Activity-based Costing and Management - Hardcover

Glad, Ernest; Becker, Hugh

Hardcover

ISBN 10: 0702127922 ISBN 13: 9780702127922

Publisher: Juta Academic, 1994

Synopsis

Accounting systems are undergoing fundamental changes in corporate managements' attempts to adjust to the rapidly changing technological and business environments. This is primarily reflected in the form of modern management accounting systems, such as activity-based costing and management systems. This book provides an overview of activity-based costing (ABC) concepts and principles. All relevant aspects of ABC are explained as well as the relationship with other systems such as quality management, productivity management and capacity management, which form the nucleus of an activity-based maangement (ABM) system. Particular emphasis is also placed on process analysis and the important role that this can play in reconstructing the activities of a business enterprise. The concept of the value chain is applied to an accounting model - illustrating how all the relevant aspects could be used to develop a comprehensive performance measurment model. Various hints and considerations are given for the practical implementation of an ABM system. The current move in accounting systems to reflect on outputs and not only imputs, on customers and markets and not only on production and products, is also clearly illustrated.

About this title

From the Back Cover

This book takes activity–based costing and management beyond its purely technical aspects, and introduces a holistic approach to fundamental issues such as management of cost, time, quality, funds and other constraints. Activity–based costing and management is not just a new way of computing business figures, but requires a fundamental understanding of all management issues. By adopting a customer–oriented approach to the development of management and accounting systems the authors expose the shortcomings of traditional accounting systems. This practical book is much more than a collection of new cost measurement techniques, it emphasises the philosophies the modern accountant must adopt to help the organisation add value to its shares.

Edition details

• Publisher: Juta Academic
• Publication date: 1994
• Language: English
• ISBN 10: 0702127922
• ISBN 13: 9780702127922
• Binding: Hardcover
• Number of pages: 239