Naslov
COMPARATIVE ANALYSIS OF THROUGHPUT ACCOUNTING AND ACTIVITY-BASED COSTING

Autori
Dražić Lutilsky, Ivana ; Liović, Dina ; Marković, Matej

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
INTERDISCIPLINARY MANAGEMENT RESEARCH XV / Barković, Dražen ; Crnković, Boris ; Zekić Sušac, Marijana ; Dernoscheg, Karl - Heinz ; Pap, Norbert ; Runzheimer, Bodo ; Wentzel, Dirk - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2019, 1464-1482

Skup
15th International Conference on Interdisciplinary Management Research (IMR 2019)

Mjesto i datum
Opatija, Hrvatska, 16.05.2019. - 18.05.2019

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
decision-making, Throughput Accounting, Activity-Based Costing (ABC), comparative analysis

Sažetak
Activity-Based Costing has been developed as a possible alternative and a practical solution to overcoming deficiencies in existing traditional cost accounting systems that can significantly affect product valuation and pricing. Throughput Accounting is a simplified management accounting approach that provides managers with support in decision-making concerning the improvement of the company’s profitability. It is a relatively new approach that identifies constraints and limitations that prevent the company from achieving its goals and focuses on simple measures that direct the functioning of key areas towards achieving organizational goals. While Throughput Accounting is a profit-focused cost accounting method designed for short-term decision making, the ABC method focuses on cost management and is used in making long-term decisions, which is why it is widely used in the business world. A comparative analysis provides a detailed overview of these two contemporary cost accounting methods, both developed in the 1980s. This is achieved by looking into their characteristics, concepts, differences, specificities, and adequacy. Another aim of the work is to highlight and examine the possibilities and benefits of their mutual application.

Izvorni jezik
Engleski

POVEZANOST RADA