Cost Modeling: A Foundation Purchasing Skill
The process of product design is driven toward achieving design specifications while meeting cost targets....
Rethinking Activity-Based Costing
Activity-based accounting looks great in the classroom, but too often fails in the field....
Time-Driven Activity-Based Costing
In the classroom, activity-based costing looks like a great way to manage a company’s limited resources. ...
A closer look at German cost accounting methods
A survey of the cost management systems used by companies in Germany, Switzerland, and Austria....
German Cost Management or GPK
Good governance comes from strong processes and properly trained professionals inside an organization. (Paul Sharman)...
Difference Between Absorption Costing and Marginal Costing
Inventory valuation is a major component in the calculation of the cost of goods sold and can be used as collateral for loans....
Marginal vs Absorption Costing
Understanding marginal and absorption costing should be relatively straightforward, as it’s covered, in one form or another, at all levels of the AAT qualification....
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