Why managers use cost allocations: a research note

Article Abstract:

An empirical study on the usage of cost allocations for managerial decisions shows that cost allocations are likely to be used when there is uncertainty and decisions cannot be reversed. Full costs tend not to be used if there is certainty or if decisions can be reversed. Full costs can be used as a guide to opportunity costs. The sample studied comprised of 72 managers each given four cases relating to different companies, and tackling the problems over a period of from 45 minutes to one hour.

Author: Wouters, Marc J.F.
Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Financial Management, Cost accounting, Managerial accounting

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The portfolio of knowledge required by industry specialist auditors

Article Abstract:

A method to analyze the skills and knowledge essential for industry specialist auditors is presented.

Author: Simnett, Roger, Wright, Arnold
United States, Personnel administration, Capital funds & cash flow, Accounting and auditing, Education, Training, Accounting, Auditors, Industry, Industries, Accounting procedures

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Subjects list: Analysis
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