Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Analyzing costs can help companies make strategic, financially sound decisions. Activity-based costing and absorption costing are two popular accounting methods that companies employ when evaluating ...

The COVID-19 pandemic has strained hospital revenue because of reduced patient volumes and expenses related to the virus. To improve their financial picture, organizations must make cost-reduction ...

WEST LAFAYETTE, Ind. -- In the wake of corporate downsizing, massive layoffs and reorganization, companies are turning to a more efficient accounting system to help them further reduce costs and ...

Trincon Group has developed an operations manual that will instruct trucking companies on incorporating activity-based costing strategies to measure and Trincon Group has developed an operations ...

Value in health care is defined as outcomes achieved per dollar spent, and understanding cost is critical to delivering high-value care. Traditional costing methods reflect charges rather than ...

At the Becker’s Hospital Review Annual Meeting in Chicago on May 10, Michael J. Goldberg, MD, MBA, of NorthShore University HealthSystem, explored endoscopy suite activity-based costing as an integral ...

The economy is always a hot topic, whether it’s a boom or a bust. While it moves in cycles, there are ways to help your company thrive amid the fluctuation. One of those, Justin Springer said, is an ...

Activity-based costing systems, known as ABC systems in practice, are not compliant with generally accepted accounting principles. However, this does not mean that ABC systems aren't useful. ABC ...

Companies need accounting systems to track the costs of their operations. Two of the most commonly used systems are traditional costing and activity-based costing. One of these is easy to use and ...

Judging by the number of customer enquiries about it, we appear to be in the middle of another wave of enthusiasm for activity-based costing (ABC). In theory, ABC is a powerful analytical tool for ...

Applying the ASCO and European Society for Medical Oncology Value Frameworks to Nasopharyngeal Cancer Treatments: Is Adding Induction Chemotherapy or Adjuvant Chemotherapy to Concurrent ...