Relevant Cost for Short-Term Decision Making

Available Anytime
Location: Online
1Credits
Technical Business
Registration is Open
FICPA Members
$55.00 Regular Price
Nonmembers
$65.00 Regular Price
Product Code: AI23-FLP21_MAA7
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Business Management & Organization

Overview:

Short-term decision-making is vital in any business.

This course introduces several techniques used for short-term decision-making as well as relevant costs and revenues for decision-making. By identifying the optimal production plan when resources are limited, you can determine the most effective course of action that will drive company flexibility and success.

Value added topics:

  • Factors for short-term decision-making
  • Relevant cost and revenue
  • Product mix decisions

Gain practical experience.

The exercises use real-world examples and are designed to equip you with the skills you need to apply advanced costing strategies and acquire a deeper understanding of the decision-making process to assist financial reporting and control.

This is a standalone course but if you're interested in more of this type of learning while earning a designation, explore the CGMAr Finance Leadership Program.

Objectives:

Learning Outcomes

  • Identify factors that affect short-term decision-making.
  • Recognize relevant costs and revenues to assist in short-term decision-making.
  • Recognize the most profitable use of limited resources.

Major Topics:

Key Topics

  • Introduction to short-term decision scenarios
  • Relevant cost short-term decision making
  • Product mix decisions

Designed For:

Who Will Benefit

  • Global accounting and finance professionals
  • Management accountants
  • CPAs in public practice
  • Consulting firm professionals


Prerequisite:

None