Managerial Cost Accounting for Decision Support

Course Number
NIHTC9592
16 CLPs What are CLPs?
Description

PLEASE NOTE THIS COURSE IS ONLY OFFERED AS A CLOSED ENROLLMENT.
Explore effective ways to gather, develop, provide, use, and analyze cost information to accurately determine the full cost of federal programs, their activities, and their outputs. This course emphasizes applying the requirements of SFFAS 4, Managerial Cost Accounting Concepts and Standards for the Federal Government, and introduces participants to the relationship between cost accounting, budgeting, and financial reporting. Gain an understanding of how cost information provides Congress, program managers, and the public with information used as the basis for making decisions about allocating federal resources; authorizing, adjusting, or eliminating programs; and assessing program performance.

Key Topics
  • Explain basic managerial cost accounting terms and concepts
  • Identify key cost information that can provide decision support for internal and external users of financial and nonfinancial information
  • Apply current accounting standards to day-to-day events
  • Recognize the impact of the accounting standards on financial reporting: full costing, traditional cost accounting methods, activity-based cost accounting, and reporting costs by outputs and outcomes

Audience: This course is designed for federal financial management personnel.

Class Registration Process

When you register for a class, you will be automatically placed on a waiting list. A message "No Seats Available" will appear. Select YES, Continue Registration. Once the course is approved by your manager and final approver, you will successfully be registered if a seat is available. This new process helps avoid enrollment errors. Watch our video to learn more or visit our Course Registration page.

Upcoming Offerings

There are currently no scheduled Open Enrollment offerings for the course Managerial Cost Accounting for Decision Support. If this class is designated as a Closed Enrollment, it will NOT be offered as an Open Enrollment. Contact me with additional information about this class.

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