The Institute of Management Accountants has released a new report explaining how accountants can improve their organization’s costing models, tools and information to support better decision making.

The healthcare financial environment was already complex, with changing payer requirements and mergers and acquisitions taking place. Then COVID turned healthcare organizations’ finances upside down.

Labor costing systems are methods of resource allocation to both pay employees and ensure a business achieves the highest profit possible from wages paid. A labor costing system can use process cost ...

The implementation of a cost accounting system is an important step for a growing small business. Implementation begins with identification of the correct costing system for the business, moves on to ...

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 ...

Years ago, I implemented what was considered the most advanced hospital Decision Support System (DSS) existing at the time. It was impressive, but complex, cumbersome and slow. It took a contingent of ...

Trincon Group, Columbus, Ohio, launched the Profoma Costing Model, based on the Tru-cost Based Costing System, designed to help transportation companies evaluate their profitability and counteract the ...

Transportation Costing Group (TCG) announces an upgrade to the LTL Cost Information System, the less-than-truckload application of TCG's motor carrier Transportation Costing Group (TCG) announces an ...

The industry buzzword “rightsizing” has largely been associated with a focus on shrinking equipment fleets, yet one area that is regularly overlooked and arguably just as important to consider is the ...

HOUSTON, June 9 /PRNewswire/ -- With a strong track record among major North American based corporations, Acorn Systems' leading profit improvement and Activity Based Costing solutions are now ...

TCG, an SMC3 company and providers of Activity-Based Costing and Profitability Management Tools for truckload and less-than-truckload motor carriers, announced that Old Dominion Freight Line has ...