Explains how to implement activity-based costing, offering tips for installation, plus the outline of a method that reforms cost accounting using traditional concepts, and a detailed case study that serves as a blueprint for the actual implementation of activity-based costing.
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In Activity-Based Costing: Making It Work for Small and Mid-Sized Companies, professional accountant Douglas T. Hicks shows you how to sharpen your competitive edge while bringing you the "total package" of cost information - not just the computational elements. Using an approach developed while solving problems for small and mid-sized companies, Mr. Hicks has created a reader-friendly, comprehensive narrative covering every aspect of the ABC industry, including step-by-step instructions for building a cost accumulation and distribution model for any size business. With examples taken from Fortune 1000 companies, readers will find a wealth of information on ABC features.
DOUGLAS T. HICKS, CPA, CMC, is President of D.T. Hicks & Co., a Michigan-based consulting firm specializing in cost and management accounting issues for small and mid-sized organi-zations. Before establishing his company in 1985, he spent fifteen years in public accounting at Ernst & Young, and in industry with Hayes-Albion Corporation and Kelsey-Hayes Company. Mr. Hicks is a Certified Public Accountant and a Certified Management Consultant. He is a member of the American Institute of CPAs, the Michigan Association of CPAs, the Institute of Management Accountants, and the Institute of Management Consultants. He is also the author of Activity-Based Costing for Small and Mid-Size Businesses: An Implementation Guide, also published by Wiley.
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