December 2014
Beginner
352 pages
13h 51m
English

Costs and efficiency
1911 F. W. Taylor—one of the first management “gurus”—writes The Principles of Scientific Management. In it, he suggests methods for creating an accurate costing model.
1971 US professor George Staubus writes Activity Costing and Input-Output Accounting. His book encourages interest in activity-based costing among US manufacturers.
1987 US business experts Robert Kaplan and Robin Cooper define activity-based costing in their book, Accounting and Management.
Cost accounting seeks to determine a company’s costs of production by measuring direct costs (such as raw materials) and adding an estimate of overhead ...
Read now
Unlock full access