World Class Cost Accounting: A Practical Application—Part 1 26-27

Enhance your career with an invaluable skill set in this two-part series, where you’ll explore the cost system of a real company from the ground ...

10/13/2026 10:00am - 1:30pm  |  Online  |  CalCPA

Members: $175.00, Non-members: $229.00

CPE Categories: Accounting (4 CPE)

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Description

Enhance your career with an invaluable skill set in this two-part series, where you’ll explore the cost system of a real company from the ground up. Learn how to link variable and base costs, identify fluctuating and semi-fixed direct costs, and accurately trace direct materials, labor, and labor burden to products. Gain practical tools for budgeting, setting standard costs, and seamlessly embedding Activity-Based Costing (ABC) into a comprehensive cost system. Be sure to also register for Part 2: World Class Cost Accounting: A Practical Application - Part 2

Target Audience

CPAs, CFOs and Controllers looking to enhance their knowledge on Cost Accounting.

Course Objectives

• Determine methodologies for costing precision • Recognize how to automatically embed ABC into the cost system • Identify bases for tracing direct materials and labor costs to their products

Subjects

• Classification of the five cost types • Direct Materials’comprehensive coverage • Direct Labor’labor burden costs