Matrix costing : an integrated approach to cost accounting for the corporate environment

Louw, Andries N. E. (2000-12)

Thesis (MBA)--Stellenbosch University, 2000.

Thesis

ENGLISH ABSTRACT: This study project investigates the existing theoretical foundations of cost accounting, evaluating new cost accounting techniques and exploring the possibility of integrating cost accounting techniques with behavioural science techniques, into a system which will address classic corporate cost accounting dilemmas. Costing can be broken down into two major disciplines: Cost accounting for management and control purposes, and cost accounting for decision making. This study project will focus critically on cost allocation techniques which form the foundation for all cost related performance measurement and cost analyses techniques, which in turn finally form the justification for all decisions made in the company. This study project will attempt to define a new concept called "matrix costing", which entails the integration of various cost allocation techniques into a system, which will be integrated with existing financial accounting systems, while specifically addressing the issue of income allocation for profitability analyses. This will be accomplished by drawing knowledge from the behavioural sciences. This study project is a combination of a literature review and exploratory review of a proposed new concept. It stops short of researching the validity of "matrix costing" as an alternative costing technique. It does, however, lay the theoretical foundations to explore this topic further.

AFRIKAANSE OPSOMMING: Hierdie studieprojek ondersoek die bestaande teoretiese beginsels van kosteberekening, evalueer nuwe kosteberekeningtegnieke en ondersoek die moontlikheid om kosteberekening te integreer met die gedragswetenskappe, met die doel om klassieke korporatiewe kosteberekeningdilemmas op te los. Kosteberekening kan in twee hoofdissiplines verdeel word: Kosteberekening vir bestuur- en beheerdoeleindes, en kosteberekening vir besluitnemingsdoeleindes. Hierdie studieprojek sal krities op die koste-allokasietegnieke fokus, wat die basis vorm vir alle kosteprestasiemeting en koste-analiesetegnieke, wat uiteindelik veronderstel is om alle besluite in die organisasie te regverdig. Hierdie studieprojek sal ook poog om 'n nuwe konsep te definieer, naamlik "matrikskosteberekening". Matriks-kosteberekening behels die integrasie van verskeie koste-allokasietegnieke om 'n nuwe stelsel te vorm, wat met bestaande rekeningkundige stelsels sal integreer, met die doel om die dilemma van inkomste allokasie aan te spreek vir die doeleindes van winsgewendheidsanalise. Dit sal vermag word deur gebruik te maak van kennis verkry uit die gedragswetenskappe. Die studieprojek is 'n kombinasie van 'n literatuuroorsig en 'n verkennende oorsig van die voorgestelde konsep. Die studieprojek sal nie die geldigheid van matrikskosteberekening as 'n alternatief op huidige kosterekeningtegnieke navors nie. Dit sal wel die teoretiese basis daarstel vir die verdere verkenning van die onderwerp.

Please refer to this item in SUNScholar by using the following persistent URL: http://hdl.handle.net/10019.1/51826
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