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A Management Accounting Framework
Author(s) -
Cokins Gary
Publication year - 2001
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.1210
Subject(s) - activity based costing , management accounting , cost accounting , target costing , confusion , product cost management , business , accounting , total absorption costing , process costing , operations management , process management , computer science , economics , psychology , cost engineering , psychoanalysis
As nonfinancial managers increasingly need to understand their costs, there is confusion about competing costmeasurement methodologies. Should they choose standard costing, actual costing, throughput costing, or projectcosting? The author suggests an overarching framework that supports the three purposes of management:controlling, directing, and planning. © 2001 John Wiley & Sons, Inc.