Publisher's Synopsis
This book takes activity–based costing and management beyond its purely technical aspects, and introduces a holistic approach to fundamental issues such as management of cost, time, quality, funds and other constraints. Activity–based costing and management is not just a new way of computing business figures, but requires a fundamental understanding of all management issues. By adopting a customer–oriented approach to the development of management and accounting systems the authors expose the shortcomings of traditional accounting systems. This practical book is much more than a collection of new cost measurement techniques, it emphasises the philosophies the modern accountant must adopt to help the organisation add value to its shares.
