Called TDABC (time-driven activity-based costing), it attempted to relate the measurement of cost to time.

ECONOMIST: Idea

The development of business accounting software programs has made the introduction of activity-based costing more feasible.

ECONOMIST: Idea

Introducing activity-based costing is not a simple task it is by no means as easy as ABC.

ECONOMIST: Idea

In 2007 Kaplan brought out a new book that tried to make activity-based costing easier.

ECONOMIST: Idea

Activity-based costing became popular in the early 1980s largely because of growing dissatisfaction with traditional ways of allocating costs.

ECONOMIST: Idea

Setting up an activity-based costing system is a prerequisite for improving business processes and for any re-engineering programme (see article).

ECONOMIST: Idea