Marginal Profitability Analysis | CPE Course online

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Course Description
Course Qualification
Presenter
FAQ

Course Description

Overview

Definition of Marginal Costs and Marginal Costs and Marginal Profit

5 mins
Example of three types of costs

13 mins
Asymmetric cost changes

19 mins
Marginal Profit and Activity-Based Costing (ABC)

31 mins
Which product to produce?

43 mins
Pricing increase analysis

52 mins

Course Description

Marginal profitability analysis provides relevant decision information for setting prices, product design, and product profitability. Analysis of whether to open or close locations or divisions can also be done using marginal profitability analysis. This webinar provides key insights with better information provided by marginal profitability analysis. It will cover the following topics:

Key Topics:

What are the marginal cost and marginal profit? How do we define them?
How to calculate marginal profitability?
How to create cost-volume-profit analysis (CVP) and breakdown analysis?
Comparison of marginal profitability with Traditional full Absorption Product Costing, or Activity-based costing
Identifying the pros and cons of marginal profitability, traditional full Absorption costing, and activity-based costing
Recognizing when marginal profitability, traditional full absorption costing, and activity-based costing are appropriate
Practical examples of making decisions with marginal profitability analysis - include examples of determining optimal production amounts and which products to promote.
How to calculate the change in profitability from a price increase and a price decrease. It is explained in-depth with a worksheet template.

The simpler and actionable nature of marginal profitability analysis can support businesses in making informed tactical decisions that will be highly beneficial in the long run. This webinar will be key-value provider for the professionals who are employed or to professionals in practice who need to provide guidance to their clients.

Learning Objectives

To explore the definitions of marginal costs and marginal profitability
To discover how to use a cost-volume-profit analysis and break-even analysis
To identify the pros and cons of using marginal profitability analysis, activity-based costing, and traditional full absorption costing.
To explore the following keys factors to profitability: cannibalization, excess capacity, and step-fixed cost
To recognize the best uses for marginal profitability analysis

Who Should Attend?

Accountant
Accounting Firm
Accounting Managers
Bookkeepers & Accountants & Tax Preparers
CPA (Industry)
CPA - Mid Size Firm
CPA - Small Firm
Finance Director
Finance Pros
Personal Financial Specialist
Personal Financial Specialist (PFS)
Senior Accountant
Staff of Accounting Firm
Young CPA

Course Qualification

Webinar Qualifies For

1 CPE Credit of Cost Management for Certified Management Accountants (CMA)
1 CPE Credit of Finance for Certified Public Accountants (CPA-US)
1 CPD Credit of Finance for Chartered Professional Accountant (CPA Canada)
1 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
1 CE Credit for Certified Wealth Strategist (CWS)
1 General Credit of Finance for Accountant/Bookkeeper/Tax Professionals
1 CPD Credit for CA - ICAEW
1 CPD Credit for Chartered Certified Accountants (ACCA)
1 CPD Credit for Chartered Accountants - Ireland (CAI)
1 CPD Credit for Chartered Accountants - Scotland
1 CPD Credit for CPA - Ireland
1 CPD Credit of Finance for Accredited in Business Valuation (ABV)
1 CPE Credit of Finance for Certified Government Financial Manager (CGFM)
1 CPE Credit of Finance for Certified Valuation Analyst (CVA)
1 PL Credit of Finance for Chartered Financial Analyst (CFA)
1 CPE Credit of Financial Planning for Chartered Financial Consultant (ChFC)
1 CPE Credit of Financial Planning for Financial Services Certified Professional (FSCP)
1 CPE Credit of Financial Planning for Chartered Advisor in Senior Living (CASL)
1 CPE Credit of Financial Planning for Chartered Special Needs Consultant (ChSNC)
1 CPE Credit of Financial Planning for Retirement Income Certified Professional (RICP)
1 CPE Credit of Financial Planning for Wealth Management Certified Professional (WMCP)
1 PL Credit of Finance for Certificate In Investment Performance Measurement (CIPM)
1 CPE Credit of Finance for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
1 CRE Credit of General finance principles and financial concepts for Certified Corporate FP&A Professional (FPAC)

Additional details

Course Level :

Basic
Credits :

1
Instructional Method :

QAS Self Study
Pre-requisites :

None
Advance Preparation :

None

NASBA APPROVED

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

MY-CPE LLC (Sponsor Id#: 143597) 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.

Presenter

About Presenter

Rob Stephens

Founder, CFO Perspective

I provide financial consulting, coaching, and education for small businesses. My company helps small businesses and their owners:

Improve cash flow
Gain clarity on long-term business strategy and shorter-term plans
Cut through the clutter of numbers to identify and measure the key measures of success
Determine the most profitable opportunities
Maximize pricing strategy
Overcome thinking errors that hamper success
Forge a common strategy with a business partner
Gain confidence in a significant financial decision
Optimize business cash flows for personal cash flow needs

About Company

CFO Perspective

cfoperspective.com

CFO Perspective provides financial consulting, coaching, and education for small businesses. My company helps small businesses and their owners:

Improve cash flow
Gain clarity on long-term business strategy and shorter-term plans
Cut through the clutter of numbers to identify and measure the key measures of success
Determine the most profitable opportunities
Maximize pricing strategy
Overcome thinking errors that hamper success
Forge a common strategy with a business partner
Gain confidence in a significant financial decision
Optimize business cash flows for personal cash flow needs

Faq

FAQs content

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