To Access This Course:
In today’s competitive marketplace, management’s focus is always on profitability. Companies that are profitable have happier customers, investors and shareholders. Access to capital to grow and expand is always predicated on profitability. The most successful companies know how to manage overhead expenses and reduce their costs to drive profitability.
This course focuses on how to manage, evaluate and take action to optimize overhead expenses.
Learning Objectives
- Define the different types of overhead and how they impact decision making.
- Describe how companies manage and control overhead.
- Articulate the process for allocating overhead to cost objects and products.
- Evaluation and discussion of the overhead variances for variable and fixed overhead.
- Observe how to calculate overhead variances, evaluate performance and identify root causes and solutions.
Last updated/reviewed: April 09, 2018
13 Reviews (48 ratings)Reviews
Anonymous
(Treasury Management Officer, AVP)
The test was so badly written, it has blatant typos. Question #4 is impossible to understand as written. If you're putting this much effort into putting a course out there, ensure you're measuring a student's understanding adequately. Would not recommend the course.
Tim Philips
(Controller at Self)
This was academic in tone. People in mfg facilities don't use these terms and this could be improved by making the jargon tailored towards that audience. Frankly, using these terms is what frustrates management about accountants, of which I am one.
Anonymous
(Director of Finance and Contracts)
Some important concepts were brushed by, while others were too thoroughly reviewed. I did learn about production volume variances though and in a services industry, that was interesting.
Anonymous
(Lead Financial Analyst)
Although the material was fairly basic, I didn't feel that the review questions accurately reflected understanding of the course.
Alex Ristevski CTP, CRC
(VP, Portfolio Manager at SunTrust Bank)
Good overview of management accounting. Presenter was thorough, defined key terms, and provided illustrations.
Anonymous
(Independent Financial Consultant)
Good introductory class (or refresher) for management of overhead costs. I liked the review questions.
Anonymous
(Financial Services Professional)
Well presented and explained with examples. The whole topic is covered within a short time span.
Anonymous
(General Accounting Manager)
Like the instructor. He is concise and explains things very well.
Anonymous
(Not Provided)
Informative presentation on learning about company's overhead.
Anonymous
(Sr. Institutional Fixed Income Trader)
This course makes you do some hard thinking..good course
Anonymous
(Finance & Strategic Planning Consultant)
good review of the basics for overhead accounting
Anonymous
(Vice President - Strategy, Corporate Dev..)
Good examples and diagrams in the slides.
Anonymous
(Vice President of Finance )
Good slides, pretty good presentation
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .