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Activity-Based Costing

Making It Work for Small and Mid-Sized Companies
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Activity-Based Costing by Douglas T. Hicks is a comprehensive guide that delves into the complexities of cost management systems. It focuses on the principles and practical applications of activity-based costing, helping businesses accurately allocate costs to improve efficiency and decision-making. The book is tailored to professionals seeking to optimise costing strategies within their organisations.
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Format: Paperback / softback
$19099
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book may appeal to you if you're eager to understand how costs are accurately determined and managed in a business setting through modern accounting techniques. It's ideal for entrepreneurs seeking practical insights into improving financial efficiency and strategic decision-making by examining cost behaviours and improving overall profitability.

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Activity-Based Costing

The hype and benefits of activity-based costing (ABC) have been difficult and expensive for small and medium-sized businesses to realize. This practical, do-it-yourself guide shows how both manufacturing and service companies can implement ABC without the expense of an outside consultant.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Activity-Based Costing by Douglas T. Hicks is a practical, cost-effective guide for small to medium companies.

It identifies the key cost-related issues in organisations and shows how to develop a cost-flow structure that reflects the organisation's cost behaviour.

The book features an ongoing case study that documents the model-building process throughout.

It provides a spreadsheet model blueprint that details data flows, demonstrating how a cost model of an organisation can be developed using basic spreadsheet software on a PC.

Series: Wiley Cost Management Series

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Book Details

INFORMATION

ISBN: 9780471237549

Publisher: John Wiley & Sons Inc

Format: Paperback / softback

Date Published: 11 October 2002

Country: United States

Imprint: John Wiley & Sons Inc

Edition: 2nd edition

Audience: Tertiary education, Professional and scholarly

DIMENSIONS

Spine width: 20.0mm

Width: 155.0mm

Height: 232.0mm

Weight: 515g

Pages: 384

About the Author

DOUGLAS T. HICKS, CPA, CMC, is a Senior Managing Consultant at BKD, LLP, the nation's eighth largest accounting and consulting firm, and Team Leader of their Decision Costing Services practice. Before entering consulting in 1985, he spent fifteen years in public accounting at Ernst & Young, and in industry with Hayes-Albion Corporation and Kelsey-Hayes Company. Hicks is a member of the American Institute of CPAs, the Michigan Association of CPAs, the Institute of Management Accountants, and the Institute of Management Consultants. He is also the author of Activity-Based Costing for Small and Mid-Sized Businesses: An Implementation Guide, published by Wiley.

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