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Activity Accounting: An ActivityBased Costing Approach,New
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New costing procedures for a new economic ageIncreasing global competition is causing upheaval in every area ofindustry and commerce. An explosion in the use of advancedtechnologies is continuing to fundamentally revolutionize the waywe go about doing business. These factors are in turn drivingdramatic reductions in product life cycles (the average productlife cycle is now well under five years) and exerting tremendouspressure on profit margins. The effect has been to substantiallychange cost structures with their traditional focus on direct laborand arbitrary allocation of overhead. Yet we continue to measurecost in the old way.Now, here's a book that shows you how to update your accountingprocedures in order to effectively accommodate these significantchanges. Step by step, Activity Accounting: An ActivityBasedCosting Approach describes activity accounting in a clear, concisemanner. It emphasizes the strengths and benefits of anactivitybased approach to business management and demonstrates howyou can apply activity accounting to your organization.Activitybased accounting is an essential tool for running yourbusiness in the 90s. This book is a musthave tool for learning howto master it.
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