Skip to Content
Strategic Managerial Accounting – A Primer for the IT Professional
book

Strategic Managerial Accounting – A Primer for the IT Professional

by Gopal Saxena
July 2017
Beginner
162 pages
3h 55m
English
Business Expert Press
Content preview from Strategic Managerial Accounting – A Primer for the IT Professional

CHAPTER 2

Nature of Costs

Start with the end in mind.

—Stephen R. Covey (The 7 Habits of Highly Effective People)

Case Study

True Informatics (TI) is a medium-sized software development. It noticed that, of late, some of its quotes to clients were sometimes quite off the mark—either much lower or much higher than competition, the higher ones usually occurring toward the end of the financial year. They also found that once they had met or were close to their annual sales target they tended to be out priced by their competitors. Quotes were prepared by estimating number and type of development resources required, converting individual salaries to an hourly rate and then adding a flat 50 percent to cover the overheads such as rent, utilities, administrative ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Managerial: Accounting

Managerial: Accounting

Charles E. Davis, Elizabeth Davis
Financial Accounting, 9th Edition

Financial Accounting, 9th Edition

Paul D. Kimmel, Donald E. Kieso, Jerry J. Weygandt

Publisher Resources

ISBN: 9781631575846