Will your ABC system have what it takes? While the activity-based costing concept is rather simple and straightforward, implementing a system that ... article from: Management Accounting Quarterly
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This digital document is an article from Management Accounting Quarterly, published by Institute of Management Accountants on March 22, 2007. The length of the article is 2365 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.
From the author: Although activity-based costing (ABC) can offer numerous benefits over a traditional costing system, effective implementation of an ABC system is not an easy task. Whereas the concept of ABC is rather simple and straightforward, implementing a system that actually works and delivers on the expected benefits is not as straightforward. Before taking the plunge, consider whether your approach needs rethinking.
Citation Details Title: Will your ABC system have what it takes? While the activity-based costing concept is rather simple and straightforward, implementing a system that actually works and delivers the exected benefits is not. Author: Dewayne L. Searcy Publication:Management Accounting Quarterly (Magazine/Journal) Date: March 22, 2007 Publisher: Institute of Management Accountants Volume: 8 Issue: 3 Page: 23