Gary Cokins

Cost Management: A Strategic Emphasis

Activity-Based Cost Management

Proven strategy for reducing production and operating costs while increasing profits As the growth of the Internet shifts power to consumers, the pressure on companies to keep prices low will continue to mount. Increasingly corporations are relying on "margin management" and supply chain management as a means of keeping prices low while raising profits. Activity-based costing and management (ABC/M) data is key to succeeding in both these critical management strategies. This book explains how executives can effectively use the information furnished by cutting-edge ABC/M systems. The author, an acknowledged expert in the field, clearly defines the ABC/M system and explains how to use the information it provides for best results. He provides a rational framework for understanding the fifteen key defining characteristics of ABC/M and arms readers with an ABC/M Readiness Assessment test along with extremely user-friendly exhibits.

Activity-Based Cost Management in Government

Be more confident in your decisions and have the ability to predict the type and level of resources you’ll need to meet future demands! Activity-Based Cost Management in Government, 2nd Edition makes it easy to understand the behavior and economics of your cost structure. Determine the true costs of your processes, outputs and outcomes so that you can achieve optimal performance. Written in easy-to-understand language and clearly illustrated, Gary Cokins’ Activity-Based Cost Management in Government, 2nd Edition provides the financial techniques to: Identify the advantages of Activity-Based Cost Management versus traditional costing methods to improve productivity and increase value. Understand why output costs are high and what drivers cause those levels. Learn what it truly costs to serve different types of internal and external end-users and citizens. Predict future expense levels with Activity-Based Planning and Activity-Based Budgeting. Learn how to design, construct, and implement an effective Activity-Based Cost Management system. Explore how and why managerial accounting is evolving into managerial economics. Bonus! Includes over 100 robust illustrations often described as “the best pictures that people have ever seen for communicating the concepts” behind Activity-Based Cost Management in government.