Beyond Guesswork: Understanding and Applying Activity-Based Costing (ABC) – 3 December 2025

Still relying on outdated costing methods that don’t tell the full story? This session unpacks Activity-Based Costing — the smarter way to understand where money is really made (or lost). Learn how to allocate overheads accurately, improve pricing decisions, and turn your data into insight.

Date:

3 December, 2025

Time:

12:00

Hours:

2 hours

CPD Units:

Category:

Management Accounting

Group:

Channel 2: Growth

Format:

Live Event

Beyond Guesswork: Understanding and Applying Activity-Based Costing (ABC) - 3 December 2025

R345,00 VAT incl.

Product Information

Many businesses still use costing systems that distort reality — hiding inefficiencies and mispricing products. This two-hour session, presented by Michelle de Lange, shows you how to fix that with Activity-Based Costing (ABC). You’ll learn how to identify activities that drive costs, assign them correctly, and use this insight to improve pricing, performance, and profitability. The session combines practical examples with clear explanations, making it easy to apply even in smaller organisations. Whether you’re in manufacturing, services, or consulting, you’ll leave with a solid understanding of how to build and use an ABC model that delivers real business insight — not just better numbers.

Presenter/s

What will set you apart

What Will Set You Apart (What Delegates Will Learn)

Understand the principles and purpose of Activity-Based Costing (ABC)
Identify cost drivers and allocate overheads more precisely
Compare ABC with traditional costing methods and know when to use each
Build practical ABC models to support pricing and profitability analysis
Use ABC data to make better management and strategic decisions
Apply ABC principles in small and medium-sized businesses using real examples

Event breakdown

Part 1 – Introduction to Activity-Based Costing

Why traditional costing often fails
The evolution of Activity-Based Costing (ABC)
Key concepts: activities, cost drivers, and cost pools

Part 2 – Designing an ABC System

Steps in implementing ABC in your organisation
Identifying activities and linking them to cost drivers
Building the ABC model — data collection and allocation techniques

Part 3 – Application and Analysis

Comparing ABC to traditional costing systems
Using ABC information for product pricing and profitability decisions
Analysing customer and service line profitability

Part 4 – Implementation Challenges

Common pitfalls and how to overcome them
Integrating ABC data with financial and management systems
Case study: applying ABC in a real business scenario

Part 5 – Wrap-Up

Reviewing templates and tools for ABC setup
Discussion: using ABC for decision-making and continuous improvement
Q&A with Michelle de Lange

Certificate

The following event is awarded 3 CPD units in Management Accounting.