Live Educational Webinar
Fundamentals of Performance Management
Price: FREE
May. 23, 2019 Thursday
11:00 AM - 12:00 PM (Pacific)
1 Hour
Free Live Webinar
- Free CPE
- Non-sponsored Events mean you never listen to a 3rd party sales pitch – it’s all just great education
- Expert-instructor-led learning with live Q&A
- Based on a great course on Illumeo
Tom Coghlan Co-founder, CPE University, LLC
A common misconception about performance management is that focuses on “what happened”, providing internal information via dashboards with drill down capability, with an emphasis on "slicing and dicing" past performance data
In reality performance management is really all about performance improvement, using analytics to go beyond "what happened" to "why did it happen" and then to "how can we influence what will happen"
This fast-paced webinar starts with an overview of responsibility centers and contribution margin analysis, discusses how Activity Based Costing be utilized to enhance management understanding, and how the Balanced Scorecard can be used to focus management attention.
In reality performance management is really all about performance improvement, using analytics to go beyond "what happened" to "why did it happen" and then to "how can we influence what will happen"
This fast-paced webinar starts with an overview of responsibility centers and contribution margin analysis, discusses how Activity Based Costing be utilized to enhance management understanding, and how the Balanced Scorecard can be used to focus management attention.
Learning Objectives
After attending this event you will be able to:
Identify and explain different types of responsibility centers, and the segments organizations use to evaluate performance.
Explain the issues with common cost allocation.
Define elements of ABC such as cost pool, cost driver, activity driver, resource driver, and non-value-added activity, and the linkage between activities and cost pools.
Identify and describe the characteristics of a successful implementation and use of a balanced scorecard.
Speakers
Tom Coghlan
Co-founder, CPE University, LLC
Thomas Coghlan, CMA is the co-founder of CPE University, LLC, (www.thecpeuniversity.com) a Philadelphia-based accounting and finance education firm that develops and facilitates training in ethics, product costing and variance analysis, financial statement analysis, performance management, analytics, budgeting and forecasting, and internal control. Tom is one of the top Certified Managerial Accountant (CMA) exam instructors in North America, having helped thousands of CMA candidates prepare for the exam since 2004.
Throughout his career, Tom has worked at the intersection of accounting and finance, education, technology, consulting, and decision making.
Moderated by Jennifer Robbins
Illumeo Webinar Manager
Jennifer is a marketing specialist and the webinar manager for Illumeo. She has been a part of more than 300 webinar presentations, supporting our expert presenters and Illumeo users alike. When she’s not moderating webinars, she’s creating and managing marketing content.
