The Institute of Management Accountants has issued a new report on developing an effective managerial costing model that builds on the IMA’s Conceptual Framework for Managerial Costing. The IMA is ...
Analyzing costs can help companies make strategic, financially sound decisions. Activity-based costing and absorption costing are two popular accounting methods that companies employ when evaluating ...
Our industry continues to flog a horse called “costing.” It’s a horse you wouldn’t normally back, but collectively we don’t know a way of getting off it in order to jump onto a younger, more nimble ...
IMA® (Institute of Management Accountants) has released a new Statement on Management Accounting (SMA), “Developing an Effective Managerial Costing Model,” that builds on IMA’s Conceptual Framework ...
Plastics processors are fortunate to have several options for managing and calculating costs. In part one of this series, we discussed the benefits of a production profit contribution model. This ...
The aerospace industry today is a buyer driven market, where reducing product cost and delivery cycle time are critical for aerospace OEMs and their key suppliers to remain competitive. However, these ...
Popat, Keyuri, Kelly Ann Gracia, Alexis B. Guzman, and Thomas W. Feeley. "Using Time-Driven Activity-Based Costing to Model the Costs of Various Process-Improvement Strategies in Acute Pain Management ...