TIME-DRIVEN ACTIVITY-BASED COSTING AS A TOOL OF BUILDING AN INTEGRATED MANAGEMENT SYSTEM

Mirjana Todorovic

DOI Number
-
First page
45
Last page
57

Abstract


The implementation of the defined strategies and achieving operational excellence are inextricably linked and equally important for achieving excellent enterprise performance. Achieving success within both of these vital management processes, strategic and operational, and within enterprise management in general, requires the development and implementation of an integrated approach. In this regard, theory and practice have come up with different approaches. The aim of this paper is to identify opportunities for the use of Time-driven Activity-based Costing (TDABC), for the purpose of linking strategic and operational management. The analysis has shown that TDABC has outstanding performance, to be applied both in the field of strategic and operational management individually, and more importantly, in the domain of their integration.


Keywords

Strategic and Operational management, Performance Measurement, Cost Accounting, Time-driven Activity-based Costing (TDABC)

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