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Activity-Based Costing

Activity-Based Costing PDF Author: Douglas T. Hicks
Publisher: Wiley
ISBN: 9780471237549
Category : Business & Economics
Languages : en
Pages : 382

Book Description
* A practical, cost-effective guide to ABC for small to medium companies. * Identifies the key cost related issues in organizations and shows how to develop a cost-flow structure that reflects the organization's cost behavior. * Feature an ongoing case study throughout the book documents the model-building process. * Provides a spreadsheet model blueprint that details data flows. * Shows how a cost model of an organization can be developed using basic spreadsheet software on a PC.

Activity-Based Costing

Activity-Based Costing PDF Author: Douglas T. Hicks
Publisher: Wiley
ISBN: 9780471237549
Category : Business & Economics
Languages : en
Pages : 382

Book Description
* A practical, cost-effective guide to ABC for small to medium companies. * Identifies the key cost related issues in organizations and shows how to develop a cost-flow structure that reflects the organization's cost behavior. * Feature an ongoing case study throughout the book documents the model-building process. * Provides a spreadsheet model blueprint that details data flows. * Shows how a cost model of an organization can be developed using basic spreadsheet software on a PC.

A Practical Guide to Activity-based Costing

A Practical Guide to Activity-based Costing PDF Author: John Innes
Publisher:
ISBN: 9780749426200
Category : Activity-based costing
Languages : en
Pages : 159

Book Description


A PRACTICAL GUIDE TO PRODUCT/SERVICE COSTING & PRICING IN THE BUSINESS WORLD

A PRACTICAL GUIDE TO PRODUCT/SERVICE COSTING & PRICING IN THE BUSINESS WORLD PDF Author: DICKSON AKAM NTUH
Publisher: Dickson Akam Ntuh
ISBN:
Category : Business & Economics
Languages : en
Pages : 49

Book Description
In the dynamic world of business, where profitability is the ultimate pursuit, the realms of costing and pricing reign supreme. Like a master symphony conductor, every entrepreneur and manager must skillfully orchestrate the delicate balance between cost and prices to create a harmonious melody of success. Welcome to a journey that explores the intricacies, methodologies, and strategies behind costing and pricing a voyage that will empower you to navigate the jumble of financial decisions with finesse. Within the pages of this book, we delve deep into the captivating world of costing, where we uncover a treasure trove of methods that unravel the enigma of expenses. From traditional methods like absorption costing and job costing to innovative approaches like activity-based costing and target costing, we dissect each technique, unveiling their unique merits and demystifying their complexities. As we unravel the intricate web of cost, you will gain the tools to dissect your organization's expenses, assess their impact, and make informed decisions that elevate your business to new heights. However, cost control alone is not enough to navigate the turbulent seas of modern commerce. It is within the symphony of pricing strategies that the true potential for profitability lies. With meticulous attention, we explore the multifaceted landscape of pricing, where art and science converge to shape the market dynamics. From cost-plus pricing and value-based pricing to skimming and penetration pricing, each strategy is dissected, evaluated, and synthesized to equip you with a formidable arsenal of pricing techniques. By understanding the psychology of pricing, market segmentation, and the impact of competitive forces, you will be empowered to set optimal prices that captivate customers, maximize revenues, and ensure long-term sustainability. Yet, the journey does not stop there. Recognizing the inseparable bond between cost and prices, we explore the nexus between the two a realm where profitability and competitiveness intersect. We embark on a quest for cost reduction, uncovering innovative approaches and strategies that can bolster your bottom line without compromising quality. We unearth the power of lean management, process optimization, strategic sourcing, and supply chain efficiencies, allowing you to shape a leaner and more resilient business ecosystem. Moreover, we delve into the realm of iv price optimization, where strategic discounting, pricing psychology, and revenue management techniques converge to unlock new avenues of growth and profit. Throughout this voyage, we embrace the nuances of various industries, from manufacturing to services, retail to technology, and beyond. Drawing from real-world case studies, industry best practices, and expert insights, we distill the essence of costing and pricing to offer practical guidance that transcends organizational boundaries. Regardless of your sector, whether you are a budding entrepreneur, seasoned manager, or aspiring financial expert, this book aims to equip you with the knowledge and skills to make informed decisions, outmaneuver your competitors, and unleash the true potential of your enterprise. As we embark on this transformative journey through the enchanting landscape of costing and pricing, prepare to unlock a new realm of financial daring. Together, let us cross the intricacies of costing methods, cost reduction strategies, and the art of pricing to plan a symphony of profitability that resonates far beyond the realms of commerce. Welcome to the realm where cost and prices converge a world of strategic decision-making, untapped opportunities, and boundless potential.

Handbook of Cost and Management Accounting

Handbook of Cost and Management Accounting PDF Author: Zahirul Hoque
Publisher: Spiramus Press Ltd
ISBN: 1904905013
Category : Business & Economics
Languages : en
Pages : 381

Book Description
This handbook is intended primarily for practitioners such as accountants, auditors, financial analysts, business managers, and chief executives. The primary focus of this book is on techniques and concepts of cost and management accounting for strategic business decisions. In order to survive in the changing business environment, organizations should rethink their strategic philosophy and the role of management accounting. Management accounting systems exist to help managers make economic decisions. In preparing and assessing their strategic plans, organizations need information on many areas of their business environment. Management accounting is also in a process of change. While some businesses continue to use conventional methods of costing, performance measurement and cost analysis, increasing numbers are adopting activity based cost allocation system, strategic oriented investment decisions models, and multiple performance measures such as the Balanced Scorecard. This handbook focuses on both conventional and contemporary issues in cost and management accounting. It presents an intriguing combination of 20 chapters, separated for presentation purpose into seven themes, dealing respectively with: organizational planning and controls; costing for business decisions; pricing decisions; capital budgeting decisions; performance measurement and benchmarking; contemporary management accounting tools; and management accounting for the public sector. All chapters in this handbook provide both retrospective and modern views and commentaries by knowledgeable scholars in the field, who are able to offer unique insights on the changing role of cost and management accounting in today's businesses.

A Practical Guide to Understanding, Managing, and Reviewing Environmental Risk Assessment Reports

A Practical Guide to Understanding, Managing, and Reviewing Environmental Risk Assessment Reports PDF Author: Sally L. Benjamin
Publisher: CRC Press
ISBN: 1000687554
Category : Law
Languages : en
Pages : 475

Book Description
A Practical Guide to Understanding, Managing and Reviewing Environmental Risk Assessment Reports provides team leaders and team members with a strategy for developing the elements of risk assessment into a readable and beneficial report. The authors believe that successful management of the risk assessment team is a key factor is quality repor

Management Accounting: Principles & Practice, 3rd Edition

Management Accounting: Principles & Practice, 3rd Edition PDF Author: Sahaf M.A.
Publisher: Vikas Publishing House
ISBN: 9325969246
Category : Business & Economics
Languages : en
Pages : 829

Book Description
This book is meant for students of accounting, management and business studies. It not only describes the principles, procedures and techniques of management accounting, but also explains and analyses the core concepts that have driven the development of the subject for decades. The book is a perfect blend of conceptual and practical approaches to accounting. NEW IN THIS EDITION • Completely revised and updated • New chapters on strategic management accounting, product costing, and service costing • Coverage of total quality management (TQM), just-in-time (JIT), life cycle costing, and Kaizen costing • Worked out solutions to problems and latest professional examination questions

Accounting in Emerging Economies

Accounting in Emerging Economies PDF Author: Mathew Tsamenyi
Publisher: Emerald Group Publishing
ISBN: 1849506264
Category : Business & Economics
Languages : en
Pages : 397

Book Description
Accounting research in emerging economies has grown over the years. This title includes articles that contribute to our understanding of how accounting functions in emerging economies.

Cost Estimator's Reference Manual

Cost Estimator's Reference Manual PDF Author: Rodney D. Stewart
Publisher: John Wiley & Sons
ISBN: 9780471305101
Category : Business & Economics
Languages : en
Pages : 744

Book Description
In today's hypercompetitive global marketplace, accurate costestimating is crucial to bottom-line results. Nowhere is this moreevident than in the design and development of new products andservices. Among managing engineers responsible for developingrealistic cost estimates for new product designs, the number-onesource of information and guidance has been the Cost Estimator'sReference Manual. Comprehensive, authoritative, and practical, the Manual instructsreaders in the full range of cost estimating techniques andprocedures currently used in the fields of development, testing,manufacturing, production, construction, software, generalservices, government contracting, engineering services, scientificprojects, and proposal preparation. The authors clearly explain howto go about gathering the data essential to preparing a realisticestimate of costs and guide the reader step by step through eachprocedure. This new Second Edition incorporates a decade of progress in themethods, procedures, and strategies of cost estimating. All thematerial has been updated and five new chapters have been added toreflect the most recent information on such increasingly importanttopics as activity-based costing, software estimating,design-to-cost techniques, and cost implications of new concurrentengineering and systems engineering approaches to projects. Indispensable to virtually anyone whose work requires accurate costestimates, the Cost Estimator's Reference Manual will be especiallyvaluable to engineers, estimators, accountants, and contractors ofproducts, projects, processes, and services to both government andindustry. The essential ready-reference for the techniques, methods, andprocedures of cost estimating COST ESTIMATOR'S REFERENCE MANUAL Second Edition Indispensable for anyone who depends on accurate cost estimates forengineering projects, the Cost Estimator's Reference Manual guidesthe user through both the basic and more sophisticated aspects ofthe estimating process. Authoritative and comprehensive, the Manualseamlessly integrates the many functions--accounting, financial,statistical, and management--of modern cost estimating practice.Its broad coverage includes estimating procedures applied to suchareas as: * Production * Software * Development * General services * Testing * Government contracting * Manufacturing * Engineering * Proposal preparation * Scientific projects * Construction This updated and expanded Second Edition incorporates all the mostimportant recent developments in cost estimating, such asactivity-based costing, software estimating, design-to-costtechniques, computer-aided estimating tools, concurrentengineering, and life cycle costing. For engineers, estimators, accountants, planners, and others whoare involved in the cost aspects of projects, the Cost Estimator'sReference Manual is an invaluable information source that will payfor itself many times over.

The Practical Guide to Business Process Reengineering Using IDEFO

The Practical Guide to Business Process Reengineering Using IDEFO PDF Author: Clarence Feldmann
Publisher: Addison-Wesley
ISBN: 0133488519
Category : Computers
Languages : en
Pages : 309

Book Description
This is the digital version of the printed book (Copyright © 1998). This book answers the call for a concise, comprehensive introduction to IDEF0 and its application in business process reengineering (BPR) efforts. Here is all the essential information about the IDEF0 method, the function analysis portion of the Integration Definition (IDEF) Methods—its definition, basic rules of usage (including the standard language syntax and semantics as contained in the Federal Standard), and lessons learned from many years of application in the real world. The book features examples based on actual models of commercial clients and government agencies. By studying IDEF0 models, readers learn how the method might be applied to the various aspects of enterprise analysis or systems analysis and what goals and benefits are reasonable to expect from its application. IDEF0 is at the heart of the DoD's version of BPR. In the private sector, industrial organizations that may have initially discovered IDEF through one or more government contracts have adopted it as a method for use with their own corporate BPR efforts. Use this book to apply the techniques of this increasingly popular member of the IDEF family of methods! Three Major Elements of the Method: 1. The concepts are at the foundation of IDEF0, and they preserve the logical sense and intention of the model. These concepts answer why one approach is used over another in the application of IDEF0, and they provide the experienced analyst with the rationale for when it may be necessary to bend the rules. 2. The language of IDEF0 is the analyst's means of describing the activities of an enterprise to other analysts, readers, enterprise management and staff, and others. The language is written in graphical box-and-arrow notation on diagram forms that are structured to form IDEF0 models. 3. The pragmatics of IDEF0 provide the engineering procedures and the do's and don'ts for the use of IDEF0. In many cases, the pragmatics are so closely tied to the concepts and language that they are inseparable, and analysts who have attempted to use IDEF0 without employing the pragmatics have typically been unsuccessful. The most common misuses of IDEF0 are illustrated to show the kinds of problems that can occur if the pragmatics are not followed.

Cost & Effect

Cost & Effect PDF Author: Robert S. Kaplan
Publisher: Harvard Business Press
ISBN: 9780875847887
Category : Business & Economics
Languages : en
Pages : 380

Book Description
Cost and Effect is written for the general manager, and explains activity-based costing systems. It focuses on creating integrated, knowledge-based systems that provide managers with meaningful information, not just data.