The Institute of Management Accountants and its Managerial Costing Task Force released an exposure draft Monday examining managerial costing practices and how managers should decide which practices ...

The Institute of Management Accountants has released a new report explaining how accountants can improve their organization’s costing models, tools and information to support better decision making.

Time has proven he was on the right path. His objective was operational efficiency in pursuit of quality and customer satisfaction…and a healthy profit. Cost accounting, as he saw it applied, impeded ...

Activity-based costing, or ABC, is a costing method that managers can use for internal cost reporting and decision making. While ABC isn't allowed for external financial reporting, companies may find ...

Everyone in manufacturing agrees that knowing the costs associated with operations improves decision-making. However, for nearly a century, costing has been dominated by accounting standards that are ...

And wouldn’t you know it; the need for more operational data is at the heart of it. “A couple of people sent me letters from shippers during that [pre-ELD] time which said, ’We’re so grateful for all ...

One of the most difficult aspects of working as a small-business fashion designer lies in managerial cost accounting. Costing too low means you won't make money to create a profit, while costing too ...

A new report underscores the significant financial burden that denials pose for organizations. Revenue cycle leaders need to address denials management and embrace tech solutions, and they should have ...

This instruction identifies specific items of costs that are either allowable or unallowable on sponsored accounts and specifies which allowable costs are treated as direct costs and which are treated ...