Activity Based Costing

There are two main reasons why managers undertake ABC/M projects; explicitly to save costs – or more generally to provide support for decision making at both the strategic and operational level.
Initiatives to save costs may be variously described as downsizing, right-sizing, business process review, re-engineering, process improvement, shared services or a host of other titles. […]

Introduction to Activity Based Costing
In the modern business world, we are “blessed” with more management information than ever before. But how much of that information is really valuable or even useful? How much of the information that lands on our desks or arrives in our email in-boxes actually helps us to make decisions that will […]