Description: 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.
Learning 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.
Program Content:
- Target profit and Break-even analysis
- Relevant costs and decision-making
- Standard costs and variances
- Activity-based costing
- Segment reporting and analysis
- Budgeting
Who should attend: CPAs and 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.
Program Level: Intermediate
Developed By: Harp Doc, LLC
Instructor: Dr. Chris Harper, CPA, MBA
CPE Credit: 5
Field of Study: Accounting
Prerequisites: Basic working knowledge of financial statements and business processes.
Advanced Preparation: None
Dr. Christopher Harper, CPA, MBA
Chris is a CPA with the heart of a teacher. He is an associate professor of accounting with Grand Valley State University’s Seidman College of Business. He also serves as a senior manager and director of education for Hungerford CPAs + Advisors. Chris has been serving tax and accounting needs of closely held business and individuals since 1998.
Materials are available to registered attendees only