Time Driven Activity Based Costing | TDABC Methodology - Time-Driven Activity-Based Costing Books

Register

Login

Time-Driven Activity-Based Costing Books - Our recommendation for your library!

Written by Miguel Guimaraes

Friday, 13 November 2009 21:44

We would like to share with you some of the books we consider fundamental for all of you who have an interested in the Time-Driven Activity-Based Costing methodology. Here is a list of books you can find in our library:

"Time-Driven Activity-Based Costing - A Simpler and powerful path to higher profits" by Robert S. Kaplan and Steven R. Anderson - Harvard Business School Press - 2007

"In the classroom, activity-based costing (ABC) looks like a great way to manage a company's limited resources. But executives who have tried to implement ABC in their organizations on any significant scale have often abandoned the attempt in the face of rising costs and employee irritation. "Time-Driven Activity-Based Costing" is the solution to the problems associated with large-scale ABC implementation. In this book, Kaplan and Anderson offer a revised model where managers can estimate the resource demands imposed by each transaction, product, or customer, rather than rely on time-consuming and costly employee surveys. In their new model, Kaplan and Anderson focus on the two parameters managers need to estimate: how much it costs per time unit to supply resources to the business activities (the total overhead expenditure of a department divided by the total number of minutes of employee time available) and how much time it takes to carry out one unit of each kind of activity (as estimated or observed by the manager). Rather than endlessly updating and maintaining ABC data, this book with allow managers to spend their time addressing the deficiencies the model reveals: inefficient processes, unprofitable products and customers, and excess capacity. Kaplan and Anderson lead the discussion of Time-Driven ABC in the first seven chapters, followed by individual cases studies of actual implementations by Acorn consultants in diverse settings."

"Cost and Effect: Using Integrated Cost Systems to Drive Profitability and Performance" by Robert S. Kaplan and Robin Cooper - Harvard Business Press - 1997

"Two of the most innovative thinkers in the field present a work that represents the single best resource for understanding and implementing activity-based cost management. Kaplan and Cooper reveal that most companies don't know how to measure accurately, influence, or understand the fundamental cost drivers in their businesses. They then provide a detailed and comprehensive blueprint that will enable managers to make better decisions and to promote organizational learning and improvement. Cost and Effect takes the management, finance, and accounting fields to an entirely new level, as the authors demonstrate how the principles of activity-based costing and other advanced cost management techniques, such as target and kaizen costing, can drive business performance. Using lively examples from a variety of leading companies worldwide--including Siemens, Hewlett-Packard, AT&T, the Swedish wire manufacturer Kanthal, Kirin Beer, and Procter & Gamble--they show how to create integrated, knowledge-based systems that provide meaningful information on current and past performance. The innovation systems described in Cost and Effect will help you: Determine where improvements in quality, efficiency, and productivity will have the highest payoffs. Assist front-line employees in their learning and improvement activities. Make better product mix and capital investment decisions. Negotiate more effectively on price, product features, quality, delivery, and service to promote win-win relationships with your customers. Choose low-cost suppliers who are truly low cost, not just low price. Design products and services that meet customers' expectations--and that can be produced and delivered at a profit. Integrate your activity-based cost system into reporting and budgeting processes to reveal the sources of excess capacity. Everyone involved in running a business--from general managers and strategic planners to financial executives, IT professionals, and operations managers--must read this book to learn how innovative cost and performance measurement systems can enhance their organizational profitability and performance."

"Execution Premium" by Robert S. Kaplan and David P. Norton - Harvard Business School Press - 2008

"In a world of stiffening competition, business strategy is more crucial than ever. Yet most organizations struggle in this area--not with formulating strategy but with executing it, or putting their strategy into action. Owing to execution failures, companies realize just a fraction of the financial performance promised in their strategic plans. It doesn't have to be that way, maintain Robert Kaplan and David Norton in The Execution Premium. Building on their breakthrough works on strategy-focused organizations, the authors describe a multistage system that enables you to gain measurable benefits from your carefully formulated business strategy. This book shows you how to: - Develop an effective strategy--with tools such as SWOT analysis, vision formulation, and strategic change agendas - Plan execution of the strategy--through portfolios of strategic initiatives linked to strategy maps and Balanced Scorecards - Put your strategy into action--by integrating operational tools such as process dashboards, rolling forecasts, and activity-based costing - Test and update your strategy--using carefully designed management meetings to review operational and strategic data Drawing on extensive research and detailed case studies from a broad array of industries, The Execution Premium presents a systematic and proven framework for achieving the financial results promised by your strategy."

"The Balanced Scorecard: Translating Strategy into Action" by Robert S. Kaplan and David P. Norton - Harvard Business Press - 1996

"As running a corporate or government or not-for-profit enterprise becomes increasingly complicated, more sophisticated approaches are needed to implement strategy and measure performance. Purely financial evaluations of performance, for example, no longer suffice in a world where intangible assets relationships and capabilities increasingly determine the prospects for success. Kaplan, a Harvard Business School professor of accounting, and Norton, president of Renaissance Solutions, make a key contribution by describing and illustrating the balanced scorecard, a multidimensional approach to measuring corporate performance that incorporates both financial and non-financial factors. The concept of a balanced scorecard originated in a study group of 12 companies that met throughout 1990; since then, the authors have worked with several companies, including FMC Corporation, Brown & Root Energy Services, Mobil and CIGNA, to create scorecards and use them as a systematic means to implement new organizational strategy. Though still in the preliminary stages of development, balanced scorecards could represent the emergence of a new era of management sophistication, in which both the hard and soft variables of work life are taken into account in a rigorous, testable fashion. Kaplan and Norton provide an excellent, though dry, introduction to a new methodology of management."