Activity-based costing, or ABC, is a costing method that managers can use for internal cost reporting and decision making. While ABC isn't allowed for external financial reporting, companies may find ...

The healthcare financial environment was already complex, with changing payer requirements and mergers and acquisitions taking place. Then COVID turned healthcare organizations’ finances upside down.

Construction projects require a range of inputs, from labor to various types of materials and tools. Identifying the exact cost of all inputs for specific jobs can be challenging. Costing techniques ...

As health systems develop plans to recover from financial challenges caused by the COVID-19 pandemic, they need to establish more agile enterprise decision support tools and processes to achieve ...

Almost half of UK CMOs (45%) estimate poor data handling risks costing their business between £250,000 and £5m every year, with the average amount £370,000 annually. The latest research, from data ...

“With careful management, most campuses can reduce this number to less than 10 percent,” says the report, “creating over 5 percent ‘free’ classroom capacity (e.g., a campus with 100 classrooms ...

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. David Kindness is a Certified Public Accountant (CPA) and an expert in the ...