Activity-Based Cost Management

The answer is Activity-Based Cost Management, and this crystal-clear, persuasive, and authoritative book will help you understand and implement ABC/M quickly and easily. Managerial accounting is now transitioning into managerial economics, reveals author Gary Cokins, a worldwide expert on activity-based cost management. With the technology we have at our disposal, ABC/M will provide you not only with a more accurate picture of your company's costs but also with the critical information you need to make better decisions and perform better and more in alignment with your company's defined strategy.

Cokins explains exactly why ABC/M is far superior than traditional costing for your needs in today's business environment, and how it will help you manage costs, increase profits, and make better decisions. Now you can stop allocating resources and begin tracing and assigning them based on the real, measurable cause-and-effect relationships within your organization. Written in language as entertaining as it is accessible, Activity-Based Cost Management: An Executive's Guide gives you the tools you need to construct an efficient ABC/M model and use it to ensure your company's success.

Contents

• Preface.
• 1. Removing the Blindfold with ABC/M.
• 2. A Management Accounting Framework: A Taxonomy.
• 3. Are All Your Trading Partners "Worth It" to You?
• 4. The Internet, E-Commerce, Supply Chain Management, and Digital Economies: Where Does ABC/M Fit In?
• 5. The Holy Grail: Performance Measure Systems. That Produce the Correct Behavior.
• 6. Popular Uses of ABC/M.
• 7. ABC/M Integrates with Other Software Tools.
• 8. Predictive Costing, Predictive Accounting.
• 9. Implementing ABC/M Through Rapid Prototyping.
• 10. Common Misconceptions about ABC/M and Employee Buy-In.
• 11. Stage Five Cost Systems: The Future of ABC/M.
• Appendix.
• Index.