Our expertise

Process costing (Activity-Based Costing & Time-Driven Activity-Based Costing)

Submitted by admin on Thu, 23/12/2010 - 4:58pm

B&M helps companies to clarify & optimize cost and profit responsibilities of managers. We improve the alignment and cooperation between the different departments by optimizing your transfer pricing system and improving the accuracy of your overhead cost trace backs.

To ensure the coherence, efficiency and reliability of cost and profitability reporting systems B&M has a long experience in implementing the breakthrough approach of Time-Driven Activity-Based Costing (TD-ABC). This approach enables managers to drill down to the lowest level of information and gain new insights on how to improve profits & reduce costs.

It is known that TD-ABC systems require low maintenance costs. TD-ABC can be used to identify the most profitable strategies, to motivate managers implement cost and profitability improvement actions, and to monitor the profit effect of these actions. TD-ABC can be used as the central engine of corporate performance measurement, feeding the Balanced Scorecard with accurate cost and profitability information on a continuous basis and as a basis for resource capacity planning and operational budgeting. This makes Time-Driven Activity-Based Costing an absolute 'must-have' for companies of all sizes and industries.

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Our expertise

Process costing (Activity-Based Costing & Time-Driven Activity-Based Costing)

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