CMF19101. Cost Accounting

Track: 
Manufacturing Conference
Field of Study: 
Accounting
CPE Credit: 
4.5
Knowledge Level: 
Advanced
Advanced Preparation: 
None
Prerequisite: 
4 years previous experience in cost accounting or pricing strategies role

Monday, November 18, 2019
 
8:00AM-12:00PM

Cost accounting identifies the essential data for manufacturing managers to measure and evaluate performance through planning and controlling costs, costing products and services, and providing information to customers. This session will cover the basic concepts and strategies associate with various types of costs and costing systems. This session will also focus on the concepts and theories of pricing strategies and the impact and alignment with cost accounting. Attendees will be provided with insight into trends, challenges and opportunities as these decisions lead to financial accounting and taxation implications. The session will cover the following key elements:

• Types of costs and their impact on cost accounting practices
• Cost based pricing versus market based pricing
• Pricing strategies and their obstacles
• Tax impact of cost accounting practices
Learning Objectives:

  • This session will cover the basic concepts and strategies associate with various types of costs and costing systems.
  • This session will also focus on the concepts and theories of pricing strategies and the impact and alignment with cost accounting.
  • Attendees will be provided with insight into trends, challenges and opportunities as these decisions lead to financial accounting and taxation implications.
  • Tax impact of cost accounting practices


SESSION SPEAKER(S)

CPA
Managing Partner - Manufacturing, Distribution & Retail | DHG
CPA
Senior Manager | Dixon Hughes Goodman
CPA, CGMA
Managing Director | Dixon Hughes Goodman