The Price Waterhouse Guide to Activity-based Costing for Financial Institutions

The Price Waterhouse Guide to Activity-based Costing for Financial Institutions PDF Author: Julie Mabberley
Publisher: McGraw-Hill Companies
ISBN:
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
From banks to brokerage houses, profitability is the watchword for today's financial institutions. The search is unceasing for better ways to achieve it, maintain it, and defend it against competitive pressures. For some time, managers within financial institutions have been aware of a powerful new tool for cost analysis developed in the manufacturing sector: activity-based costing (ABC). A handful of financial services consultants around the world have been helping their financial services clients to migrate ABC from its birthplace in the manufacturing sector to the world of financial services, where it can be immensely effective as a basis for strategic decisions. It was time for a book that clarifies for general executives how ABC works and what contributions it can make to the formation of winning strategies. And it was time for a practical, comprehensive book that initiates management accountants in the financial services sector into this new approach to cost analysis. The Price Waterhouse Guide to Activity-Based Costing for Financial Institutions is that book. The ABC approach is particularly effective because financial services companies sell services as well as products. Profitability measurement cannot rely on older, more traditional methods of cost accounting, techniques that focus on the costs of raw materials and labor. The Price Waterhouse Guide to Activity-Based Costing for Financial Institutions shows how these firms can use the breakthrough concept of ABC in the same way that other companies manage all activities from the top down, more efficiently. This book explains the methods of this technique, with detailed guidelines that help firms plan for costs before theyoccur, rather than simply monitoring them.

The Price Waterhouse Guide to Activity-based Costing for Financial Institutions

The Price Waterhouse Guide to Activity-based Costing for Financial Institutions PDF Author: Julie Mabberley
Publisher: McGraw-Hill Companies
ISBN:
Category : Business & Economics
Languages : en
Pages : 288

Get Book Here

Book Description
From banks to brokerage houses, profitability is the watchword for today's financial institutions. The search is unceasing for better ways to achieve it, maintain it, and defend it against competitive pressures. For some time, managers within financial institutions have been aware of a powerful new tool for cost analysis developed in the manufacturing sector: activity-based costing (ABC). A handful of financial services consultants around the world have been helping their financial services clients to migrate ABC from its birthplace in the manufacturing sector to the world of financial services, where it can be immensely effective as a basis for strategic decisions. It was time for a book that clarifies for general executives how ABC works and what contributions it can make to the formation of winning strategies. And it was time for a practical, comprehensive book that initiates management accountants in the financial services sector into this new approach to cost analysis. The Price Waterhouse Guide to Activity-Based Costing for Financial Institutions is that book. The ABC approach is particularly effective because financial services companies sell services as well as products. Profitability measurement cannot rely on older, more traditional methods of cost accounting, techniques that focus on the costs of raw materials and labor. The Price Waterhouse Guide to Activity-Based Costing for Financial Institutions shows how these firms can use the breakthrough concept of ABC in the same way that other companies manage all activities from the top down, more efficiently. This book explains the methods of this technique, with detailed guidelines that help firms plan for costs before theyoccur, rather than simply monitoring them.

Value and Capital Management

Value and Capital Management PDF Author: Thomas C. Wilson
Publisher: John Wiley & Sons
ISBN: 1118774639
Category : Business & Economics
Languages : en
Pages : 724

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Book Description
A value management framework designed specifically for banking and insurance The Value Management Handbook is a comprehensive, practical reference written specifically for bank and insurance valuation and value management. Spelling out how the finance and risk functions add value in their respective spheres, this book presents a framework for measuring – and more importantly, influencing – the value of the firm from the position of the CFO and CRO. Case studies illustrating value-enhancing initiatives are designed to help Heads of Strategy offer CEOs concrete ideas toward creating more value, and discussion of "hard" and "soft" skills put CFOs and CROs in a position to better influence strategy and operations. The challenge of financial services valuation is addressed in terms of the roles of risk and capital, and business-specific "value trees" demonstrate the source of successful value enhancement initiatives. While most value management resources fail to adequately address the unique role of risk and capital in banks, insurance, and asset management, this book fills the gap by providing concrete, business-specific information that connects management actions and value creation, helping readers to: Measure value accurately for more productive value-based management initiatives and evaluation of growth opportunities Apply a quantitative, risk-adjusted value management framework reconciled with the way financial services shares are valued by the market Develop a value set specific to the industry to inspire initiatives that increase the firm's value Study the quantitative and qualitative management frameworks that move CFOs and CROs from measurement to management The roles of CFO and CRO in financial firms have changed dramatically over the past decade, requiring business savvy and the ability to challenge the CEO. The Value Management Handbook provides the expert guidance that leads CFOs and CROs toward better information, better insight, and better decisions.

Academic Librarianship Today

Academic Librarianship Today PDF Author: Todd Gilman
Publisher: Rowman & Littlefield
ISBN: 1442278765
Category : Language Arts & Disciplines
Languages : en
Pages : 263

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Book Description
Intended for use by both librarians and students in LIS programs, Academic Librarianship Today is the most current, comprehensive overview of the field available today. Key features include: Each chapter was commissioned specifically for this new book, and the authors are highly regarded academic librarians or library school faculty— or both Cutting-edge topics such as open access, copyright, digital curation and preservation, emerging technologies, new roles for academic librarians, cooperative collection development and resource sharing, and patron-driven acquisitions are explored in depth Each chapter ends with thought-provoking questions for discussion and carefully constructed assignments that faculty can assign or adapt for their courses The book begins with Gilman’s introduction, an overview that briefly synthesizes the contents of the contributors’ chapters by highlighting major themes. The main part of the book is organized into three parts: The Academic Library Landscape Today, Academic Librarians and Services Today, and Changing Priorities, New Directions.

Library Journal

Library Journal PDF Author:
Publisher:
ISBN:
Category : Libraries
Languages : en
Pages : 1768

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Book Description


The Journal of Cost Analysis & Management

The Journal of Cost Analysis & Management PDF Author:
Publisher:
ISBN:
Category : Cost accounting
Languages : en
Pages : 536

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Book Description


The Proceedings of the ... Annual Health Care Information & Management Systems Conference

The Proceedings of the ... Annual Health Care Information & Management Systems Conference PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 304

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Book Description


Activity-Based Information Systems

Activity-Based Information Systems PDF Author: Mohan Nair
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
"Much has been written on ABC/M, but it is rare to find implementation secrets put together in such an approachable format."-Ashok Vadgama Manager, Configuration Management and ABM Motorola Whether you are looking to improve your business's bottom line or streamlining your company's financial decisions, Activity-Based Information Systems provides you with the know-how and expert information you need to get started on the road to success. This is the first book of its kind that examines the complex choices and opportunities available to corporations and individuals embarking on the ABC/M journey. Rather than focusing on the pitfalls of establishing this information system, Mohan Nair outlines-in plain English-the seven keys to establishing the proper conditions for a successful ABC/M implementation. In this unique and groundbreaking book, you'll also learn about: * The history and framework behind activity-based information systems * The three factors of technology, people, and processes used in implementation * How to make the critical move from implementation start-up to education, and on through the production phases * Four cases of actual implementation and the unique contribution which ABC/M makes in the pursuit of financially endorsed and IT-maintained operational information * The proper checklist to have for basic evaluations of specific information systems Even the latest high-speed technology and desktop applications now routinely used by corporations around the world, the most essential business information that operating managers and CFOs can use today, is still unreachable. It doesn't have to be. The field of activity-based cost/management (ABC/M) is not simply a cost exercise for technically savvy cost managers; it is a process which can be utilized by nearly any type of business. Implementing an ABC/M project involves focusing on the management of activities as a means to improve the value received by customers, and the subsequent profit achieved by providing this value to customers on a continual basis. The information obtained from ABC and activity-based management (ABM) is quickly becoming vital for operating managers who rely on a high-quality ABC information system to meet their demands. Now, the president of Oregon's ABC Technologies, author Mohan Nair, meets those demands with Activity-Based Information Systems. Providing a framework for implementing activity-based information systems (ABIS), Mr. Nair, using nontechnical language, examines the strategies for technology evaluation and design, their organizational and financial implications, and technology's limitations. Executives will appreciate the success-ful implementation strategies contained in this book-strategies that are not focused on avoiding pitfalls, but utilized to create the conditions for success. With proven insights backed by experience, not doctrines, Mr. Nair explains how most implementations have generally focused on the process and people views of an ABC/M endeavor-yet all three views, including a technological view, must be understood and coexist routinely in order to have a truly successful and continuous implementation of ABC/M. However, the book does not simply demonstrate ABC/M and ABIS concepts. Business managers and consultants alike will value Mohan Nair's perspectives on time-based management, business process reengineering, thruput maximization, budget justification, strategic cost management, and profitability management, as well as how these initiatives relate to ABM. In today's computer-enabled business world, it pays to have an in-depth knowledge of costing, along with an appreciation for capitalizing on the use of systems and software. There is no simple "recipe" for overnight implementation; however, by following Mohan Nair's sevenfold steps to successful ABC/M implementation, your company can create the best conditions for success and meet the future head-on with an activity-based information system that is operationally used, financially endorsed, and IT-maintained.

Forthcoming Books

Forthcoming Books PDF Author: Rose Arny
Publisher:
ISBN:
Category : American literature
Languages : en
Pages : 1756

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Book Description


Charter

Charter PDF Author:
Publisher:
ISBN:
Category : Accountants
Languages : en
Pages : 652

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Book Description


The Cumulative Book Index

The Cumulative Book Index PDF Author:
Publisher:
ISBN:
Category : American literature
Languages : en
Pages : 2312

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Book Description
A world list of books in the English language.