Cost Management and Control Will Enhance Your Ability to
ACCOMPLISH YOUR MISSION 
Whether Your Mission is:
  Governmental
  Business or
  Personal

Reciprocal allocation attempts to consider all possible consumption and allocates each overhead cost pool to all other pools, cost objects,

Cost accounting is sometimes hard to define because it means different things to different people. So let’s differentiate and define two br

Level of effort analysis is one method to determine a driver for the basis of allocation.

This blog summarizes some original research done in the 1990s that is probably still relevant to federal cost accounting use today.

Cost per unit can be a dangerous metric as averaging can have undesirable insidious consequences when units are non-homogeneous.

This blog walks through three alternatives for allocating central facilities cost to four departments.

Allocation intimidates many students but it is really as simple as splitting the dinner check.

Managerial costing can be thought as of a transformation of raw accounting data to a focused, managerially useful view.

This blog is a continuation of the story started in the Fraudulent Managerial Costing blog.

Costing that confuses, hides, distorts, or implies many digits of accuracy is fraudulent from the perspective of management information.

The output of the measurement process must be credible, useful, and affordable.

Cost accounting has both external reporting and managerial uses. Here is a framework that categorizes managerial costing use.

Managerial Costing was an area of interest at the the Federal Accounting Standards Advisory Board and I was called to provide testimony.

Many people have a very simplistic, if not naïve, view of what cost means. This is probably because many people only think of their cost...

Decisions are made constantly at all levels of an organization. External reporting that provides a highly aggregated view infrequently...