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Activity Based Management (Global Version)

ABMGV001

English

Audience Details:

6

Familiarity with the basic principles of financial accounting, operational analysis, and strategic analysis

Managers, prospective managers, and anyone else within an organization involved in making business decisions

This learning path discusses the use and benefits of Activity Based Management (ABM), a business solution designed to help organizations that currently use, or are planning to introduce, Activity Based Costing (ABC) systems in their operations.

After learning this courses you should be able to:

Understand the need for activity based management
Define ABM in broad terms
Define the structure of the two dimensional ABM modelapply the two dimensional ABM model to simple scenarios
Understand how the process perspective is used to achieve better business performance
Identify the general characteristics of situations best suited to the use of ABM
Identify the key steps involved in moving to ABM
Understand the process of setting up an ABM Mode
Identify the three key areas on which attention must be focused in order ensure successful implementation of ABM
Understand the importance and value of an accurate costing system
Understand five areas in which traditional management support practices present a barrier to continuous improvement
Identify the shortcomings of a traditional costing system
See how an ABM approach can lead to more accurate costing information
Appreciate the benefits of moving to an ABM system

Hands on pratice - Simulations

Course Structure: Modules and Learning Events

Introduction to ABM
Introduction to ABM
Importance of cost information in determining profitability
Fixed costs and variable costs
The two dimensional ABM model
The Two Dimensional ABM Model
The two dimensional ABM model in greater depth
Components of the two dimensional model
Cost assignment and process perspectives
Process Perspective Analysis
Definition of a process
Options for improving processes
Moving to ABM
Where ABM is a Good Choice
Applicability of ABM across different industries
Conditions that make ABM a good choice
Analysis, Planning and Implementation
Process of business problem analysis
Questions to ask before implementing ABM
Forecasting problems and planning solutions
Importance of training to successful implementation
Building an ABM Model
Identifying activities
Creating activity centers
Identifying resource driver
Selecting activity drivers
Importance of training, feedback and integration
Traditional Costing and ABM
Traditional Costing Systems
Importance of cost information to a business
Weaknesses of Traditional Support Systems
Traditional costing systems as an impediment to improvement
Traditional Costing Versus ABM
Business trends leading to the development of ABM
Direct costs and indirect costs; the decline of the former and the increasing importance of the latter
AMB Case Study
Specific, figure-based illustration of importance of accurate costing information

Curriculum Info:

Business Skills

Personal Use License Price $495.00

Contact your Eno Learning Consultant or call 877-298-1322 to order. For organizational purchases, please contact the sales office nearest you.

Available Online and Interactive Multimedia CDs

	Activity Based Management (Global Version)
	ABMGV001
	English

Audience Details:
	6
	Familiarity with the basic principles of financial accounting, operational analysis, and strategic analysis
	Managers, prospective managers, and anyone else within an organization involved in making business decisions
	This learning path discusses the use and benefits of Activity Based Management (ABM), a business solution designed to help organizations that currently use, or are planning to introduce, Activity Based Costing (ABC) systems in their operations.
	After learning this courses you should be able to:
	Understand the need for activity based management Define ABM in broad terms Define the structure of the two dimensional ABM modelapply the two dimensional ABM model to simple scenarios Understand how the process perspective is used to achieve better business performance Identify the general characteristics of situations best suited to the use of ABM Identify the key steps involved in moving to ABM Understand the process of setting up an ABM Mode Identify the three key areas on which attention must be focused in order ensure successful implementation of ABM Understand the importance and value of an accurate costing system Understand five areas in which traditional management support practices present a barrier to continuous improvement Identify the shortcomings of a traditional costing system See how an ABM approach can lead to more accurate costing information Appreciate the benefits of moving to an ABM system
	Hands on pratice - Simulations

Course Structure:	Modules and Learning Events
	Introduction to ABM Introduction to ABM Importance of cost information in determining profitability Fixed costs and variable costs The two dimensional ABM model The Two Dimensional ABM Model The two dimensional ABM model in greater depth Components of the two dimensional model Cost assignment and process perspectives Process Perspective Analysis Definition of a process Options for improving processes Moving to ABM Where ABM is a Good Choice Applicability of ABM across different industries Conditions that make ABM a good choice Analysis, Planning and Implementation Process of business problem analysis Questions to ask before implementing ABM Forecasting problems and planning solutions Importance of training to successful implementation Building an ABM Model Identifying activities Creating activity centers Identifying resource driver Selecting activity drivers Importance of training, feedback and integration Traditional Costing and ABM Traditional Costing Systems Importance of cost information to a business Weaknesses of Traditional Support Systems Traditional costing systems as an impediment to improvement Traditional Costing Versus ABM Business trends leading to the development of ABM Direct costs and indirect costs; the decline of the former and the increasing importance of the latter AMB Case Study Specific, figure-based illustration of importance of accurate costing information
Curriculum Info:
	Business Skills
	Personal Use License Price $495.00
	Contact your Eno Learning Consultant or call 877-298-1322 to order. For organizational purchases, please contact the sales office nearest you. Available Online and Interactive Multimedia CDs