Explains the principles of a technique for costing products and services, and walks accounting managers through the rather difficult process of implementing it. Activity-based costing does not replace traditional general ledger accounting but lies between the cost accumulators or the expenditure account balances in the general ledger and the end users who apply cost data in decision making, translating data into practical information. Annotation c. by Book News, Inc., Portland, Or.
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Gary M. Cokins, CPIM, is an internationally recognized expert, speaker, and author in advanced cost management and performance improvement systems. He has received CAM-Is Robert A. Bonsack Award for Distinguished Contributions in Advanced Cost Management and was the lead author of the highly regarded An ABC Managers Primer (Irwin, IMA, CAM-I, 1992.
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