Pricing for Profitability: How Finance Can Save The Bottom Line
Total Credits: 2 including 2 Accounting - Technical
- Average Rating:
- 108
- Categories:
- Accounting and Auditing | ACPEN Industry Institute | Industry
- Faculty:
- John L. Daly, MBA, CPA, CMA, CPIM
- Course Levels:
- Intermediate
- Duration:
- 2 Hours
- License:
- Product Setting: Expires 30 day(s) after program date.
Description
Much has been written recently about value pricing with some authors implying that understanding your product's value is the most important and perhaps only requirement for superior profitability. While every company should understand product value, understanding cost, competition, and capacity utilization are far more important for most organizations.
Left unchecked to "value price" products, incentive programs usually motivate sales personnel to set price at the lowest allowable number. Finance can influence profit in a big way by getting involved in pricing. This session will show you how.
Basic Course Information
Learning Objectives- Understand the finance department's role in product pricing
Major Subjects
- Develop strategy
- Understand value from the customer's perspective
- Understand your competitor's value proposition
- Manage capacity
- Understand real cost
Course Materials
| Important CE Recertification Credit Information (487.5 KB) | Available after Purchase | ||
| PFP PPT_Handout (374 KB) | Available after Purchase | ||
Faculty
John L. Daly, MBA, CPA, CMA, CPIM Related Seminars and Products
John L. Daly, MBA, CPA, CMA, CPIM, is a Chelsea, Michigan-based management consultant specializing in costing, pricing strategy and pricing model development. He has taught continuing professional education courses since 1995 and began doing ethics seminars two weeks before the Enron scandal. John has been CFO for a Tier 1 automotive parts supplier and a large restaurant chain and COO for a window treatments manufacturer and retailer. He is the author of "Pricing for Profitability", published by Wiley and Sons and a novel, "Tool & Die".
Dates
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Thu, Dec 14, 2023 - 09:00am to 10:53am EST
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Fri, Dec 22, 2023 - 09:00am to 10:53am EST
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Tue, Dec 26, 2023 - 01:00pm to 02:53pm EST
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Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Course Developer Executive Education, Inc.
Designed For Everyone involved in the pricing process as well as financial professionals who may not yet be involved in pricing.
Yellow Book No
Original Recording Date 1/6/2021
Date Added to Catalog 11/3/2020
Additional Information
Instructional Delivery Method Group Internet BasedComplaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. 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
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
Promo Video
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