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The Activity-Based Costing (ABC) Rapid Prototyping Toolkit allows you to implement an ABC system within your organization in weeks, instead of months or years. It includes a proven framework for ABC rapid prototyping, along with associated tools, templates, and educational resources (listed below).
Many believe ABC can be complex and that an organization needs to determine if the benefits are worth the effort. Many have this perception, but it is a misconception.
With this toolkit, we can implement a permanent repeatable ABC production system in weeks. It accelerates quick learning about ABC, is engaging since the organization is modeled (not a fictitious one), dispels misconceptions that an ABC model must be large and complex (and require employee time sheets), gains buy-in from skeptics, and most importantly identifies what types of uses line managers will leverage the ABC information for insights and decision support. It starts the commitment to use ABC.
The following documents are included:
1. PowerPoint that describes the implementation approach (this is the primary document, which you see above in the partial preview)
2. Sample Statement of Work (SOW) that consultants can propose to clients
3. Word document describing problems associated with ABC and how ABC rapid prototyping is a solution
4. Excel spreadsheet demonstrating activity cost and driver calculations
5. Excel spreadsheet to calculate activity costs (template)
6. Excel spreadsheet for applying activity driver volumes to assign activity costs to cost objects (template)
7. PDF of the chapter on ABC Rapid Prototyping from my book, "Activity-Based Cost Management – An Executive Guide"
8. Word document that provides a compilation of links to articles that I have authored on ABC
9. Video of a seminar/lecture I held on ABC (36 minutes)
Documents 2-9 are included in the secondary ZIP.
Got a question about the product? Email us at [email protected] or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Costing, Activity Based Costing PowerPoint Slides: Activity-Based Costing (ABC) Rapid Prototyping Toolkit PowerPoint (PPTX) Presentation, Gary Cokins
ABOUT THE AUTHOR: GARY COKINS
Gary Cokins is an internationally recognized expert, speaker, and author in business analytics enterprise and corporate performance management (EPM/CPM) improvement methods (e.g., strategy map and its balanced scorecard; product, channel, customer profitability reporting usinf activity-based costing; driver-based rolling financial forecasts).
He is the founder of Analytics-Based Performance Management, an advisory firm located in Cary, North Carolina. Gary received a BS degree with honors in Industrial Engineering/Operations Research from Cornell University in 1971. He received his MBA with honors from Northwestern University's Kellogg School of Management in 1974.
Gary began his career as a strategic planner with FMC's Link-Belt Division and then served as Financial Controller and Operations Manager. In 1981 Gary began his management consulting career first with Deloitte consulting, and then in 1988 with KPMG consulting. In 1992 Gary headed the National Cost Management Consulting Services for Electronic Data Systems (EDS) now part of HP. From 1997 until 2013 Gary was a Principal Consultant with SAS, a leading provider of business analytics software.
His two most recent books are Performance Management: Integrating Strategy Execution, Methodologies, Risk, and Analytics, and Predictive Business Analytics. His books are published by John Wiley & Sons.
File Type: PowerPoint (pptx)
File Size: 3.9 MB
Number of Slides: 19 (includes cover, transition, & marketing slides)
Related Topic(s): Costing Activity Based Costing
This business document is categorized under the function(s): Operations
It applies to All Industries
Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.
This product contains a supplemental ZIP document.
Initial upload date (first version): May 14, 2018
Most recent version published: May 14, 2018
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