Activity Value Management - A Unique Cost Accounting Approach for Performance Management

Date: Thursday, May 28, 2009
Time: 01:00 PM ET / 12:00 PM CT / 11:00 AM MT / 10:00 AM PT [Prevailing Time]
Presenter(s): Brian Higgins, President - Management Resource Technologies, Ltd.
Objective(s):
Participants can expect to learn the new roles and responsibilites of Finance/Accounting practitioners that can contribute to their professional growth by leading the organization through this transition during struggling economic conditions.

The presentation will include a case study of how a nationally renown corporation used AVM (Activity Value Management) to generate improvements equivalent to over 8% of revenues. Also included in the discussion will be 13 tips that can be applied to improve organizational performance.
Field of Study: Business Management and Organization
Program Level: Intermediate
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based

No advanced preparation or prerequisites are required for this course.
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Course Description

Given today's challenging economic conditions, organizations are seeking ways to improve financial and operational performance.

This MAPCast will showcase an advanced cost-accounting approach aimed at improving overall organizational performance. Historically, this process has generated improvements in the range of 8% to 15% or revenues equivalent to more than $8 million per 1,000 employees - accomplished while improving customer loyalty and employee satisfaction.

Areas covered will include ways to:

• Clarify the roles, responsibilities and opportunities that Finance/Accounting Groups can contribute to organizational transformation designed to improve operating performance
• Indentify cost organizational processes and activities
• Pinpoint under-performing products/services then develop creative solutions to improve bottom-line performance
• Win management support for performance improvement initiatives
• Uncover new opportunities for both growth and profit improvement
• Eliminate unnecessary and avoidable costs by understanding the non-value added and non-mission related work
• Increase profit by identifying new sources of revenue while protecting existing revenue streams
• Discover "hidden" opportunities to enhance financial and operational performance

Presenter and Moderator Bios
Bill Higgins, President of Management Resource Technologies, Ltd. has over 25 years of progressive experience in the field of performance improvement, quality management and diagnostic cost accounting. He developed Activity Value Management (AVM) - an advanced cost management process designed to provde substantial value over all contemporary cost management processes.

Mr. Higgins is a nationally-recognized leader in the development of advanced activity-based cost managment (ABC/M) systems and was honored by receiving a "Best Practice" awarded from the American Quality and Productivity Center.

He has authored numerous articles and publications and has been the subject of several independent articles outlining his unique approach to cost management. He is also a frequent speaker at national conferences and universities on the subject of advance cost management and quality improvement.

Cost
$25.00 for CPAFMA Members / $40.00 for Non-Members / Free for PAFMs

Delivery System

• All programs are delivered using the Zoom platform.
• Confirmations will include log-in instructions.
• Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
• All registrants will receive a link to the MAPCast’s recording by email within 48 business hours of event’s conclusion.
• There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.

Registration

All registration is done on-line with the names and email addresses of each individual guest. Log-in details will be emailed to all registrants approximately 1-2 days prior to each session.

Refund Policy

CPAFMA will not issue refunds for MAPCasts. If a registrant is unable to participate in the MAPCast and sends written notice to info@cpafma.org 48 hours prior to the session, a credit will be provided for a future MAPCast. Alert the CPAFMA staff member monitoring the MAPCast if technical difficulties are encountered and technical support will be provided to eliminate problems with future MAPCasts.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to show active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the MAPCast recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits.

For more information regarding CPAFMA MAPCasts or administrative policies such as complaint and refund, contact the CPAFMA Headquarters at 937-222-0030, or info@cpafma.org.