Designing Cost Management Systems to Support Business Decision-Making

Industry Inspired Case Studies
1. Auflage 2021
ISBN: 978-981-16-1750-8
Verlag: Springer Nature Singapore

Buch, Englisch, 150 Seiten, Format (B × H): 153 mm x 216 mm, Gewicht: 333 g

This book illustrates the importance effective cost management systems in

providing a supportive environment in which reliable and relevant management

information can be generated. Such a cost management system is only attainable

if the importance of key business, operational and stakeholder requirements are

recognised within the organisational context. In illustrating this importance, this

book provides several case studies as examples thereof. The first two case studies

focus on the engineering sector and illustrates the development of a cost

management system in a water recycling context; and the design of a budgetary

system in a mining engineering context. The remaining case studies focus on the

services sector, including cost management systems for a digital technology

services provider and a medical insurance services provider; an alternative
activity-based costing approach for a public sector services provider; and finally

a re-designed value stream for an automotive services provider. Academic

researchers and industry managers in the fields of management accounting and

financial management, as well as engineering and operations management, will

find value in the experiences described herein.

Zielgruppe

Research

Autoren/Hrsg.

Buys, Pieter

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensforschung
• Wirtschaftswissenschaften Betriebswirtschaft Management Entscheidungsfindung
• Wirtschaftswissenschaften Betriebswirtschaft Wirtschaftsinformatik, SAP, IT-Management
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Controlling, Wirtschaftsprüfung, Revision
• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Kostenmanagement, Budgetierung
• Mathematik | Informatik EDV | Informatik Angewandte Informatik Wirtschaftsinformatik

Inhaltsverzeichnis

Introduction.- Designing a budgetary control framework for a multinational company using Industry 4.0 technologies.- Activity based costing as an alternative to the current costing methods in SASSA.- Development of an operational costing framework: The case of a water recycling fabrication facility.- Improving an automotive workshop’s profitability using lean management principles.- Developing a costing system for a digital technology service firm.- Designing a cost management framework for a medical scheme service provider in South Africa.- Concluding discussion.

Über Autor(innen)

Pieter Buys is Research Director: Management Cybernetics Research Entity and

Professor of Accounting Sciences at the North-West University, South Africa. He

holds a Ph.D. in management accounting and is Certified Management Accountant

(CMA). His research focuses on management accounting and business process

re-engineering. Previously, he occupied management positions in Canada and

South Africa.