Presentation Date: Sunday August 2, 2009
  Presentation Time: 8:00 am-12:00 pm

CPE Session 32

Teaching Strategic Cost Management

Presented By:

Ed Blocher, University of North Carolina

Gary Cokins, SAS Institute

David E. Stout, Youngstown State University

Description: The workshop is organized as follows:

1. Introduction: strategy, the value chain, defining the target customer and the value proposition for the organization, development of strategy maps, and the balanced scorecard 2. The management accountant’s role in customer profitability analysis and the management of customer lifetime value. 3. Performance Measurement—a Strategic Approach 4. A Strategic Framework for the management and control of quality 5. The effective use in the classroom of IMA, CIMA, AICPA and other sources of materials. 6. Discussion of selected topics: the impact of the recession on teaching cost management, the use of Excel and computer software in teaching cost management, alternative course syllabi for strategic cost management courses, lean accounting, RCA, etc

In addition to the above topics there will be open discussion of our (and your) experience teaching cost management.

Field of Study: Business Management and Organization
Program Level: Basic

Intended Audience: Instructors of cost accounting, management accounting, and cost management, especially those interested in integrating more of a strategic approach into their courses. Also, instructors who have interests in linkages of managerial accounting with marketing and organizational change management will find value in this course.

Format/Structure: The format of the workshop is presentation and discussion, using a PowerPoint presentation and a handout prepared by the instructors.

Learning Objective: After completing the session you will be able to design and implement a teaching plan including: 1. Strategy, the value chain, defining the target customer and the value proposition for the organization, development of strategy maps, and the balanced scorecard 2. The management accountant’s role in customer profitability analysis and the management of customer lifetime value (CLV) 3. Performance Measurement—a Strategic Approach 4. A Strategic Framework for the management and control of quality, including lean accounting 5. The effective use in the classroom of IMA, CIMA, AICPA and other sources of materials, 6. The use of Excel and computer software in teaching cost management. 7. Emerging topis as suggested by the participants; the impact of the recession on cost managmeent, etc.

Prerequisites: none

Advanced Preparation Required: none

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