Strategic cost management not only leads to incremental performance improvement but also to transformational change across the value chain. Strategic costing is viewed as part of a larger business process to influence decisions on pricing and profitability across several dimensions: product, customer, region, and distribution channel. Learn how your costing process aligns with industry best practices, and be on the leading edge of emerging practices such as value chain costing, shared services costing and outsourcing. Understand how German Cost Accounting and Resource Consumption Accounting are being put into practice.
IMA's "Costing Methodologies and Cost Management Practices in the Peoples' Republic of China (PRC)" is a two-year study created to understand the development of Chinese accounting standards and accounting systems, as well as the cost accounting system and cost management practices of Chinese enterprises. The study examines the costing practices of a variety of Chinese enterprises, more than 200 Chinese state-owned enterprises, listed companies, and privately-owned companies.