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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How can today's technology help with cost control?
AccountingWeb, July 2017
An overview of the available cost management apps and other digital services. Part three of a series on cost control.
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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Discusses the benefits of using cost modeling for procurement, operations, and supply chain professionals. A variety of external and internal cost models are covered which have the potential to significantly reduce costs for an organisation. Includes examples of how organisations have saved substantial amounts through the use of cost modeling.
The book contains chapters on obtaining funding, corporate risk management, business strategy and financial planning, performance measurement and transfer pricing, asset management, cost management and finance function effectiveness.
The book aims to provide the management accountant with facts and guidance for all aspects of their role. It contains chapters on the role of the management accountant, internal control, strategic business planning, long-range financial planning, cash and investments, operational accounting, SEC filings, performance measurement, financial analysis, cost management, taxation, and selecting a financial information system.
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The Library provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.
Practical considerations to help startups develop a business plan with meaningful financial projections.
The article discusses the use of robotic process automation (RPA) in accounting firms in relation to the notion of agile organizations. Topics include the relation of RPA to the automation life-cycle process in finance, the relation of RPA to compliance and labor productivity, and the calculation of cost savings and return on investment (ROI) for RPA.
How internal auditors can use business intelligence tools to mine their organization’s data.
Special report: Financial planning and cost management
This ICAEW Business and Management Faculty June 2013 report on Financial Planning and Cost Management looks at these related subjects from several angles.
Building a sustainable cost leadership culture
Strategic Finance, September 2014, pages 46-51
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 sections on cost-volume-profit analysis, short-term decisions, forecasting, planning and budgeting, risk management; capital budgeting and real options, profit centres, and transfer pricing
Management and cost accounting
(Cengage Learning EMEA, 2012)
A student guide to designing and evaluating management and cost accounting information systems.
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