Hakan Goektuerk
eBook, ePUB

Activity-Based Costing (ABC) - advantages and disadvantages (eBook, ePUB)

How ABC can be applied to institutions of higher education

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Seminar paper from the year 2005 in the subject Business economics - Accounting and Taxes, grade: 1,6, Lancaster University, course: Management Accounting, language: English, abstract: In this report I will show how activity-based costing (ABC) can be applied to a department of a major institution such as a University. Large universities may maintain and follow complex and rigid accounting systems. However, the systems are almost always based on a form of fund accounting and are intended to satisfy legal and donor stipulations rather than to provide information for administrative decisions. In...

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