Measuring Target Costs Using Lean Accounting

Measuring Target Costs Using Lean Accounting

Author: Salam Adil, Bhuiyan Nadia, Defersha Fantahun Melaku

Format: Paperback

Pages: 180

ISBN: 9783639716818

Publisher: Scholars' Press

Release Date: October 22, 2014

Description du Livre

Aerospace is very important to the Canadian economy, with over 80,000 employees; generating over $20 billion dollars in revenue. However, with the economic downturn, sales have been decreasing. Competition is growing with emerging countries entering the market, companies are struggling to stay competitive, and they are adopting various practices to deliver value to their customers. The principles of lean manufacturing strive to do just that, and while enjoying much success in production environments, lean principles have been found to be applicable in other areas of the enterprise, including accounting. This study presents the notion of target costing for new products. In comparison to traditional costing of products, where the desired profit is added to the cost required to develop the product, target costing is 'lean' in the sense that it puts the focus on creating value for the customer by setting the price of the product based on the cost. In this book, various types of target cost models are developed. The models are then applied to predict the cost of commodities at a major Canadian aerospace company.

Commentaires
Blanchefle Morneau
Enfin, je reçois cet ebook, merci pour tous ces miracles de Noël que je peux obtenir maintenant!
Gradasso Martel
Leur Miracle de Noel était le meilleur livre que j’ai jamais acheter. Leur Miracle de Noel a fait exactement ce que tu as dit qu’il faisait.
Alphonse Ratté
Je tiens à vous remercier personnellement pour vos livres exceptionnels. C’est vraiment merveilleux.
Émilie Aucoin
Mes amis sont tellement fous qu’ils ne savent pas comment j’ai tous les ebook de haute qualité qu’ils n’ont pas!
Andrée Bédard
Je vous recommanderai à mes collègues. Leur miracle de Noël est les livres les plus précieux que nous ayons jamais achetés. Je serais perdu sans ça. Je suis complète ment époustouflé.