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Activity Accounting: An Activity-Based Costing Approach - Softcover

 
9780471196280: Activity Accounting: An Activity-Based Costing Approach

Synopsis

New costing procedures for a new economic age

Increasing global competition is causing upheaval in every area ofindustry and commerce. An explosion in the use of advancedtechnologies is continuing to fundamentally revolutionize the waywe go about doing business. These factors are in turn drivingdramatic reductions in product life cycles (the average productlife cycle is now well under five years) and exerting tremendouspressure on profit margins. The effect has been to substantiallychange cost structures with their traditional focus on direct laborand arbitrary allocation of overhead. Yet we continue to measurecost in the old way.

Now, here's a book that shows you how to update your accountingprocedures in order to effectively accommodate these significantchanges. Step by step, Activity Accounting: An Activity-BasedCosting Approach describes activity accounting in a clear, concisemanner. It emphasizes the strengths and benefits of anactivity-based approach to business management and demonstrates howyou can apply activity accounting to your organization.

Activity-based accounting is an essential tool for running yourbusiness in the 90s. This book is a must-have tool for learning howto master it.

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From the Publisher

A handbook on activity-based costing (ABC)--the most important new development in cost and management accounting in years. It provides manufacturing executives, managers, and engineers as well as strategic planners with a checklist of ABC goals and then demonstrates how they can create and implement a system to achieve those objectives. Additionally, it shows companies how to evaluate new manufacturing technologies and effectively use computer-integrated manufacturing (CIM). Lets professionals use ABC to its full potential as both a formal management accounting system and a corporate strategic planning tool.

About the Author

JAMES A. BRIMSON is the founder of ABM Institute and a recognized leader in cost management.

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  • PublisherWiley
  • Publication date1997
  • ISBN 10 0471196282
  • ISBN 13 9780471196280
  • BindingPaperback
  • LanguageEnglish
  • Edition number1
  • Number of pages224

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