Cost Management: A managers' guide to controlling costs and increasing profits

Name: Cost Management: A managers' guide to controlling costs and increasing profits
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Cost Management: A managers' guide to controlling costs and increasing profits Details

Description
Physical Features

ISBN 13: 9789774557163
Publisher: Dar El Farouk
Book Description: Dear reader - You read the financial reports presented to you, but how do you ensure that the numbers contained therein are accurate and that they measure everything they are supposed to measure correctly and that they have been compiled in a logical manner? The truth of the numbers contained in the reports is affected by the assumptions on which they are based, and is also affected by the methods of evaluating and preparing them. Therefore, be sure to play a positive role in determining the quality of the information provided to you by understanding the methods of compiling it, in order to evaluate it better. Hence, this book provides you with clear and focused information on everything related to financial information reports, and it also provides you with a practical approach. It helps you understand this information by highlighting cost management, analysis, and monitoring, which helps you manage your organization more efficiently. The book also covers all aspects related to budgeting and costs since it mainly targets manufacturing and service organizations. In the budget part, you will learn about some topics, such as: how to prepare the budget and understand the impact of each item in it on the institution’s comprehensive plan, and the extent to which measurement systems contribute to achieving the institution’s strategic goals. As for the part related to costs, it addresses some aspects such as: how to use a comprehensive approach to calculate costs that can be applied in all cases - whether to a product, service, process, project, or program, the method of preparing accurate reports on costs for both manufacturing institutions and service institutions, and a method for preparing accurate reports on costs for both manufacturing institutions and service institutions. Linking information on costs and operations taking place within the company to identify development opportunities. Finally, the book discusses the differences between ancient and modern approaches in the field of cost management.
Language: Arabic
Author: Leannabelle Oliver