Category Archives: Costing

Out-Of-Date Costing Systems: Don’t You Want to Get Better?

Posted on May 17, 2012 by

Our most recent cost assignment involved a meeting with a client that had a very large manufacturing operation. During the first hour of the discussion, we learned that they were very sophisticated in their manufacturing processes and were state-of-the-art in … Continue reading →

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Capacity Increases…So Costs Decrease??

Posted on April 23, 2012 by

Last week Tara and I presented an educational program to a group of business professionals on the subject of cost accounting and current trends in cost accounting. As always this was an interesting conversation with a number of participants bringing … Continue reading →

Posted in Cost Theories, Costing, Monitoring & Reporting, Overhead Allocations, Reconciliation | Tagged , , , , , , , | Leave a comment

Yet another example of I am making money-all is fine-right?

Posted on December 23, 2011 by

One of our recent assignments related to job costing, concerns a manufacturer that was producing a relatively narrow line of products and had been very successful over the years by limiting their products to a niche that they thoroughly understood. … Continue reading →

Posted in Building the Cost System, Cost Drivers, Costing, Monitoring & Reporting, Reconciliation | Tagged , , , , , | Leave a comment

Back to the Future

Posted on December 12, 2011 by

For those of us who remember this trilogy in earnest, you will recognize the name “McFly” as the slang term it eventually became.  Marty (the main character played by Michael J. Fox) was often accident prone and consistently thought of … Continue reading →

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Big or Small the issues are the same

Posted on December 6, 2011 by

One of the items that amazes me most is the common features I see between the largest cost accounting systems that we run across i.e. those related to multinational, multibillion dollar companies and the accounting costing systems that we see … Continue reading →

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I’m making money-everything must be ok, right?

Posted on November 21, 2011 by

Today’s Blog post is a video post on YouTube.  Please click here to view the post!

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Are we really doing our best?

Posted on November 10, 2011 by

I attended the Northwest Ohio Manufacturing Forum and Expo yesterday. Maybe many of you that are reading this did as well.   I hope if you did you found it resourceful and a good use of time.  It is a little difficult … Continue reading →

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Don’t take the easy way out

Posted on November 3, 2011 by

I read with great interest and approval, Sandy Richardson’s blog entitled “Measure What’s Important, Not What’s Easy”. That has been a theme that I have constantly used with my clients as we have attempted to sort out what sort of … Continue reading →

Posted in Building the Cost System, Cost Drivers, Costing, Monitoring & Reporting, Reconciliation | Tagged , , , , | Leave a comment

Domestic Manufacturing- a thing of the past?

Posted on October 24, 2011 by

I recently came across this quiz in the October issue of CFO magazine.  For those of you who also read it, you know that the answers were at the bottom. I have to admit that I took the quiz and … Continue reading →

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Just take a minute and step back

Posted on September 30, 2011 by

I must admit as I sit here and write this I am feeling a little bit stressed.   In my profession of public accounting and consulting the summer is when I am less busy so I get to do what I … Continue reading →

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