Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
Strategic cost management is the opposite of the knee-jerk reaction businesses take when they find themselves in a predicament. Strategic cost management requires the participation of top management, middle managers, and employees to focus on strategic positioning and development, identify cost drivers, and provide strategic cost information throughout the value chain and for the execution.
Strategic cost management has become an essential activity for businesses wanting not only to survive but also to succeed. And, when properly executed, strategic cost management supports organizational objectives and creates sustainable value for customers.
Topics Include:
- Introduction: Cost Driver Analysis, Value Chain Analysis, Strategic Positioning Analysis
- Strategic Cost Management Topics: Balanced Scorecard, Financial Perspective, Customer Perspective
- Total Quality Management: Business Process Re-engineering, Zero-Based Budgeting
- Six Sigma
- Environmental Costing and Control
Key Takeaways
After completing this course, the learner should be able to:
- Define strategic cost management and related terms.
- Identify the purpose and importance of strategic cost management.
- Recognize the advantages and limitations associated with strategic cost management.
- Apply the methods relating to strategic cost management.
Who Will Benefit
Accountants and finance professionals who have not recently considered managerial accounting techniques and proficient managerial accountants who desire fresh, practical illustrations of strategic cost management analysis and related decisions.
Disclaimer
Most of CPA Ontario's 450+ on-demand courses are compatible with the mobile app. Unfortunately, this on demand course is not compatible. For the best learning experience, we suggest you use your computer.
How to Access the Course
To access the course please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Please allow up to 15 minutes after registration for the course to appear on your BlackBoard page.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Tim Gearty is the National Director and Editor-in-Chief for Becker CPA Review. In addition to his editorial leadership, Tim is also Becker's National Lead Instructor, whose taped lectures are seen in over 325 locations throughout the world. Tim is a nationally recognized expert and speaker on a variety of accounting and tax topics, and has appeared as keynote speaker for several Fortune 100 companies as well as many national associations. He has frequently been called upon over the past twenty years to present accounting and tax topics to large groups, organizations, and corporations, accounting firms and in legal proceedings. Tim is a partner in Gearty & McIntyre, LLP, CPA, a firm which has developed a reputation as a specialist in business advisory services, litigation support and forensic accounting. He is a member of the American Institute of Certified Public Accountants and the New Jersey Society of Public Accountants as well as a trustee of that organization. He holds a BS in Accounting from Fairleigh Dickinson University, and both a MBA in Finance and Law Degree (JD) from Seton Hall University. Tim is a member of the New Jersey and American Bar Associations.