COMPARISON OF THE TIME DRIVEN ACTIVITY BASED COSTING AND RESOURCE CONSUMPTION ACCOUNTING COST METHODS
Journal Title: Muhasebe ve Vergi Uygulamaları Dergisi - Year 2017, Vol 10, Issue 2
Abstract
In todays’ competitive environment accurate, reliable and timely cost information is important for making true pricing. Therefore, many cost accounting methods were developed. Time Driven Activity Based Costing (TDABC) and Resource Consumption Accounting (RCA) are the new eneration of these methods. These two cost methods were compared and costs were delivered to products by hypothetical sample, so it was tried to reveal common and different aspects of these methods in this study. Activity Based Costing (ABC) is the starting point of both of the methods. While TDABC considers time as a cost driver, RCA considers a lot of cost driver that changes according to the resource. Within the scope of hypothetical sample, it was determined that RCA is more precise in cost delivering so it provides more useful information to managers in their decisions about the cost accounting.
Authors and Affiliations
Tunç KÖSE, Şafak AĞDENİZ
Keywords
Related Articles
- EP ID EP260786
- DOI 10.29067/muvu.328724
- Views 126
- Downloads 0
EARNINGS MANAGEMENT TECHNIQUES IN ACCOUNTING LITERATURE
Earnings management received substantial attention from the accounting academicians. There are three types of earnings management methodsin the literature as: accrual management, real earnings management and classificati...
IMPLEMENTATION OF THE DOLLAR OFFSET METHOD IN THE EFFECTIVENESS TESTS ACCORDING TO HEDGE ACCOUNTING OF DERIVATIVE PRODUCTS
The purpose of this study is to examine the effectiveness tests and methods to be performed according to the Turkish Accounting Standard (TAS) 39 in the hedge accounting. The standard requires hedge to be effective in or...
ANALYSIS OF OCCUPATIONAL COMMITMENT AND JOB SATISFACTION OF ACCOUNTING PROFESSIONALS IN TERMS OF DEMOGRAPHIC FACTORS
Accounting profession is a commonly known profession by and has a large number of members. As in every profession, the efficiency of the employees in the accounting profession depends on how much members of profession li...
INDEPENDENT AUDITING EXPECTATION GAP: A RESEARCH ON TURKEY
The purpose of this study is to comparatively to examine expectation gap in independent auditing in terms of the auditors of independent audit firms in Turkey and the managers of the companies benefiting from the audit s...
FUZZY TIME DRIVEN ACTIVITY BASED COSTING SYSTEM: AN IMPLEMENTATION IN A HOSPITAL
Cost calculation is important for the provision of more efficient health services to public. Hospital services are complicated enough to affect the results of service activities. Thus, the determination of cost drivers...