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Call in the U.S.

Robin Davies

We offer competitive individual and group pricing on our training classes. Call in the U.S. (630) 357-3000 ext. 3080 or email Robin Davies to get a quote.



(3 day course)

Course Description:
Wizdom's Activity Based Costing (ABC) seminar will teach you how to apply Activity Based Costing, today's most dynamic accounting tool. Activity Based Costing is a 3 day course.

Managers require accurate and timely cost information to make informed decisions affecting everything from product pricing strategies, programs for industrial reinvestment and systems modernization, to developing and evaluating the savings from Business Process Reengineering projects and other improvement initiatives. Only Activity Based Costing can provide you with the truly accurate data regarding the true cost of your operations and products that today's managers are demanding.

Topics Covered:

  • An in-depth Wizdom Case Study
  • Six Famous Case Study Summaries
  • History and Theory of ABC
  •  Practical Applications of ABC
  • Business Process Reengineering
  • Computerized Accounting
  • How to Determine Cost Drivers
  • How to Assign Overhead Costs
  • Control vs. Accountability
  • Why FASB & GAAP Fail
  • Determining Product Costs
  • Value-Added Analysis
  • Strategic Cost Analysis
  •  Defining Cost Pools
  • Activity Modeling (IDEF)
  • Where is the True Data?
  • Selling ABC in Your Company
  • The Human Issues of ABC
  • Managing ABC Changes
  • CPR (Computer-aided Process Reengineering)
  • Gaining Managment Support
  • Practical Hints for Success
  • How to Avoid Failure
  • Seasonaliaty, Volume, Capacity
  • How Long? How Much?

Who Should Attend?

  • Cost Consious Managers
  • Financial Advisors
  • CPAs
  •  Accountants
  • Project Managers
  • BPR Team Members
  • Executive Strategists
  • General Managers
  • Supervisors
  • CEOs
  • Presidents
  • Vice Presidents
  • Human Resource Personnel
  • Consultants

Wizdom is a recognized leader in providing innovative process-based business and software solutions.

Wizdom’s integrated business improvement software, comprehensive training, and expert consulting enables industry and government leaders to communicate, plan and execute a unified strategy and employ best business practices. Wizdom's founder's contributions to Business Process Engineering began with its conceptual foundation in the 1970s, with the U.S. Air Force's Integrated Computer Aided Manufacturing (ICAM) program. The ICAM program was based on IDEF, the very foundation of BPR.

IDEF is the only modeling methodology covered by a Federal Information Processing Standard (FIPS), the same concept that guarantees us that our electric razors will work in all outlets in the United States.

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Wizdom Training goes hand-in-hand with our BPR "How-To" books. They're chock-full of real life examples and tips.
Contact Us

Call in the U.S.
1-630-357-3000. Ask for Robin Davies