Effective Cost and Profitability Management

Professional Development

Degrees & Designations

Offers & Discounts

Competency Assessment

Back

Webcast

Effective Cost and Profitability Management — On Demand

Presentation Date: 01/01/2099	Price: $129.00
Duration: 1 hour 35 minutes
CPD Hours: 2

All prices in Canadian Dollars

Description

ON DEMAND WEBCAST

Buy Now, Watch Right Away (How to access)

Webcast description

How can you improve profits for your organization?

The answer is easy — either increase revenues or lower costs. Even better, you can do both simultaneously.

Financial people are usually best at helping lower costs rather than increasing revenues. However, most do not know how to present their efforts to others in the organization in order to get the credit and recognition they deserve.

And before you can even attempt to improve profitability, you need to measure it first.

This webcast will cover various methods of measuring costs, especially overhead costs, and assigning them back to various products, customers, or distribution channels in order to calculate profitability. Once you can calculate profitability, you can take steps to improve it. Most importantly, you can highlight your accomplishments effectively to your bosses and senior non-financial management, which will ultimately help your career progress.

Presenter:

Karine Benzecar

This webcast will teach you to

identify and calculate product costs
identify different situations for different product costs
calculate and act on cost variances
identify situations where activity-based costing (ABC) is successful
highlight their cost reduction efforts to management and get noticed

Presentation outline

•  how to find possible sources of cost reduction
•  the different ways to interpret and calculate product costs
•  situations in which different cost calculations are appropriate
• cost variances explained
•  activity-based costing (ABC) — its successes and its challenges
•  highlighting your accomplishments in reducing costs

Companion webcast

This webcast is part two in a series on profitability and costing. We recommend you also attend part one, Powerful Costing and Profitability Analysis, which describes how to identify the drivers of costs and profitability and analyze profitability within your organization..

How to access your On Demand Webcast

Purchase this webcast using the blue button near the top right of the page.
Example:
After you complete your purchase, go to "MyPDNet," which you can access from the top menu.
Example:
Inside MyPDNet, you'll see all the products you've purchased. Click on the title of this webcast to begin watching it.
Example:
If you see this "Security Warning" box, please click No.
Example:
Your webcast will now begin. You can pause, rewind, and rewatch your webcast as much as you like until the webcast expires.

This webcast will be available to you for at least 90 days from the date of purchase.

(Back to webcast description)

System requirements

Internet Explorer 6 or later is required to view and hear the webcast. In order to access this webcast presentation, please test your system on the computer you will be using for the webcast. Be sure to click on "OK - Play Test" under Status in order to see and hear the video playing.

A screen shot of the "test your system" tool

If you require further information, go to our Help page or send an e-mail to PD Net Comments.

About the Author and/or Presenter

Karine Benzacar, MBA, FCMA, CPA (Del), is Managing Director of Knowledge Plus Corp., an organization which specializes both in business training and in providing financial, accounting, and management information services. Karine is a seasoned industry professional with more than 15 years of solid industry experience. After beginning her career in the finance departments of Avon Products Inc. and Kraft Foods Inc., she held senior financial management positions at three major Canadian Banks — Royal Bank of Canada, Bank of Nova Scotia, and Bank of Montreal. She has been working with IFRS since 2005 with selected clients.

Karine obtained an MBA from McGill University in Montreal. In addition to her industry experience, Karine has been teaching undergraduate and MBA courses at several leading universities including the University of Toronto, Concordia University, and Ryerson University. She is a highly acclaimed industry expert and has presented at international industry conferences. She has published numerous articles in leading journals such as The Bottom Line, Financial Post, Canadian HR Reporter, HRPAO Magazine, and The RMA Journal and has been quoted as an industry expert in industry publications.