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Cost and Pricing Models: Creating an Effective Tool, 2/15/2025 8:00:00 AM MST ( + 47 more) , Live Webcast Replay, More info »
Live Webcast

Cost and Pricing Models: Creating an Effective Tool


Total Credits: 2 including 2 Accounting - Technical

Average Rating:
   81
Categories:
ACPEN Industry Institute |  Industry |  Accounting and Auditing
Faculty:
John L. Daly, MBA, CPA, CMA, CPIM
Course Levels:
Intermediate
Duration:
2 Hours
License:
Product Setting: Expires 40 day(s) after program date.

Dates


Description

If sales increase, so should profits.  Yet, the opposite result often leaves executives scratching their heads.  When organizations work with inferior cost information, they make mistakes in four specific situations.  Bad information causes sellers to overprice easy, high-volume work and underprice difficult, low-volume work. 

This session discusses how to use activity-based costing data to build accurate costing models that consider far more than just the labor and materials necessary to provide goods and services.  

Basic Course Information

Learning Objectives
  • Increasing profits
  • Build accurate costing models 

Major Subjects
  • Building computer costing models & sub models
  • The importance of volume sensitive models
  • Your twelve most important indirect costs
  • Using rate tables
  • Modeling – Professional Services Job Costs
  • Modeling – Repetitive Manufacturing
  • Why return on sales may be an inferior way to plan for profit

Course Materials

Faculty

John L. Daly, MBA, CPA, CMA, CPIM's Profile

John L. Daly, MBA, CPA, CMA, CPIM Related Seminars and Products


John L. Daly, MBA, CPA, CMA, CPIM, is a Chelsea, Michigan-based management consultant specializing in costing, pricing strategy and pricing model development.  He has taught continuing professional education courses since 1995 and began doing ethics seminars two weeks before the Enron scandal.  John has been CFO for a Tier 1 automotive parts supplier and a large restaurant chain and COO for a window treatments manufacturer and retailer.  He is the author of "Pricing for Profitability", published by Wiley and Sons and a novel, "Tool & Die".


Additional Info

Basic Course Information

Prerequisites Some cost accounting experience.  Consider attending Advanced Cost Accounting afterwards.  
Advanced Preparation None
Designed For Corporate Financial Professionals and the Public Practice CPAs that advise them
Original Recording Date 01/06/2022
Yellow Book No
Course Developer Executive Education, Inc.
Date Added to Catalog 11/25/2021

Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199). 


Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method

Group Internet Based


Course Registration Requirements

Online Registration


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 


Promo Video

Reviews

5
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2
1

Overall:      4.7

Total Reviews: 81

Comments

James E - Rosemount, Minnesota

"Handouts are worth cost of webinar by themselves"

Stephen C

"Thank you!"

Mukaila A

" "

Jose D - Miami, Florida

"Good courses"

Katherine L

"Very useful course. Good things to consider."

Anthony G

"Excellent presenter! Very well organized on a difficult topic."