Improvement
Target audience
- Management control directors
- Finance directors
- Anyone interested in this topic
0.5 day
Virtual Classroom
ABC ABM distance learning
Prerequisites
It is necessary to have prior knowledge of cost structure and margin calculations
Objectives
◗ Implement the ABC (Activity-Based Costing) method.
◗ Follow the data structuring and management procedures required to deploy the ABC.
◗ Conduct an ABM (Activity-Based Management) analysis using a single analytical dimension and by cross-referencing multiple dimensions.
◗ Assess how ABM contributes to management decisions and performance improvement levers.
Training program
◗ Understanding the fundamentals of ABC
– What is a relevant analytical dimension?
– How can a product appear profitable when it isn’t?
– Differences between costs and resource consumption
– Resources, activities, resource drivers, cost drivers, cost object/analytical dimension, dedicated costs: diagram and key concepts
✔ UNDERSTAND | Illustration: Complete 3-level ABC model (resources > activities > cost object/analytical dimension)
✔ EXPERIMENT | Illustration: the smartphone—the case of Apple and the iPhone 13
✔ APPLY | Practical case study: analysis of the “Engineering Academy” case and its transformation into a profit center using ABC
✔ EVALUATE | Quiz: In your opinion… What are the strengths and weaknesses of the proposed framework?
◗ Allocate costs more appropriately
– Identify appropriate drivers: simplicity, availability, and objectivity
– Limitations of arbitrary metrics: distortions and biases
– Information sources and updates: the case of operational and support activities
✔ APPLY | Practical exercise: Allocate shared resources to multiple activities using selected drivers
✔ EVALUATE | Guided study: Comparison of three allocation rules
◗ Managing performance by activity with ABM
– Distinguish between value-added and non-value-added activities; reduce or outsource tasks; share tasks; optimize the cost of a task
– Examples of ABM applications: action plans, benchmarks, margins by channel
✔ EXPERIMENT | Illustration: Are there any concrete examples within the learner’s scope?
Why choose this course?
With the growing importance of indirect costs (R&D, marketing, information systems, etc.), traditional cost-calculation methods are often outdated and ill-suited for management analysis. As a result, these methods are giving way to ABC, which values activities throughout their entire life cycle. When integrated with ABM, it becomes a true performance management framework.
Teaching and assessment methods
Distance learning :
– Three visual elements: a video of the presenter, the presentation, and a virtual whiteboard
– Interactive quizzes
– Maximum of 6 participants
Before: self-assessment quiz
During the session: an overview of key principles, a discussion of practical implications, and examples drawn from recent financial statements. Practical exercises and interactive quizzes help ensure that participants have acquired the necessary knowledge.
Afterward: supplementary materials. The facilitator will be available after the training session to answer any questions related to the training.
Price
740 € EXCL. TAX
Testimonials
ABC ABM distance learning
ABC ABM distance learning
ABC ABM distance learning
ABC ABM distance learning
Jonathan C.
Company
Training