attending this 1-day workshop.
"Why is it necessary to allocate common costs to other divisions?"
"How do costs behave?"
"What foreseeable problem is there in cost allocation?"
"What are the common methods of cost allocation?"
"What is Activity-Based Costing and how can it be applied?"
WORKSHOP OUTLINE
- The need to allocate common costs
- Why service division costs need to be charged to operating divisions
- How service division cost can be allocated
- Foreseeable problem in cost allocation
- Two common methods for service division cost allocation
- Activity-Based Costing vs Traditional costing
TRAINING METHODOLOGY
A Workshop Manual will be provided. Interactive exercises will be guided by the Trainer so that participants can apply the concepts taught.
TRAINER PROFILE
Raymond Ang, holds a Bachelor of Business Administration degree from the University of Singapore, as well as a Master of Applied Finance degree from Macquarie University, Sydney. He has more than 35 years of working and training experience in the areas of accounting, finance and statistics. Besides conducting training and seminars for corporate clients and the public, he also gives lectures on accounting, finance and statistics courses at foreign universities represented by local educational institutions.
To make the training interesting, he uses simple daily analogies to explain complex concepts for easy understanding.
PARTICIPANT FEE
- Standard: S$590 Nett (S$354 Nett after PIC grant – Cash Payout Option)
- Early Bird: S$490 (S$294 Nett after PIC Grant – Cash Payout Option) Form must reach us by 17 Jul 2015
- Group of 2 or more: S$490 (S$294 Nett after PIC Grant – Cash Payout Option)
*Enjoy up to 400% tax deduction or 60% cash payout under the Productivity and Innovation Credit (PIC) scheme for Staff Training. Find out more here
Registration:
Please email the completed physical form to: sales@3pointe.com.sg or fax to: 6520 9851
For further queries, please contact us at:
Email: sales@3pointe.com.sg Or call Michael: 9669 6694
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