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Characteristics of fully |
3rd July 2009, 20:12 |
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The best-known cost accounting system has little relevance today
The full statement was primarily to identify cost prices are used. Today, this cost-accounting system hardly essential.
The total bill came before and during the Second World War is important, because at that time the state mandatory rules for the calculation of cost prices on the full base had. Was calculated according to the then current "guidelines for pricing based on cost of services for public entities" (LSÖ).
The guiding principles of this calculation scheme was designed so that it firstly in relation to all production and sales costs and then in dependence on the percentage profit mark-up charged, in any event has been guaranteed. The higher the costs were, the higher was the guaranteed profit.
The types of costs in the system of full cost accounting
At the beginning of the full cost accounting is the accounting cost categories. This serves to capture and structure all over each billing period incurred species. In this part of full cost accounting, all power consumption related values in a period either as expenses equal effort or expense various foreign costs collected.
Overall, the cost of the types of full cost accounting, which costs in the period incurred, and clarified in a proper building the cost structure of a company.
The types of costs is the basis for cost accounting and cost accounting, so that an initial overlap-free detection and classification of costs is necessary. The specific breakdown of cost elements is determined by industry, company size, company-specific characteristics and the specific requirements, which in each case to the full account.
The cost center accounting in the system of full cost accounting
The cost accounting of the full bill builds directly on the cost elements to account. While the direct impact on the operational performance units verbuchbaren cost-direct costs to the cost center accounting herumgeführt and directly into the cost accounting to be, all other costs in the cost center account.
Object of the cost center accounting is therefore all the overheads, which means expenses incurred by insurance companies not directly be attributed to operating and using the billing statement charged.
The cost accounting in the system of full cost accounting
The Cost bill in the personal finance software phase of full cost accounting in the types of costs covered, and then in the cost center accounting cost to final cost charged to the various cost of the company.
The cost accounting of full cost accounting is considered as a piecewise-related and time-related calculation. The piecewise-based cost accounting has the main task for all goods and services produced, unit costs to be determined. In this context it is also known as cost accounting, cost accounting and self-described unit cost. personal budget worksheet
The cost accounting period will be achieved by a comparison of costs and benefits for a period while operating identified.
Defects of the full cost accounting
In the system of full cost accounting, the costs are not recorded or displayed, as it is actually a function of their main influences behavior. The weaknesses of full cost accounting results in the fact that a Gemeinkostenschlüsselung is made. make a personal budget
Due to this problem are in business practice today other cost accounting systems, for example, based on part cost. |
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The ratios of the Balanced Scorecard |
3rd July 2009, 20:03 |
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Considering different perspectives of the company
The monetary and non-monetary indicators of a Balanced Scorecard into account different perspectives of a company.
The Balanced Scorecard, by Robert S. Kaplan and David P. Norton developed, it is only at first sight and a new performance measurement system. Rather it is a management and leadership tool, which assumes that the economic success of a company not only from the published financial results can be assessed.
Monetary and non-monetary indicators
In practice, the operational metrics and Key Performance Indicators have long used. Traditional approaches focus almost exclusively on monetary variables. Nevertheless, the idea of a non-monetary values containing basic indicators is not new. It has been since about 1950 with similar justifications always demanded.
As an example here only to the figures project from General Electric from the year 1951, be made in the eight different types of indicators proposed but not fully implemented were: profitability, market position, productivity, product leadership, personnel development, employee attitudes, public responsibility and balance between long and short-term goals.
The individual ratios of a Balanced Scorecard
The full consideration of non-financial indicators is not new. However, one must not forget that the Balanced Scorecard approach is not only a pure indicators system. Using the four perspectives of the Balanced Scorecard is the corporate vision and corporate strategy map, cause-effect relationships, and especially Spätindikatoren also identify performance drivers and their respective links with the financial goals.
It follows that for each individual enterprise balanced scorecard must be developed. Although you can from the experiences of other users with the Balanced Scorecard to learn and already defined structures take over. Ultimately, every company needs to define for themselves what goals are pursued, why customers should buy right here, etc.
Management of companies with a few key figures
An important potential of the Balanced Scorecard is the ability to see strategic goals and visions with the entrepreneurial life experience. This makes it possible to use a company of a few, but crucial figures strategically, flexibly and effectively to lead. Money Management Software
Such a vision and long-term strategy should each be ever so small businesses, because they are not least the basics to develop their own company-specific scorecard. personal finance budgeting
Indicators of the Balanced Scorecard
A strategy is only as good as it succeeds in all areas of the company is transparent and understandable for all stakeholders to implement and adapt to changes. The following points must be noted this:
Visionary goals should be memorable and understandable for every employee can be formulated. For the sector strategies of individual business areas should be basically the same requirements as for the company as a whole. free budget worksheets
The vision of the strategy should be derived by choosing appropriate ratios can be mapped, which means that the selected indicators are the main strategic objectives orientation.
For the future development of the company can be assessed properly, the result for the relevant indicators and to identify key figures in the system to be considered.
All figures are nominal values to determine. It also means that responsibilities for the achievement fix. Employees are responsible for understandable and appropriate targets to agree with the figures of the Balanced Scorecard can be united and the strategy of the company match.
Moreover, the information and reporting system of the company so that all the selected ratios required data quickly available. |
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