Direct Costing Method: this article explains the Direct Costing Method in a practical way. The article contains the definition and basic explanation of this method, including examples of situations where this calculation method is valuable. You will also find advantages…
Activity Based Costing (ABC): this article explains Activity Based Costing (ABC) by Robert Kaplan in a practical way. Highlights include: what Activity Based Costing is, what its benefits and drawbacks are and what it looks like in a model versus…
Activity Based Management (ABM): this article explains the Activity Based Management (ABM) in a practical way. Next to what this concept is, this article also higlights the advanatges of this method, the relationship with the Valuechain, two types of ABM…
Absorption Costing: This article explains Absorption Costing in a practical way. After reading you will understand the basics of this powerful financial management tool.
What is Absorption Costing?
There are several costing methods that can be used with respect to…
Robin Cooper is professor of financial management in the area of designing and practising of costing systems. He is the founder of financial systems like the M-approach and Activity Based Costing.
Biography Robin Cooper
Robin Cooper obtained his BSc.…
Zero Based Budgeting: this article explains Zero Based Budgeting (ZBB) in a practical way. After reading you will understand the basics of this powerful financial management tool.
What is Zero Based Budgeting (ZBB)?
Zero Based Budgeting is a reverse…
