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activity based cost management

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Best Practices For Increasing Your Profits In A Down Economy
This webcast talks on "Best Practices for Increasing Your Profits in a Down Economy". It tries to cover the issues like identifying the hidden profit opportunities with event-driven costing, implementing on profit initiatives, turning data into profits etc. The example of Owens and Minor Distributors are taken to identify the...
Tags: ABC Inc., Webcast, Penton Media Inc., Best Practice, Activity Based Cost Management, Roi/Tco, Balanced Scorecard, Finance, Managerial Accounting, Marketing, Marketing Research
Webcasts 2003-05-20

Additional Resources

Activity-Based Cost Management Systems
Activity based cost management systems rely on activities to calculate costs. An ABC system traces cost incurred to the activities involved therein. The prime focus of the traditional cost system is on the outputs. In ABC system, the prime focus is on the processing of resources i.e. on the intermediary...
Tags: Cost Management, Activity, Managerial Accounting, Finance
Presentations 2003-01-01
Activity-Based Cost Systems For Management
Activity Based Costing ABC system traces cost incurred to the activities involved therein. It explores the relationship between activities and costs. ABC refines costing systems by focusing on individual activities as the fundamental cost object. It assigns costs to cost objects based on the activities undertaken to produce each product...
Tags: Activity, Activity Based Costing, Managerial Accounting, Finance
Presentations 2003-01-01
Implementing Activity-Based Cost Accounting, Customer Profitability, and Product-Line Analysis In a Distribution Business
This article talks about Transactions Analysis, Cost Driver Analysis, Activity-Based Cost Accounting, Customer Profitability Analysis, Product-Line Profitability Analysis, and Business Process Analysis, which are all "tools" for strategic profitability and cost management. This article mainly emphasizes on the prior work on strategic profitability and cost management, and also how the...
Tags: Business Process, Accounting, Cost Management, Profitability, Value Associates, Operational Planning, Managerial Accounting, Business Operations, Finance
White papers 2003-01-01
The ABCs of Activity-Based Cost Accounting for a Distribution Business
Article discusses about Activity-Based Costing, which is a "new" strategic cost and profitability management tool that can provide distributor warriors with information on "existing" products, customers, and operations. Traditionally, distributors have either sold their way to profitability via growth strategies or saved their way to profitability (via lean and mean...
Tags: Accounting, ABC Inc., Activity Based Costing, Value Associates, Managerial Accounting, Finance
White papers 2003-01-01
The ABCs Of Activity Based Cost Accounting For A Distribution Business
Activity-Based Costing is a ‘new' strategic cost and profitability management tool that can provide distributor warriors with information on existing products, customers, and operations. Traditionally, distributors have either sold their way to profitability via growth strategies or saved their way to profitability via lean and mean strategies. Activity-Based Costing ABC...
Tags: Accounting, ABC Inc., Activity Based Costing, Acorn Systems, Managerial Accounting, Finance
White papers 2003-01-01
Activity Based Costing: A Concept Whose Time Has Come
Activity Based Costing ABC addresses internal operating concerns and is an augmentation to the traditional General Ledger based cost management system. It is not a replacement for traditional accounting, but makes use of the source documents provided from standard job costing systems. Instead of being heavily labor based, ABC looks...
Tags: Cost Management, Activity Based Costing, Dekker, Managerial Accounting, Finance
White papers 2003-01-01
Activity Based Costing Best Practices
Applications of activity-based costing ABC have significantly increased in logistics due to its ability to provide greater insight into the costs of performing specific logistics services and their impact on supply chain performance and costs. The applications of activity-based costing differ in their focus and in complexity. The relatively recent...
Tags: Logistics, Activity Based Costing, Supply Chain, Managerial Accounting, Financial Management, Business Operations, Finance, Financial Planning
White papers 2003-01-01
Are All of Your Customers Profitable To You? Enabling Better Management Decisions
This white paper explores the value of activity-based cost management (ABC/M) in determining customer profitability. It describes the insights gained from validly measuring customer profitability and how organizations apply performance management systems to manage changing strategies for increasing profit, reducing cost and improving performance throughout the enterprise. The paper reveals...
Tags: Performance, Performance Management, Business Intelligence, Managerial Accounting, Human Resources, Workforce Management, Enterprise Software, Software, Data Management, Finance
White papers 2003-01-09
World Bank Taps SAS Performance Management Guru for New Book
Gary Cokins Discusses Activity-Based Cost Management in Recent Publication
Tags: performance management, SAS Institute, World Bank
Research articles 2007-08-15
Activity-Based Costing
This presentation provides detail information on one of the most important strategic management tool known as Activity-Based Management. It enumerates one of its basic elements known as activity-based costing. Activity Based Costing is a modeling technique where costs are expressed in terms of Resources, Activities, and Products. It states that...
Tags: ABC Inc., Activity Based Costing, Business Managers, Managerial Accounting, Finance
Presentations 2003-01-01
Introduction To: Activity Based Management, Activity Based Costing, Activity Based Budgeting Information
This paper gives an insight into the three main strategic management tools known as: 1. Activity Based Management, 2. Activity Based Costing, and 3. Activity Based Budgeting information. All of these three play important role in developing a successful strategy. Activity based management focuses on managing activities/business processes to achieve...
Tags: Activity Based Budgeting, Financial, Activity-based Management, Activity Based Costing, Business Structures, Managerial Accounting, Pricing, Finance, Marketing
White papers 2003-01-01
Understanding Activity Based Costing
Activity based costing ABC is an accounting technique that aims to clarify exactly how and where a company makes its profit.ABC assigns costs to all the resources needed to carry out a particular business activity. It also accounts for indirect ("soft") operating costs. The result is a fuller financial picture...
Tags: manufacturing, pricing strategy, strategy, tool, Managerial accounting, financial, BNET Editorial, agreement, activity-based management, Activity Based Costing, accrual, accounting
Articles 2007-07-16
Cost Management In An Automated Business Environment (ABC, ABM, And TQM)
Activity Based Costing ABC method computes the overall product cost taking into account the cost involved in the intermediate activities leading to delivery of the final product. In this way, ABC improves cost measurement. Activity Based Management ABM is a management technique wherein the emphasis is on ABC and cost...
Tags: ABC Inc., Environment, Cost Management, Activity-based Management, Activity Based Costing, Total Quality Management, Activity Based Costing Method, Managerial Accounting, Quality, Tqm/Six Sigma/ISO 9000, Finance, Business Operations, It Operations
Presentations 2003-01-01
Activity-Based Costing And Activity-Based Management
Activity Based Costing ABC system traces cost incurred to the activities involved therein. It explores the relationship between activities and costs. ABC refines costing systems by focusing on individual activities as the fundamental cost object. It assigns costs to cost objects based on the activities undertaken to produce each product...
Tags: Activity-based Management, Activity, Activity Based Costing, Managerial Accounting, Pricing, Finance, Marketing
Presentations 2003-01-01
Multi-dimensional databases are good for ABC. (activity-based costing) (includes related articles)
Many companies seeking to undertake activity-based management and activity-based costing are often hindered by their existing management software systems that are unable to build complex cost models. However, traditional multi-dimensional databases are abMany companies seeking to undertake activity-based management and activity-based costing are often hindered by their existing management software...
Tags: ABC Inc., Activity Based Costing, database
Research articles 1995-09-01
Activity-Based Costing
Activity Based Costing ABC refines costing systems by focusing on individual activities as the fundamental cost object. It assigns costs to cost objects based on the activities undertaken to produce each product or service. Such a costing method improves cost measurement by organizing information around activities. According to the paper,...
Tags: Activity-based Management, Activity, Activity Based Costing, Managerial Accounting, Pricing, Finance, Marketing
Presentations 2003-01-01
Activity-Based Costing and the Enterprise Cost Management Solution
Although many manufacturing and service companies have achieved numerous successes with initiatives in activity-based costing in recent years, many of these efforts are unsustained or have not achieved their objectives over the long term. Among the reasons for this has been the dependence on point-based technology solutions which have proven...
Tags: Cost Management, Activity Based Costing, Better Management.com, Managerial Accounting, Finance
White papers
Activity-Based Pricing in a Monopoly
This paper studies the interaction between cost accounting systems and pricing decisions in a setting where a monopolist sells a base product and related support services to customers whose preference for support services is known only to them. The paper considers two pricing mechanisms–Activity-Based Pricing ABP and traditional pricing, and...
Tags: Support Services, Harvard Knowledgebase, Activity Based Costing, Pricing Strategy, Pricing, Managerial Accounting, Marketing Research, It Services, Marketing, Finance
White papers 2002-02-02
An Overview Of Cost Management (CM)/Activity Based Costing (ABC) For PEO Business Managers
Activity Based Costing ABC is a methodology, which makes the costing very process and activity centric. In ABC, resources are assigned to activities which, in turn, are assigned to cost objectives based on their use. Activity Based Management ABM approach seeks to achieve customer value through continuos management of activities....
Tags: ABC Inc., Cost Management, Activity-based Management, Activity Based Costing, Managerial Accounting, Pricing, Finance, Marketing
Presentations 2002-11-05
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