MYCPE ONE

Activity-Based Costing in the Service Era 1.5 Credits

Activity-Based Costing in the Service Era 1.5 Credits

  • Rating

    5

  • Published on

    September, 2026

  • Subject Area

    Finance

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Learning Objectives

  • Identify how Activity-Based Costing can be applied in service-based organizations.
  • Recognize how time can be treated as inventory in a service environment.
  • Explain how tracking service hours supports cost-management decisions.
  • Analyze client activity to distinguish more profitable from less profitable relationships.
  • Apply Activity-Based Costing principles to improve visibility into service-firm margins.

Course Overview

Activity-Based Costing (ABC) is not limited to manufacturing environments. Service organizations such as law firms, consulting practices, and agencies can also use cost-management principles to gain clearer insight into how time and resources are consumed across client work.

This course explores how ABC can be applied in service-based businesses, with particular attention to treating time as inventory and tracking where working hours are spent. Participants will examine how these principles can help reveal the relative profitability of different clients and engagements.

Major Topic:

  • Activity-Based Costing in service organizations
  • Cost-management principles for law firms, consultants, and agencies
  • Time as Inventory
  • Tracking how service hours are used
  • Identifying most and least profitable clients
  • Using cost insight to improve service-firm margins

By connecting hours worked with client profitability, professionals can build a clearer picture of which relationships create the most value and which may be reducing margins. The course provides a practical framework for using activity-based costing to support stronger cost awareness and higher-margin service delivery.

For more Business Finance-related courses, Click Here.

On Demand Credits for All Qualifications

License details Credits Status
Finance for Certified Public Accountants (CPA-US) 1.5 CPE Approved
Finance for Chartered Professional Accountant in Canada 1.5 CPD Eligible
Corporate Finance for Certified Management Accountants (CMA) 1.5 CE Eligible
Finance for Chartered Global Management Accountants (CGMA) 1.5 CE Eligible
Finance for Delaware Licensed Public Accountant (DE-LPA) 1.5 CPE Approved
Financial Planning and Analysis for Certified Treasury Professional (CTP) 1.5 CPE Eligible
Association of Chartered Certified Accountants (ACCA) 1.5 CPE Eligible
Chartered Accountant - ICAEW 1.5 CPE Eligible
General finance principles and financial concepts for Certified FP&A Professional (FP&A) 1.5 CPE Eligible
Finance for Iowa Licensed Public Accountant (IA-LPA) 1.5 CPE Approved
Finance for Maine Licensed Public Accountant (ME-LPA) 1.5 CPE Approved
Chartered Accountants - Scotland 1.5 CPD Eligible
Chartered Accountants - Ireland (CAI) 1.5 CPD Eligible

Additional Information

Credits

1.5

Course Level

Intermediate

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. (MY-CPE LLC 1600 Highway 6 South, Suite 250, Sugar Land, TX 77478, Email: support@my-cpe.com, Phone: 646-688-2884)

Take your valuation expertise to the next level with MYCPE ONE’s CTP CE Courses, designed specifically for Certified Treasury Professionals. Our courses go beyond meeting your CPE requirements—they’re crafted to deepen your skills and expand your understanding. With a wide range of engaging topics, we ensure you stay ahead in the ever-evolving world of valuation. Strengthen your knowledge and stay competitive with MYCPE ONE by your side!

About Instructor

Thomas Coghlan

Thomas Coghlan CMA, IMA

Founder & CEO, CPE University, LLC

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He has worked at the intersection of entrepreneurship, business leadership, technology, and education for over 25 years, resulting in a wide range of skills and experiences...

Entrepreneur:

  • Founder and CEO of two successful businesses: Appitur® Co. (EdTech) and CPE University (training for accountants).
  • Advisor and investor for startups in food services, online retail, and technology.

Business Leadership:

  • Progressively responsible roles for multi-national firms in the manufacturing and software industries (Controller -> CFO and IT Director -> VP of Client Services).

Technology:

  • Business Fellow for the Analytics Center of Excellence at Villanova University School of Business.
  • Sold and delivered over $4 million of successful consulting projects.

Education:

  • Developed and delivered over 1,300 hours of live Continuing Professional Education (CPE) for financial professionals.
  • Created and taught undergrad and MBA courses in accounting and analytics for a top US university.


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What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses accepted by NASBA and other professional organizations?

MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

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Activity-Based Costing in the Service Era

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