Controllers recognize that modern cost management helps their companies make better operational and strategic decisions. By using such tools as ABC, ABM, balanced scorecard, and target costing, controllers can make their corporations leaders in their industry and create a competitive edge over corporations that are still relying on the "old time religion" of variance analysis, budgets, and cost-volume profit analysis.
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(259mm x 182mm x 51mm)
John Wiley & Sons Inc
Publisher: John Wiley and Sons Ltd
Country of Publication:
UK Kirkus Review »
Cost management is an umbrella term for tools, methods and operating philosophies such as activity-based costing, activity-based management, performance measurement, benchmarking and best practices, target costing, continuous improvement and total quality management. It largely supersedes traditional cost and management accounting. This book provides implementation methods to promote and evaluate continuous improvement, and each chapter is written by a well-known cost management expert. It shows how to find new ways to manage product life cycles, how to create better systems to manage performance, and how to obtain more accurate product costs. (Kirkus UK)
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