Activity Accounting: An Activity-Based Costing Approach (Wiley/Institute of Management Accountants Professional Book Series) [Hardcover]

James A. Brimson (Author)

Book Description

Publication Date: February 1991 | ISBN-10: 0471539856 | ISBN-13: 978-0471539858

New costing procedures for a new economic age

Increasing global competition is causing upheaval in every area of industry and commerce. An explosion in the use of advanced technologies is continuing to fundamentally revolutionize the way we go about doing business. These factors are in turn driving dramatic reductions in product life cycles (the average product life cycle is now well under five years) and exerting tremendous pressure on profit margins. The effect has been to substantially change cost structures with their traditional focus on direct labor and arbitrary allocation of overhead. Yet we continue to measure cost in the old way.

Now, here's a book that shows you how to update your accounting procedures in order to effectively accommodate these significant changes. Step by step, Activity Accounting: An Activity-Based Costing Approach describes activity accounting in a clear, concise manner. It emphasizes the strengths and benefits of an activity-based approach to business management and demonstrates how you can apply activity accounting to your organization.

Activity-based accounting is an essential tool for running your business in the 90s. This book is a must-have tool for learning how to master it.

Editorial Reviews

From the Publisher

A handbook on activity-based costing (ABC)--the most important new development in cost and management accounting in years. It provides manufacturing executives, managers, and engineers as well as strategic planners with a checklist of ABC goals and then demonstrates how they can create and implement a system to achieve those objectives. Additionally, it shows companies how to evaluate new manufacturing technologies and effectively use computer-integrated manufacturing (CIM). Lets professionals use ABC to its full potential as both a formal management accounting system and a corporate strategic planning tool.

From the Back Cover

New costing procedures for a new economic age

Increasing global competition is causing upheaval in every area of industry and commerce. An explosion in the use of advanced technologies is continuing to fundamentally revolutionize the way we go about doing business. These factors are in turn driving dramatic reductions in product life cycles (the average product life cycle is now well under five years) and exerting tremendous pressure on profit margins. The effect has been to substantially change cost structures with their traditional focus on direct labor and arbitrary allocation of overhead. Yet we continue to measure cost in the old way.

Now, here's a book that shows you how to update your accounting procedures in order to effectively accommodate these significant changes. Step by step, Activity Accounting: An Activity-Based Costing Approach describes activity accounting in a clear, concise manner. It emphasizes the strengths and benefits of an activity-based approach to business management and demonstrates how you can apply activity accounting to your organization.

Activity-based accounting is an essential tool for running your business in the 90s. This book is a must-have tool for learning how to master it. --This text refers to the Paperback edition.

See all Editorial Reviews

Product Details

• Hardcover: 214 pages
• Publisher: Wiley (February 1991)
• Language: English
• ISBN-10: 0471539856
• ISBN-13: 978-0471539858
• Product Dimensions: 9.1 x 6.1 x 1 inches
• Shipping Weight: 3.2 pounds
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #2,001,313 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

25 of 26 people found the following review helpful:

5.0 out of 5 stars Recommended, June 17, 1997

By A Customer

This review is from: Activity Accounting: An Activity-Based Costing Approach (Wiley/Institute of Management Accountants Professional Book Series) (Hardcover)

Without question, if you want to know where all the money's going (especially in companies of 100+) employees, ABC is the tool to use. Mr. Brimson's book is one of several books I have read on the topic and it is also, in my opinion, the best. By investing one or two evenings reading this one book, you will have an opportunity to understand not only what it is (and what it is not) in plain English, but you may also be capable and confident enough to participate in the process as well