Financial Management, Managerial Accounting

Activity-Based Cost Management Making It Work

Name: Activity-Based Cost Management Making It Work
Author: Gary Cokins
ISBN: 9780786307401

by Gary Cokins

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Overview

ABC: Your Blueprint for Success. "Cokins' ability illustrate the effectiveness of ABC to those unfamiliar with financial applications and terminology is a major strength of his book. It should be required reading for companies that need to strengthen their commitment to ABC/ABM."--Dan E. Cowan, Manager, Finance Training and Education, Chrysler Corporation. Activity-based costing is today's superior method for both identifying improvement opportunities and measuring benefits of performance initiatives. Read Gary Cokins' book Activity-Based Cost Management: Making It Work for every answer you need on executing and sustaining an effective ABC management system, explanations on why you should use ABC and explicit, clear-cut descriptions of steps you must take to implement ABC into your company.

About the Author, Gary Cokins

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide

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Explains the principles of a technique for costing products and services, and walks accounting managers through the rather difficult process of implementing it. Activity-based costing does not replace traditional general ledger accounting but lies between the cost accumulators or the expenditure account balances in the general ledger and the end users who apply cost data in decision making, translating data into practical information. Annotation c. Book News, Inc., Portland, OR (booknews.com)