000			04069nam a2200577 i 4500
001			9781631578809
003			BEP
005			20240726104651.0
008			181212s2019 nyua foab 001 0 eng d
020			_a9781631578809 _q((electronic)l(electronic)ctronic)-book
040			_aCaBNVSL _beng _erda _cCaBNVSL _dCaBNVSL
050	0	4	_aHF5681 _b.S773 2019
100	1		_aYu-Lee, Reginald Tomas, _d1964-, _e1
245	1	0	_aStrategic cost transformation : _busing business domain management to improve cost data, analysis, and management / _cReginald Tomas Lee.
250			_aFirst edition.
260			_aNew York, New York (222 East 46th Street, New York, NY 10017) : _bBusiness Expert Press, _c(c)2019.
300			_a1 online resource (xxvii, 148 pages) : _billustrations.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_adata file _2rda
490	1		_aManagerial accounting collection,
504			_a2
505	0	0	_aPart I. The issue -- _tPart II. The theory -- _tPart III. The Execution -- _tAbout the author -- _tIndex.
520	3		_aWhether 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.
530			_a2 _ub
530			_aAlso available in printing.
538			_aMode of access: World Wide Web.
538			_aSystem requirements: Adobe Acrobat reader.
588			_aTitle from PDF title page (viewed on December 12, 2018).
650		0	_aCash basis accounting.
650		0	_aCost accounting.
653			_aBCR
653			_abusiness cash requirements
653			_acapacity management
653			_acash
653			_acost reduction
653			_acosts
653			_aefficiency
653			_aeffectivity
653			_ainput capacity
653			_aisocash curve
653			_ametrics
653			_aoptimization
653			_aoutput capacity
653			_aproduct profitability
653			_aproductivity
653			_aprofit
856	4	1	_uhttps://go.openathens.net/redirector/ciu.edu?url=https://portal.igpublish.com/iglibrary/search/BEPB0000830.html _zClick here to access this RESOURCE ONLINE | Login using your my.ciu username & password
942			_c1 _D _eBEP _hHF5681.C28 _m(c)2019 _QOB _R _x _8NFIC _dCynthia Snell
999			_c74287 _d74287
902			_a1 _bCynthia Snell _c1 _dCynthia Snell