Activity Based Costing: Course Description:  Activity Based Costing (ABC) provides organizations with improved visibility and transparency in terms of the cost of resources, activities, outputs and clients.  Within the public sector it provides a mechanism to link costs from resources through to activities, outputs and ultimately, results.  ABC has helped numerous organizations deal with the challenge of:  Identifying efficiency and productivity improvements; Allocating resources commensurately with workload; Prioritizing resources effectively; Understanding the full cost of activities and output; Supporting cost recovery decisions; Etc These courses will also cover how ABC relates to Treasury Board initiatives such as Results-based Management Accountability Frameworks (RMAF), Program Activity Architecture (PAA) and Modern Comptrollership.  Course Outlines: Module 1 - Overview  Provide an overview of ABC/M Concepts and General Implementation Methodology Understanding the need for ABC/M in your organization Provide an understanding of ABC/M Cost Flow Structures Provide an understanding of ABC/M Data Collection Requirements Provide an understanding of ABC/M Implementation Planning Provide an understanding of ABC/M Integration, including interfaces with other systems and processes (i.e. business planning, performance measurement, etc) Provide an introduction to Navigating and Analyzing ABC/M Data Real public sector examples Module 2 - Model Development ABC Model Concepts Planning and Organizing for ABC Introduction to Model Building Tools Model Building Developing Activity Models/Dictionaries Developing Cost Flow Structures Collection of Activity Metrics – Resource Utilization, Volumes, Cost objects etc. Collection of external costs Validation of metrics Updating selected ABC software  Development of Data Cubes and Reports Real public sector examples Module 3 - Sustaining Activity Based Costing   ABC Operationalization concepts Positioning ABC in the organization Establishing ABC organization ABC/M Integration, including interfaces with other systems and processes (i.e. business planning, performance measurement, etc) Process, practices and tools for updating ABC Challenges Real public sector examples   Module 4 - Utilizing Activity Based Costing Data (ABM)   Provide training on navigating and Interpreting ABC/M Data Provide specific training on ABC/M Data Analysis Techniques Provide a foundation to understand how to Present ABC/M Data and Results, and how to receive ABC/M data and results Summary version of understanding, utilizing and presenting ABC/M data and results available for Executive level staff.   Copyright 2025 - Automated Information Management Corporation