Costing 2e P: Making It Work for Small and Mid-Sized Companies: 12 (Wiley Cost Management Series) - Softcover

T. Hicks, Douglas

Softcover

ISBN 10: 047123754X ISBN 13: 9780471237549

Publisher: John Wiley & Sons, 2002

Synopsis

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.

About this title

Product Description

The hype and benefits of Activity-Based Costing have been difficult and expensive for small and medium-sized businesses to realize. This practical, do-it-yourself guide shows how both manufacturing and service companies can implement ABC without the expense of an outside consultant and without dismantling their current cost information systems.

From the Back Cover

Practical, easy-to-follow ABC guidelines for small and mid-sized businesses

Incorporating activity-based costing (ABC) concepts into your business without relying on the usual complex ABC jargon can be a daunting task-even for the most experienced accountant. In Activity-Based Costing: Making It Work for Small and Mid-Sized Companies, professional accountant Douglas Hicks shows you how to sharpen your competitive edge while bringing you the "total package" of cost information-not just the computational elements. Using an approach developed while solving problems for small and mid-sized companies, Hicks has created a reader-friendly, comprehensive narrative covering every aspect of the ABC industry, including step-by-step instructions for building a cost accumulation and distribution model for any size business. With examples taken from Fortune 1000 companies, readers will find a wealth of information on ABC features, including:
* The logic behind ABC and its cost flow-down steps
* How to get the maximum benefits from ABC for your small or mid-sized business
* Case studies on emerging cost flow-down structures
* The most appropriate ways to change to multiple costing rates and bases
* Using ABC to perform "what if" analyses
* The danger of measuring costs using generally accepted accounting principles
* Applying decision costing and long-term contracts to your business

If your company is looking to dramatically improve its current cost information systems, this book is a must-read. You can have that crucial competitive edge. Activity-Based Costing: Making It Work for Small and Mid-Sized Companies will show you how.

Edition details

• Publisher: John Wiley & Sons
• Publication date: 2002
• ISBN 10: 047123754X
• ISBN 13: 9780471237549
• Binding: Paperback
• Language: English
• Edition number: 2
• Number of pages: 380