Budgeting & Cost Accounting
Budgeting and Cost Accounting
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Process Cost Accounting SiteMap
  • Combines cost of cross functional activities
  • Uses Activity Based Costing form of cost accounting as a basis for budgeting
  • Usually 4-8 major cross functional operating processes
    • Create service/manufacture product
    • Market & sell
    • Acquire supplies/raw material
    • Invoice and Collect
  • Support processes include
    • Produce and distribute information
    • Hire & train employees
    • Provide communications service
    • Provide computer services
    • Provide facilities

Financial statements would report cross functional business processes cost rather than traditional department costs. 

Call or email below John Antos at 972-980-7407 to find out how Next Generation Budgeting can help you reach your goals and give you peace.

Email us to find out how Next Generation Budgeting Will Make You More Successful.

Have a Next Generation Budgeting Specialist contact me

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Phone: 972.980.7407 email: Contact us
Value Creation Group, Inc.
7820 Scotia Dr. #2000
Dallas, TX 75248

 

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