Activity Based Costing in Financial Institutions (Financial Times Series) Book

Activity-based Costing in Financial Institutions examines the increased pressures of profitability faced by financial institutions and provides techniques and tools that can bring about significant changes in management behaviour by focusing attention on expenditure patterns and operational processes. This book, now in its second edition, introduces strategic value enhancement and considers how Activity-based techniques can support this. It includes: *A review of the different uses of Activity-based Costing within Financial institutions, including the problems most frequently encountered*A focus on strategic value management which identifies the principal uses of Activity-based Costing and relates them to different types of financial institution*The mechanics of calculating Activity-based costs*An approach to implementing an Activity-based information system through 24 basic steps grouped into 6 broad phases. With case-studies, tables and chapter summaries running throughout, Activity-based Costing in Financial Institutions provides the means to understanding the behaviour of all costs within an organisation and explains how these costs can be managed more effectively.Read More