This class was created by Brainscape user Anna Christiansen. Visit their profile to learn more about the creator.

Decks in this class (19)

Lecture 1+2 - Introduction to Cost management
Describe cost management in general,
What is the accounting perspectiv...,
Describe different tools in cost ...
8  cards
Lecture 2 - Elements of cost management
What is the definition of a cost,
Describe the four levers for cost...,
Describe the difference between t...
10  cards
Lecture 3 - Double entry bookkeeping
Why did double entry bookkeeping ...,
What is the link between bookkeep...,
Describe the four stages of a cos...
8  cards
Lecture 4 - Single entry bookkeeping. Variability accounting
Describe variability accounting,
Describe the basic content of a r...,
What is meant by natural cost and...
9  cards
Lecture 5 - ERP systems & SAP HANA
Describe the er databases,
What is the definitions of a data...,
Describe the concepts of entity r...
11  cards
Lecture 6 - A technique to manage step variable cost
Describe the contribution margin ...,
Name some different descriptions ...,
Describe the cost accounting syst...
10  cards
Lecture 7 - Activity based costing
Describe abc in general and its f...,
Describe the benefits of activity...,
Describe the pitfalls of activity...
15  cards
Lecture 9+10 - Hierarchical + Time-driven ABC
Describe the hierarchy of factory...,
Describe the difference between u...,
Describe the five steps from the ...
13  cards
Lecture 11+13 - German cost accounting
Describe paul riebel s purpose ne...,
What is accrual accounting,
Describe replacement costs
20  cards
Lecture 12 - Marginal costing, GPK & PK
Describe the basic idea of,
Describe the three principles for...,
Describe the different cost categ...
7  cards
Lecture 15 - Japaneese costing
Describe the set of accounting st...,
Describe the relation between pro...,
Describe kousuu gentan i
8  cards
Lecture 16 - Target costing & Kaizen costing
Describe target costing in general,
Describe target costing in general,
Describe two different approaches...
13  cards
Lecture 17 - Theory of constraint / TOC
Describe toc step by step,
Describe product costing by goldratt,
Describe the invisible inventory
6  cards
Lecture 18 - Quality control
Describe quality costing in general,
Describe the four levels of quali...,
Describe quality costs quality re...
10  cards
Lecture 19+20 - Strategic management accounting
Describe strategic management in ...,
Describe bromwich s economic eye,
Describe the strategic management...
10  cards
Lecture 21 - SMA + SCM + Value chain analysis
Describe strategic cost managemen...,
Describe qualitative dimensions i...,
Describe the problems of using tr...
10  cards
Lecture 22 - Strategic management. TCO
Describe total cost of ownership ...,
Describe challenges barriers to t...,
Which decisions is supported by tco
9  cards
Lecture 23 - Inter-organizational relationships
Describe different considerations...,
Describe an inter organizational ...,
Describe the main drivers for int...
11  cards
Lecture 24 - Open book accounting
What is open book accounting in g...,
Describe oba benefits,
Describe the reasons for not impl...
14  cards

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Cost Management

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