As traditional methodologies of Activity-Based Costing (ABC) often have proved to be too time consuming and expensive to implement on a large scale within organizations Kaplan and Anderson introduce in this book time-driven activity-based costing (TDABC). This new methodology is based on two fundamental elements, i.e. the cost of resource capacity and the resource capacity required. It is therefore an easier and more powerful approach for measuring cost and profitability. Anyone wishing to embark on an ABC project should first read this book.
About the Authors
Robert S. Kaplan, a co-creator of both Active-Based Costing (ABC) and the Balanced Scorecard, is Baker Foundation Professor at Harvard Business School.
Steven R. Anderson is the founder and chairman of Acorn Systems, a software and consulting firm headquarters in Houston, Texas.
Steven R. Anderson is the founder and chairman of Acorn Systems, a software and consulting firm headquarters in Houston, Texas.