Challenges and Solutions in Management Accounting - Implementation of Target Costing in the Industry of Equipment Production
Target costing management, although it has been around for a long time, has only recently attracted the attention of companies. Its adoption was imposed by the intense competition that characterizes today's markets. Nowadays it is imperative for the companies to get involved in setting the cost...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Dunarea de Jos University of Galati
2020-12-01
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| Series: | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
| Subjects: | |
| Online Access: | http://www.eia.feaa.ugal.ro/images/eia/2020_3/Isai_Geru.pdf |
| _version_ | 1818962163647119360 |
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| author | Violeta Maria Isai Cristina Geru |
| author_facet | Violeta Maria Isai Cristina Geru |
| author_sort | Violeta Maria Isai |
| collection | DOAJ |
| description | Target costing management, although it has been around for a long time, has only recently attracted the attention of companies. Its adoption was imposed by the intense competition that characterizes today's markets. Nowadays it is imperative for the companies to get involved in setting the costs of products and services in a more active and aggressive way from one year to the next. The purpose of the research in the present study is the analysis of the possibilities of implementing this method within the car manufacturing companies. Two research directions were pursued: a conceptual one, through the contribution brought to the increase of the knowledge of the managerial accounting and of the way of its organization and a practical one, by accessing and respectively the modernization of the cost calculation methodology in the mentioned sector. |
| first_indexed | 2024-12-20T12:24:57Z |
| format | Article |
| id | doaj.art-19d8a5abf1d34961a78da577b1200aed |
| institution | Directory Open Access Journal |
| issn | 1584-0409 1584-0409 |
| language | English |
| last_indexed | 2024-12-20T12:24:57Z |
| publishDate | 2020-12-01 |
| publisher | Dunarea de Jos University of Galati |
| record_format | Article |
| series | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
| spelling | doaj.art-19d8a5abf1d34961a78da577b1200aed2022-12-21T19:40:52ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04091584-04092020-12-012637579Challenges and Solutions in Management Accounting - Implementation of Target Costing in the Industry of Equipment ProductionVioleta Maria Isai0Cristina Geru1Dunarea de Jos University of Galati, RomaniaDunarea de Jos University of Galati, RomaniaTarget costing management, although it has been around for a long time, has only recently attracted the attention of companies. Its adoption was imposed by the intense competition that characterizes today's markets. Nowadays it is imperative for the companies to get involved in setting the costs of products and services in a more active and aggressive way from one year to the next. The purpose of the research in the present study is the analysis of the possibilities of implementing this method within the car manufacturing companies. Two research directions were pursued: a conceptual one, through the contribution brought to the increase of the knowledge of the managerial accounting and of the way of its organization and a practical one, by accessing and respectively the modernization of the cost calculation methodology in the mentioned sector.http://www.eia.feaa.ugal.ro/images/eia/2020_3/Isai_Geru.pdftarget priceprofit margintarget costtarget cost index |
| spellingShingle | Violeta Maria Isai Cristina Geru Challenges and Solutions in Management Accounting - Implementation of Target Costing in the Industry of Equipment Production Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics target price profit margin target cost target cost index |
| title | Challenges and Solutions in Management Accounting - Implementation of Target Costing in the Industry of Equipment Production |
| title_full | Challenges and Solutions in Management Accounting - Implementation of Target Costing in the Industry of Equipment Production |
| title_fullStr | Challenges and Solutions in Management Accounting - Implementation of Target Costing in the Industry of Equipment Production |
| title_full_unstemmed | Challenges and Solutions in Management Accounting - Implementation of Target Costing in the Industry of Equipment Production |
| title_short | Challenges and Solutions in Management Accounting - Implementation of Target Costing in the Industry of Equipment Production |
| title_sort | challenges and solutions in management accounting implementation of target costing in the industry of equipment production |
| topic | target price profit margin target cost target cost index |
| url | http://www.eia.feaa.ugal.ro/images/eia/2020_3/Isai_Geru.pdf |
| work_keys_str_mv | AT violetamariaisai challengesandsolutionsinmanagementaccountingimplementationoftargetcostingintheindustryofequipmentproduction AT cristinageru challengesandsolutionsinmanagementaccountingimplementationoftargetcostingintheindustryofequipmentproduction |