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The following seminars are conducted by the Wharton Institute of Technology and Science (WITS) along with The Australian Institute of Finance & Management as part of the Continuing Development Program of the Institute. Please contact the Secretariat to obtain the current dates and venues of the following programs :

 

 

SEMINAR NO. 1 : 

IMPLEMENTING ACTIVITY BASED CONTROL SYSTEMS - "Beyond Activity Based Costing"


Management Control Systems

  • Control Systems and Behavior

  • Concepts of Control: The Control Framework

  • Accountants and Control Systems

  • Issues in Control Systems Design

  • Types of Control

Cost Information in Modern Firms

  • Cost Information: More of an Hindrance than a Help?

  • Cost Classification

  • Allocating Indirect Costs

  • Loss of Competitiveness due to Faulty Cost Systems

  • Uncovering Hidden Profits and Hidden Losses


Re-Engineering Cost Allocation Systems

  • ABC: The Response to Complexity in Modern Firms

  • The Fundamentals of ABC

  • Cost Drivers

  • Activity Analysis

  • Advantages and Limitations of ABC

  • Case Study: Comparison of Cost Allocation Systems


Activity Based Management

  • Monitoring Systems

  • Measuring the Performance of a Process

  • The Key Performance Variables to be Measured

  • Frequency, Timeliness and Accuracy

  • Controlling White-Collar Departments

  • Activity Based Budgeting

  • Feedback Systems under ABM

Implementing Re-Engineered Cost Analysis and Control Systems

  • Creating Implementation Motivation

  • Training, Evaluation and Information

  • Project Organisation

  • Project Analysis

  • Project Synthesis (Model Building)

  • Long-term Cost Management Model

  • From Project to Steady State


Questions? info@cmawebline.org Phone: +61 3 95447913 Fax: +61 3 95447299
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