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The UVA method (fr. Méthode des Unités de Valeur Ajoutée - the Value-added Unit Method) is an accounting and decision-making tool, based on calculating the cost of sales. Unlike management accounting, which calculates product margins, the UVA method calculates the result (profit or loss) generated by each sale.
A product software implementation method is a blueprint to get users and/or organizations running with a specific software product. The method is a set of rules and views to cope with the most common issues that occur when implementing a software product: business alignment from the organizational view and acceptance from human view.
Product-based planning is a fundamental part of the PRINCE2 approach to project management, and is a method of identifying all of the products (project deliverables) that make up or contribute to delivering the objectives of the project, and the associated work required to deliver them. The documents which define the Project itself are also ...
Activity-based management focuses on managing activities to reduce costs and improve customer value. Kaplan and Cooper [1] divide ABM into operational and strategic: Operational ABM is about doing things right, using ABC information to improve efficiency. Those activities which add value to the product can be identified and improved.
An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources. The resulting financial reports can be used internally by management or externally by other interested parties including investors , creditors and tax authorities.
Cost classifications based on functions, activities, products, processes and on the information needs of the organization in its planning and control. Cost classifications based on the types of transactions. Combines objective and subjective assessment of costs contributing to a standard result. Aims to present a 'true and fair' view of ...
while financial accountancy information is historical, management accounting information is primarily forward-looking [9] [self-published source?]; while financial accountancy information is case-based, management accounting information is model-based with a degree of abstraction in order to support generic decision making;
Job costing or cost accounting can be used in virtually any industry (especially service industry) to ensure that the product pricing covers actual costs, overhead and provides a profit. The purpose of any business is to make money, and job costing is the most effective way to ensure that occurs.