Strategic cost transformation: using business domain management to improve cost data, analysis, and management
Part I. The issue -- Part II. The theory -- Part III. The Execution -- About the author -- Index
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
New York, New York (222 East 46th Street, New York, NY 10017)
Business Expert Press
2019
|
| Ausgabe: | First edition |
| Schriftenreihe: | Managerial accounting collection
|
| Schlagworte: | |
| Online-Zugang: | FHN01 UBY01 URL des Erstveröffentlichers |
| Zusammenfassung: | Part I. The issue -- Part II. The theory -- Part III. The Execution -- About the author -- Index Whether considered a goal or an objective, one thing is for certain; to survive and thrive, companies need to make money. To be effective at making money, employees need tools, models, and insights that lead to decisions that enable improved cash generation. We typically look to and rely on accounting information as a basis for these analyses and the resulting decisions. In my last book, Lies, Damned Lies, and Cost Accounting, I argued cost accounting is ill-equipped to provide cash information about a company. It wasn't a knock on cost accounting. Instead, it pointed out we are asking cost accounting to do something and provide information it wasn't designed for. Upon reading Lies, many asked, "If cost accounting isn't what we should use for cash information, what should we use?" Enter Business Domain Management, or BDM. BDM is an organizational and financial framework that breaks companies into two business domains, the Operations and Cash or OC Domain and the Accounting Domain. The OC Domain is where business and cash transactions occur; where work happens, and money is spent and received. It is in the OC Domain where we make decisions that affect the rate cash enters and leaves the company, and it is here where we know if we have made money or not, before we've calculated a single cost. The Accounting Domain is where we account for what happened in the OC Domain. This is where we traditionally looked for cash data. The BDM framework provides a powerful model for understanding operational and financial performance in its entirety, and it far exceeds anything accounting can provide on its own. Strategic Cost Transformation takes you on a journey from focusing on accounting information to having a corporate-wide model that creates alignment between areas in companies where there is usually misalignment--operations, cash, and accounting |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | 1 Online-Ressource (xxvii, 148 pages) |
| ISBN: | 9781631578809 9781631578793 |
Internformat
MARC
| LEADER | 00000nmm a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV047177477 | ||
| 003 | DE-604 | ||
| 005 | 20240422 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 210305s2019 |||| o||u| ||||||eng d | ||
| 020 | |a 9781631578809 |9 978-1-63157-880-9 | ||
| 020 | |a 9781631578793 |9 978-1-63157-879-3 | ||
| 035 | |a (ZDB-191-BEX)9781631578809 | ||
| 035 | |a (OCoLC)1080441170 | ||
| 035 | |a (DE-599)BVBBV047177477 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-92 |a DE-706 | ||
| 082 | 0 | |a 657.72 |2 23 | |
| 100 | 1 | |a Yu-Lee, Reginald Tomas |d 1964- |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Strategic cost transformation |b using business domain management to improve cost data, analysis, and management |c Reginald Tomas Lee |
| 250 | |a First edition | ||
| 264 | 1 | |a New York, New York (222 East 46th Street, New York, NY 10017) |b Business Expert Press |c 2019 | |
| 300 | |a 1 Online-Ressource (xxvii, 148 pages) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a Managerial accounting collection | |
| 500 | |a Includes bibliographical references and index | ||
| 520 | |a Part I. The issue -- Part II. The theory -- Part III. The Execution -- About the author -- Index | ||
| 520 | |a Whether considered a goal or an objective, one thing is for certain; to survive and thrive, companies need to make money. To be effective at making money, employees need tools, models, and insights that lead to decisions that enable improved cash generation. We typically look to and rely on accounting information as a basis for these analyses and the resulting decisions. In my last book, Lies, Damned Lies, and Cost Accounting, I argued cost accounting is ill-equipped to provide cash information about a company. It wasn't a knock on cost accounting. Instead, it pointed out we are asking cost accounting to do something and provide information it wasn't designed for. Upon reading Lies, many asked, "If cost accounting isn't what we should use for cash information, what should we use?" Enter Business Domain Management, or BDM. BDM is an organizational and financial framework that breaks companies into two business domains, the Operations and Cash or OC Domain and the Accounting Domain. The OC Domain is where business and cash transactions occur; where work happens, and money is spent and received. It is in the OC Domain where we make decisions that affect the rate cash enters and leaves the company, and it is here where we know if we have made money or not, before we've calculated a single cost. The Accounting Domain is where we account for what happened in the OC Domain. This is where we traditionally looked for cash data. The BDM framework provides a powerful model for understanding operational and financial performance in its entirety, and it far exceeds anything accounting can provide on its own. Strategic Cost Transformation takes you on a journey from focusing on accounting information to having a corporate-wide model that creates alignment between areas in companies where there is usually misalignment--operations, cash, and accounting | ||
| 650 | 4 | |a Cash basis accounting | |
| 650 | 4 | |a Cost accounting | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |z 9781631578793 |
| 856 | 4 | 0 | |u https://portal.igpublish.com/iglibrary/search/BEPB0000830.html |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-191-BEX | ||
| 999 | |a oai:aleph.bib-bvb.de:BVB01-032582832 | ||
| 966 | e | |u https://portal.igpublish.com/iglibrary/search/BEPB0000830.html |l FHN01 |p ZDB-191-BEX |x Verlag |3 Volltext | |
| 966 | e | |u https://portal.igpublish.com/iglibrary/search/BEPB0000830.html |l UBY01 |p ZDB-191-BEX |x Verlag |3 Volltext | |
Datensatz im Suchindex
| _version_ | 1804182264367546368 |
|---|---|
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Yu-Lee, Reginald Tomas 1964- |
| author_facet | Yu-Lee, Reginald Tomas 1964- |
| author_role | aut |
| author_sort | Yu-Lee, Reginald Tomas 1964- |
| author_variant | r t y l rty rtyl |
| building | Verbundindex |
| bvnumber | BV047177477 |
| collection | ZDB-191-BEX |
| ctrlnum | (ZDB-191-BEX)9781631578809 (OCoLC)1080441170 (DE-599)BVBBV047177477 |
| dewey-full | 657.72 |
| dewey-hundreds | 600 - Technology (Applied sciences) |
| dewey-ones | 657 - Accounting |
| dewey-raw | 657.72 |
| dewey-search | 657.72 |
| dewey-sort | 3657.72 |
| dewey-tens | 650 - Management and auxiliary services |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| edition | First edition |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>03680nmm a2200433zc 4500</leader><controlfield tag="001">BV047177477</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20240422 </controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">210305s2019 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781631578809</subfield><subfield code="9">978-1-63157-880-9</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781631578793</subfield><subfield code="9">978-1-63157-879-3</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-191-BEX)9781631578809</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1080441170</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047177477</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-92</subfield><subfield code="a">DE-706</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">657.72</subfield><subfield code="2">23</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Yu-Lee, Reginald Tomas</subfield><subfield code="d">1964-</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Strategic cost transformation</subfield><subfield code="b">using business domain management to improve cost data, analysis, and management</subfield><subfield code="c">Reginald Tomas Lee</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">First edition</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">New York, New York (222 East 46th Street, New York, NY 10017)</subfield><subfield code="b">Business Expert Press</subfield><subfield code="c">2019</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (xxvii, 148 pages)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Managerial accounting collection</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Includes bibliographical references and index</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Part I. The issue -- Part II. The theory -- Part III. The Execution -- About the author -- Index</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Whether considered a goal or an objective, one thing is for certain; to survive and thrive, companies need to make money. To be effective at making money, employees need tools, models, and insights that lead to decisions that enable improved cash generation. We typically look to and rely on accounting information as a basis for these analyses and the resulting decisions. In my last book, Lies, Damned Lies, and Cost Accounting, I argued cost accounting is ill-equipped to provide cash information about a company. It wasn't a knock on cost accounting. Instead, it pointed out we are asking cost accounting to do something and provide information it wasn't designed for. Upon reading Lies, many asked, "If cost accounting isn't what we should use for cash information, what should we use?" Enter Business Domain Management, or BDM. BDM is an organizational and financial framework that breaks companies into two business domains, the Operations and Cash or OC Domain and the Accounting Domain. The OC Domain is where business and cash transactions occur; where work happens, and money is spent and received. It is in the OC Domain where we make decisions that affect the rate cash enters and leaves the company, and it is here where we know if we have made money or not, before we've calculated a single cost. The Accounting Domain is where we account for what happened in the OC Domain. This is where we traditionally looked for cash data. The BDM framework provides a powerful model for understanding operational and financial performance in its entirety, and it far exceeds anything accounting can provide on its own. Strategic Cost Transformation takes you on a journey from focusing on accounting information to having a corporate-wide model that creates alignment between areas in companies where there is usually misalignment--operations, cash, and accounting</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Cash basis accounting</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Cost accounting</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="z">9781631578793</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://portal.igpublish.com/iglibrary/search/BEPB0000830.html</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-191-BEX</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-032582832</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://portal.igpublish.com/iglibrary/search/BEPB0000830.html</subfield><subfield code="l">FHN01</subfield><subfield code="p">ZDB-191-BEX</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://portal.igpublish.com/iglibrary/search/BEPB0000830.html</subfield><subfield code="l">UBY01</subfield><subfield code="p">ZDB-191-BEX</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
| id | DE-604.BV047177477 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T16:44:55Z |
| indexdate | 2024-07-10T09:04:47Z |
| institution | BVB |
| isbn | 9781631578809 9781631578793 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-032582832 |
| oclc_num | 1080441170 |
| open_access_boolean | |
| owner | DE-92 DE-706 |
| owner_facet | DE-92 DE-706 |
| physical | 1 Online-Ressource (xxvii, 148 pages) |
| psigel | ZDB-191-BEX |
| publishDate | 2019 |
| publishDateSearch | 2019 |
| publishDateSort | 2019 |
| publisher | Business Expert Press |
| record_format | marc |
| series2 | Managerial accounting collection |
| spelling | Yu-Lee, Reginald Tomas 1964- Verfasser aut Strategic cost transformation using business domain management to improve cost data, analysis, and management Reginald Tomas Lee First edition New York, New York (222 East 46th Street, New York, NY 10017) Business Expert Press 2019 1 Online-Ressource (xxvii, 148 pages) txt rdacontent c rdamedia cr rdacarrier Managerial accounting collection Includes bibliographical references and index Part I. The issue -- Part II. The theory -- Part III. The Execution -- About the author -- Index Whether considered a goal or an objective, one thing is for certain; to survive and thrive, companies need to make money. To be effective at making money, employees need tools, models, and insights that lead to decisions that enable improved cash generation. We typically look to and rely on accounting information as a basis for these analyses and the resulting decisions. In my last book, Lies, Damned Lies, and Cost Accounting, I argued cost accounting is ill-equipped to provide cash information about a company. It wasn't a knock on cost accounting. Instead, it pointed out we are asking cost accounting to do something and provide information it wasn't designed for. Upon reading Lies, many asked, "If cost accounting isn't what we should use for cash information, what should we use?" Enter Business Domain Management, or BDM. BDM is an organizational and financial framework that breaks companies into two business domains, the Operations and Cash or OC Domain and the Accounting Domain. The OC Domain is where business and cash transactions occur; where work happens, and money is spent and received. It is in the OC Domain where we make decisions that affect the rate cash enters and leaves the company, and it is here where we know if we have made money or not, before we've calculated a single cost. The Accounting Domain is where we account for what happened in the OC Domain. This is where we traditionally looked for cash data. The BDM framework provides a powerful model for understanding operational and financial performance in its entirety, and it far exceeds anything accounting can provide on its own. Strategic Cost Transformation takes you on a journey from focusing on accounting information to having a corporate-wide model that creates alignment between areas in companies where there is usually misalignment--operations, cash, and accounting Cash basis accounting Cost accounting Erscheint auch als Druck-Ausgabe 9781631578793 https://portal.igpublish.com/iglibrary/search/BEPB0000830.html Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Yu-Lee, Reginald Tomas 1964- Strategic cost transformation using business domain management to improve cost data, analysis, and management Cash basis accounting Cost accounting |
| title | Strategic cost transformation using business domain management to improve cost data, analysis, and management |
| title_auth | Strategic cost transformation using business domain management to improve cost data, analysis, and management |
| title_exact_search | Strategic cost transformation using business domain management to improve cost data, analysis, and management |
| title_exact_search_txtP | Strategic cost transformation using business domain management to improve cost data, analysis, and management |
| title_full | Strategic cost transformation using business domain management to improve cost data, analysis, and management Reginald Tomas Lee |
| title_fullStr | Strategic cost transformation using business domain management to improve cost data, analysis, and management Reginald Tomas Lee |
| title_full_unstemmed | Strategic cost transformation using business domain management to improve cost data, analysis, and management Reginald Tomas Lee |
| title_short | Strategic cost transformation |
| title_sort | strategic cost transformation using business domain management to improve cost data analysis and management |
| title_sub | using business domain management to improve cost data, analysis, and management |
| topic | Cash basis accounting Cost accounting |
| topic_facet | Cash basis accounting Cost accounting |
| url | https://portal.igpublish.com/iglibrary/search/BEPB0000830.html |
| work_keys_str_mv | AT yuleereginaldtomas strategiccosttransformationusingbusinessdomainmanagementtoimprovecostdataanalysisandmanagement |