GDL

Cost Management: Accounting and Control

ISBN-13: 978-0-324-23310-0
Book from gdlhub / 2012-06-27 14:19:01
Oleh : Don R. Hansen and Maryanne M, Fifth Edition
Dibuat : 2012-06-27, dengan 1 file

Keyword : Cost Management: Accounting and Control
Subjek : Cost Management: Accounting and Control
Sumber pengambilan dokumen : INTERNET

Over the past twenty years, changes in the business environment have profoundly af-

fected cost accounting and cost management. A few examples of these changes are an

increased emphasis on providing value to customers, total quality management, time as

a competitive element, advances in information and manufacturing technology, global-

ization of markets, service industry growth, deregulation, and heightened awareness of

ethical and environmental business practices. These changes are driven by the need to

create and sustain a competitive advantage. For many firms, the information required to

realize a competitive advantage can no longer be derived from a traditional cost manage-

ment information system. The traditional system relies on functional-based costing and

control. In a functional-based system, costing and control are centered on organizational

functions. Unfortunately, this functional-based approach often fails to provide information

that is detailed, accurate, and timely enough to support the requirements of this new envi-

ronment. This has resulted in the emergence of an activity-based cost management system.

Typically, an activity-based cost management system is more detailed and more accurate than

a functional-based cost management system and, thus, more costly to operate. Furthermore,

the need to add a formal guidance mechanism to the new activity-based system has created

a demand for strategic-based cost management. Thus, the new cost management system might

be more accurately referred to as an activity- and strategic-based cost management system. The

emergence and acceptance of activity- and strategic-based cost management therefore suggests

that in many cases the benefits of this more sophisticated system outweigh its costs. On the

other hand, the continued existence and reliance on functional-based systems suggests the op-

posite for other firms.

Deskripsi Alternatif :

Over the past twenty years, changes in the business environment have profoundly af-

fected cost accounting and cost management. A few examples of these changes are an

increased emphasis on providing value to customers, total quality management, time as

a competitive element, advances in information and manufacturing technology, global-

ization of markets, service industry growth, deregulation, and heightened awareness of

ethical and environmental business practices. These changes are driven by the need to

create and sustain a competitive advantage. For many firms, the information required to

realize a competitive advantage can no longer be derived from a traditional cost manage-

ment information system. The traditional system relies on functional-based costing and

control. In a functional-based system, costing and control are centered on organizational

functions. Unfortunately, this functional-based approach often fails to provide information

that is detailed, accurate, and timely enough to support the requirements of this new envi-

ronment. This has resulted in the emergence of an activity-based cost management system.

Typically, an activity-based cost management system is more detailed and more accurate than

a functional-based cost management system and, thus, more costly to operate. Furthermore,

the need to add a formal guidance mechanism to the new activity-based system has created

a demand for strategic-based cost management. Thus, the new cost management system might

be more accurately referred to as an activity- and strategic-based cost management system. The

emergence and acceptance of activity- and strategic-based cost management therefore suggests

that in many cases the benefits of this more sophisticated system outweigh its costs. On the

other hand, the continued existence and reliance on functional-based systems suggests the op-

posite for other firms.

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Organisasi	Fifth Edition
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