The role of cost allocation strategies: driving long-term value in the finance transformation journey

Find out more about the challenges and considerations for finance leaders to adopt cost allocation methodologies within their organization.

Since the start of the COVID-19 crisis, your finance team may have already evolved as a result of acceleration of your finance transformation vision. We see many business leaders have shifted their focus towards a greater emphasis on channel and customer profitability analysis and drive long-term value by applying industry leading practice cost allocation methodology. In ensuring that businesses remain agile, flexible and dynamic in the areas of strategy and operational planning, traditional cost allocation approaches need to be challenged and transformed to support business growth and ultimately drive operational excellence.

In this CFO breakfast roundtable, we will discuss the philosophies, principles, practices of cost allocation methodology and how technology can play a part. Speakers from the EY Financial Accounting Advisory Services (FAAS) team and CCH Tagetik will be exploring the challenges, considerations and best practices for finance leaders to adopt these cost allocation methodologies within their organization to create long-term value.

Highlights

• EY megatrends 2020

Key insights on future trends and their impact on costs and financial management of resources

• Roundtable discussion:

Topic #1: Cost allocation philosophies and principles

Topic #2: Costing practices and methods

• Creating more insights for the business

CCH Tagetik case studies for cost allocation function

• Key market trends and challenges of cost allocation methodologies

Considerations and challenges on the transformation journey

Speakers

• Ronald Wong, Financial Accounting Advisory Services Leader and Partner, Ernst & Young LLP
• Karl Mouantri, Managing Director, Asia-Pacific, Wolters Kluwer | CCH Tagetik

This event is now over. Please contact the organizer to receive invites for future events.