With the use of non-technical language it enables readers to understand the underlying dynamics of cost in order to facilitate effective decisions regarding products and services, workflows, capital investments and day-to-day monitoring of their business. Combining customer's needs and reactions with the financial awareness of a company's strengths and weaknesses, it ties into all current, major business concerns, including environmental awareness and international competitiveness. Features case studies, checklists and self-assessment techniques that will aid readers in initiating a total cost management program.
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With the use of non-technical language it enables readers to understand the underlying dynamics of cost in order to facilitate effective decisions regarding products and services, workflows, capital investments and day-to-day monitoring of their business. Combining customer's needs and reactions with the financial awareness of a company's strengths and weaknesses, it ties into all current, major business concerns, including environmental awareness and international competitiveness. Features case studies, checklists and self-assessment techniques that will aid readers in initiating a total cost management program.
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Most Helpful Customer Reviews
2 of 2 people found the following review helpful:
4.0 out of 5 stars
Practical, and easy to read...,
By Rai Chowdhary "Rai" (Austin, Texas) - See all my reviews
This review is from: The Ernst & Young Guide to Total Cost Management (Hardcover)
The book is well written, and touches on a topic that is relevant even today - over a decade later than the book's first publishing.
It would serve the reader well to get some understanding of how products and services are costed in the traditional way - that can help build understanding which comes in handy when you read how Activity Based Costing is different - which is what the book proposes. It is hard to imagine how much projects / proposals / businesses must have suffered due to archiac accounting methods - the authors have definitely made a good attempt to open the reader's eyes. Certain portions contained in the book were originally thought of by others (Cost of Quality) and I did not see due credit being given for the same. Read, understand, and apply...who knows your company may be on life support, and this may be the solution...
1 of 1 people found the following review helpful:
3.0 out of 5 stars
Nothing really new here,
By Professor John (San Diego, CA, USA) - See all my reviews
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This review is from: The Ernst & Young Guide to Total Cost Management (Hardcover)
Not a bad work on the topic,but don't expect any revelations - it's pretty basic. I don't find myself referring to it much.
1.0 out of 5 stars
DON'T BOTHER READING,
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This review is from: The Ernst & Young Guide to Total Cost Management (Hardcover)
FOLLOW ERNST & YOUNG AND GET SUED. READ ABOUT THE MADOFF SUIT AND SEE WHAT ERNST & YOUNG INTERNATIONAL DID TO INVESTORS.
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Inside This Book
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First Sentence:
Economic realities have made it necessary for most companies to operate with a "lean and mean" philosophy. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
activity cost pools, process value analysis, total cost management, business process analysis, costing rate, other cost objects, cost rollup, performance measurement practices, object costing, general ledger data, activity drivers, process costing, hidden factory, resource drivers, direct charging, cost management systems, business process model, marketing view, costing purposes, product costing, target costing, assigning costs Key Phrases - Capitalized Phrases (CAPs): (learn more)
Total Cost Management, Quality Assurance Department, Harvard Business Review, Performance Measures You May Want, Table of Contents New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Economic realities have made it necessary for most companies to operate with a "lean and mean" philosophy. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
activity cost pools, process value analysis, total cost management, business process analysis, costing rate, other cost objects, cost rollup, performance measurement practices, object costing, general ledger data, activity drivers, process costing, hidden factory, resource drivers, direct charging, cost management systems, business process model, marketing view, costing purposes, product costing, target costing, assigning costs Key Phrases - Capitalized Phrases (CAPs): (learn more)
Total Cost Management, Quality Assurance Department, Harvard Business Review, Performance Measures You May Want, Table of Contents New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 7
books:
See all 7 books this book cites
- Management Accounting, Fourth Edition by Anthony A. Atkinson on 4 pages
- on page 151, Back Matter (1), and Back Matter (2)
- Management Accounting (No. 2) by J. Innes in Back Matter (1), and Back Matter (2)
- Competitive Advantage: Creating and Sustaining Superior Performance by Michael E. Porter on page 74
- Business Process Improvement: The Breakthrough Strategy for Total Quality, Productivity, and Competitiveness by H. James Harrington on page 111
See all 7 books this book cites
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