Accounting policy & practice series ; 5306.
"Bloomberg Tax Accounting Portfolio No. 5306, Activity-Based Costing and Management (Accounting Policy and Practice Series), explains activity-based costing (ABC) and shows how it can provide useful information to help management improve organizational performance. Determining the cost of resources used for carrying out activities and assigning that cost to the products and other cost centers falls within the area of cost accounting. ABC is the method preferred by many companies in the modern environment, and one of the purposes of this Portfolio is to help potential users understand this system. Other aspects of activity analysis are used for various managerial purposes, including planning, controlling, and decision making. The best and most beneficial use of activity analysis is to combine the cost and other information provided by ABC with managerial functions; this is then referred to as activity-based management (ABM). This Portfolio explores many such managerial practices."
Bibliography, etc. Note
Includes bibliographical references.
Formatted Contents Note
Detailed analysis. Purpose and Scope of Portfolio Basic Principles of ABC and Transforming the Management Information Process Activity analysis and costing for manufacturing organizations: basic principles Cost of unused capacity Analysis of non-manufacturing activities Service organizations Profitability analysis Performance measurement and quality management Theory of constraints, optimization, and target costing Planning, control, and decision making External reporting Working papers.
Digital File Characteristics
Source of Description
Title from title screen (viewed on Feb. 24, 2011).