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Top 11 Most Common Costing Issues: Issue #4
Attempting to Fix Basic Costing Problems by Buying a New Software Package One of the issues we run across when dealing with clients attempting to resolve costing issues is the idea that technology can...
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Do You Have The Appropriate Costing Insights?
How many more times and ways can I, or we, sat it? When you have a thorough understanding and complete transparency of the costs involved to manufacture your product, it WILL result in so many...
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Establishing a Cost Model: Let’s Start at the Beginning
I received a phone call from a client a few weeks ago asking if our firm had any experience with installing a specific type of software. This company is a very successful manufacturing facility and...
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Is Your Poor Costing Causing Stress?
Distraught, sick, upset, stressed. Did you know these are also side effects of poor, or inadequate product costing? In all the years I have been working on product costing issues, I have never viewed...
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Current Cost Information
I recently attended a meeting with a group of accountants that are specialist in manufacturing. The purpose of the meeting was to review common practices, look for opportunities to serve clients within...
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Are Book Smarts Enough When it Comes To Cost Accounting?
I have noticed lately on LinkedIn that a lot of accountants are adding “Cost Accounting” as their area of expertise. Not to single out anyone in particular, but there are many accountants that I know...
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Fully Loaded
Since this post is right after Thanksgiving with the title Fully Loaded I’m sure many of you are still stuffed from all of the good food I trust you had over Thanksgiving, and hoping this isn’t about...
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Choosing the Right Cost Accounting Software
I was recently talking to a controller who is in the process of selecting a new software program for his manufacturing business. I often feel sympathetic to those that are going through this process....
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Cost System Software Training Is Essential
Last week, Bill Horst and I taught an 8-hour costing seminar in Michigan. We had a great mix of attendees who made the day very enjoyable and educational for everyone. I have no problem talking about...
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Costing Software: Start With Specific Details
While teaching a recent seminar, a common topic of discussion was reporting specifically related to creating dashboards. In today’s costing world, this is a popular topic focus. Not only are...
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