Back-flush costing describes a costing system that delays recording some or all of the journal entries relating to the cycle from purchase of direct materials to the sale of finished goods. Where journal entries for one or more stages in … Read More >

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Strategic Cost Analysis presents a concise costing methodology beginning with a definition of what is cost and what factors shape the costing system.  The authors follow the definition of Strategic cost management as defined by Cooper and Slagmulder, which is … Read More >

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Video Presentation given by SCM Executive Committee member Doug Hicks at the Annual Management Accounting Conference of the IMA Metro Detroit and Toledo Chapters.  The slides for the presentation can be found at the SCM Slideshare site.

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This months blog by one of our Executive Committee members. When attempting to calculate the cost of products and services, people often cite practices used for external financial reporting. Then they attempt to use these practices for internal decision making. … Read More >

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We would like to hear your comments on ethics and the questions raised in this article. A few weeks ago, the Society of Cost Management published a Statement of Ethical Responsibility. It is important for a profession that wants to … Read More >

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