Activity Based Costing offers a practical approach to implementing the ABC techniques. The goal of ABC is to identify the factors that drive expenditure and thus manage these costs more effectively. This book shows how to address the key issues that may arise in such developments, identify the activities which consume costs, develop strategic planning and management of resources, undertake cost reduction exercises and develop ABC operationally to include budgeting and performance management.
Julie Mabberley is a management consultant with the PricewaterhouseCoopers Global Financial Services Practice and specializes in the development and use of management information in the financial sector. Since 1986 she has worked with banks and insurance companies in Australia, Canada, South America, USA, Middle East and Europe and is a world authority in profitability/performance measurement in financial institutions. She is also a regular lecturer on cost management and profit improvement.
She has written another book, Managing the Future in Financial Institutions, which discusses the profound changes affecting the financial services industry, the need for better management information to support the decision making necessary within this environment, and presents tools to assist in the development of the information.
Prior to joining PricewaterhouseCoopers, Julie worked as an accountant for Midland Bank, an accountant, systems analyst and O&M analyst for Bank of America and an O&M analyst at Nestle.