Find out more about cost management and cost control with our selection of articles, links and guides to help you identify best practice, techniques and tools to apply to your business.
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Leaning away from standard costing
Reports on the decision by some manufacturers to move away from standard costing and variance analysis (SCVA) during critical financial times.
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Introduction to management accounting
(Pearson Education, 2014)
Written to help those new to the subject learn how to make effective economic decisions. Includes sections on cost management systems and product costing.
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The Library provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users.
Directors' Briefings and Start-Up Briefings are four-page guides written for the busy practitioner, director and entrepreneur providing concise, practical advice on core business issues.
Disclaimer: These publications from Atom Content Marketing are for general guidance only, for businesses in the United Kingdom governed by the laws of England. Atom Content Marketing, expert contributors and ICAEW (as distributor) disclaim all liability for any errors or omissions.
Small Business Update is a monthly magazine for SMEs with articles covering the latest regulatory developments, practical advice and hot topics.
This ICAEW Finance and Management Faculty June 2013 report on Financial Planning and Cost Management looks at these related subjects from several angles.
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Building a sustainable cost leadership culture
Strategic Finance, September 2014, pages 46-51
As management accountants evolved from "bean counters" into strategic business partners, their focus also evolved, shifting from cost accounting to cost management and ultimately, cost leadership. This involves a proactive attitude to striving for lower costs, improved customer focus, and enhanced market share. As cost leaders, management accountants can help their organisation compete and thrive in today's complex global economy.
CFO fundamentals: your guide to internal controls, financial reporting, IFRS, web 2.0, cloud computing and more
(John Wiley & Sons, 2012)
Part three, cost management and IT systems, contains the sections: cost management and analysis; cost-volume-profit analysis; short-term decisions; financial forecasting, planning and budgeting; risk management; capital budgeting and real options; the what and why of responsibility accounting; control of profit centres; performance of investment centres and transfer pricing; how to analyse and improve corporate profitability and shareholder value; and information technology and IT systems.
Management and cost accounting
(Cengage Learning EMEA, 2012)
The aim of the 8th ed. of this book is to explain the principles involved in designing and evaluating management and cost accounting information systems. Intended primarily for undergraduate students who are pursuing a one- or two-year management accounting course, and for students who are preparing for the cost and management accounting examinations of the professional accountancy bodies at an intermediate or advanced professional level.
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