DISPELLING TWO MYTHS OF MODERN COST MANAGEMENT

摘要

Today's cost management systems are critically flawed because of two underlying assumptions that are nearly universally held. First, that all users of cost and other financial information require the same type of information; and second, that most, if not all, cost data must result from accounting transactions that can be traced to a general ledger account. Unless these assumptions are exposed as myths, the cost management profession risks margin-alization of its role as the organization's primary information provider.