2024 Managerial Accounting: Your Prescription for Better Decisions

Overview

This session revisits useful, but potentially underutilized, managerial accounting techniques. You will appreciate a fresh look at concepts you may not have considered since your college days. We will illustrate practical ways you can immediately implement managerial accounting analysis in your professional endeavors.

Highlights

Target profit and Break-even analysis
Relevant costs and decision-making
Standard costs and variances
Activity-based costing
Segment reporting and analysis
Budgeting

Prerequisites

Basic working knowledge of financial statements and business processes

Designed For

This session is appropriate for any business professional who makes managerial decisions. Accountants who have not recently considered managerial accounting techniques will benefit from a refresher. Even proficient managerial accountants should appreciate fresh, practical illustrations of managerial accounting analysis and related decisions.

Objectives

Recognize differences between financial and managerial accounting
Revisit fundamental managerial accounting concepts
Utilize managerial accounting to facilitate decision-making
Be able to apply managerial accounting techniques to actual business circumstances