Technical and Economic Indicators of Strategic Management Accounting in the Development Companies Based on the Life Cycle of the Produce
DOI:
https://doi.org/10.6000/1929-4409.2020.09.333Keywords:
Management accounting, Life cycle costing, Target costing, Direct costing, Development, Costs, Sales, Control.Abstract
This article discusses the issues of technical and economic indicators of strategic management of a development company and the application of modern management accounting methods. We have analyzed various scientific studies of scientists in the field of product life cycle management and it was found that now this area is very popular and there is a demand for it from modern companies. In that reason for effective control and project planning, it has been proposed to use the Life Cycle Costing method, which can be successfully applied to development. This system was supplemented by the method of Target Costing, which is used for the target cost management. Using this method, the target price was determined, which was used to determine the acceptable margin of the development project at the planning stage. An interaction scheme of responsibility centers was proposed in order to achieve the implementation and effective operation of these systems, which allowed to reduce costs and accelerate sales. Using this proposal, it was possible to reduce design errors that led to significant additional costs.
References
Allacker, K., F. De Troyer, D. Trigaux, T. Geerken, W. Debacker, C. Spirinckx, J. Van Dessel, A. Janssen, L. Delem, and K. Putzeys. 2013. "SuFiQuaD: sustainability, financial and quality evaluation of dwelling types." Belgian Science Policy (BELSPO), Brussels.
Biancone, P. Pietro et al. (2020) ‘The bibliometric analysis of Islamic banking and finance’, Journal of Islamic Accounting and Business Research. https://doi.org/10.1108/JIABR-08-2020-0235 DOI: https://doi.org/10.1108/JIABR-08-2020-0235
Buana, G. K., Hudaefi, F. A. and Caraka, R. E. (2020) ‘Islamic Banking Performance: A Bibliometric Review’, preprints. https://doi.org/10.20944/preprints202012.0056.v1 DOI: https://doi.org/10.20944/preprints202012.0056.v1
Caraka, R. E. et al. (2021) ‘Cluster Around Latent Variable for Vulnerability Towards Natural Hazards, Non-Natural Hazards, Social Hazards in West Papua’, IEEE Access. https://doi.org/10.1109/ACCESS.2020.3038883 DOI: https://doi.org/10.1109/ACCESS.2020.3038883
Caraka, R. E. et al. (2020) ‘Impact of COVID-19 large scale restriction on environment and economy in Indonesia’, Global Journal of Environmental Science and Management, 6(Special Issue (Covid-19)), pp. 65–82.
Corona, B., E. Cerrajero, D. López, and G. San Miguel. 2016. "Full environmental life cycle cost analysis of concentrating solar power technology: Contribution of externalities to overall energy costs." Solar Energy 135: 758-768. https://doi.org/10.1016/j.solener.2016.06.059 DOI: https://doi.org/10.1016/j.solener.2016.06.059
Deif, Ahmed M. 2011. "A system model for green manufacturing." Journal of Cleaner Production 19(14): 1553-1559. https://doi.org/10.1016/j.jclepro.2011.05.022 DOI: https://doi.org/10.1016/j.jclepro.2011.05.022
Enggartyasti, A. and Caraka, R. E. (2017) ‘A Preview of Total Quality Management (TQM) in Public Services’, E-Jurnal Ekonomi dan Bisnis Universitas Udayana, 6(9). https://doi.org/10.24843/EEB.2017.v06.i09.p04 DOI: https://doi.org/10.24843/EEB.2017.v06.i09.p04
Feiz, Roozbeh, Jonas Ammenberg, Leenard Baas, Mats Eklund, Anton Helgstrand, and Richard Marshall. 2015. "Improving the CO2 performance of cement, part I: utilizing life-cycle assessment and key performance indicators to assess development within the cement industry." Journal of Cleaner Production 98: 272-281. https://doi.org/10.1016/j.jclepro.2014.01.083 DOI: https://doi.org/10.1016/j.jclepro.2014.01.083
Ghisellini, Patrizia, Maddalena Ripa, and Sergio Ulgiati. 2018. "Exploring environmental and economic costs and benefits of a circular economy approach to the construction and demolition sector. A literature review." Journal of Cleaner Production 178: 618-643. https://doi.org/10.1016/j.jclepro.2017.11.207 DOI: https://doi.org/10.1016/j.jclepro.2017.11.207
Heitel, Stephanie, Holger Koriath, Christoph S. Herzog, and Günter Specht. 2008. "Vergleichende Lebenszykluskostenanalyse für Fußgängerbrücken aus unterschiedlichen Werkstoffen." Bautechnik 85(10): 687-695. https://doi.org/10.1002/bate.200810052 DOI: https://doi.org/10.1002/bate.200810052
Kaban, P. A. et al. (2019) ‘Biclustering method to capture the spatial pattern and to identify the causes of social vulnerability in Indonesia: A new recommendation for disaster mitigation policy’, Procedia Computer Science, 157, pp. 31–37. https://doi.org/10.1016/j.procs.2019.08.138 DOI: https://doi.org/10.1016/j.procs.2019.08.138
Kovacic, Iva, Linus Waltenbereger, and Georgios Gourlis. 2016. "Tool for life cycle analysis of facade-systems for industrial buildings." Journal of Cleaner Production 130: 260-272. https://doi.org/10.1016/j.jclepro.2015.10.063 DOI: https://doi.org/10.1016/j.jclepro.2015.10.063
Lee, Y., Rönnegård, L. and Noh, M. (2017) Data analysis using hierarchical generalized linear models with R, Data Analysis Using Hierarchical Generalized Linear Models with R. https://doi.org/10.1201/9781315211060 DOI: https://doi.org/10.1201/9781315211060
Martinez-Sanchez, Veronica, Mikkel A. Kromann, and Thomas Fruergaard Astrup. 2015. "Life cycle costing of waste management systems: Overview, calculation principles and case studies." Waste management 36: 343-355. https://doi.org/10.1016/j.wasman.2014.10.033 DOI: https://doi.org/10.1016/j.wasman.2014.10.033
Miah, J. H., S. C. L. Koh, and D. Stone. 2017. "A hybridised framework combining integrated methods for environmental Life Cycle Assessment and Life Cycle Costing." Journal of cleaner production 168: 846-866. https://doi.org/10.1016/j.jclepro.2017.08.187 DOI: https://doi.org/10.1016/j.jclepro.2017.08.187
Naves, Alex Ximenes, Camila Barreneche, A. Inés Fernández, Luisa F. Cabeza, Assed N. Haddad, and Dieter Boer. 2019. "Life cycle costing as a bottom line for the life cycle sustainability assessment in the solar energy sector: A review." Solar Energy 192: 238-262. https://doi.org/10.1016/j.solener.2018.04.011 DOI: https://doi.org/10.1016/j.solener.2018.04.011
Van den Boomen, M., R. Schoenmaker, and A. R. M. Wolfert. 2018. "A life cycle costing approach for discounting in age and interval replacement optimisation models for civil infrastructure assets." Structure and infrastructure engineering 14(1): 1-13. https://doi.org/10.1080/15732479.2017.1329843 DOI: https://doi.org/10.1080/15732479.2017.1329843
Weldu, Yemane W., and Getachew Assefa. 2017. "The search for most cost-effective way of achieving environmental sustainability status in electricity generation: Environmental life cycle cost analysis of energy scenarios." Journal of Cleaner Production 142: 2296-2304. https://doi.org/10.1016/j.jclepro.2016.11.047 DOI: https://doi.org/10.1016/j.jclepro.2016.11.047
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Policy for Journals/Articles with Open Access
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are permitted and encouraged to post links to their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work
Policy for Journals / Manuscript with Paid Access
Authors who publish with this journal agree to the following terms:
- Publisher retain copyright .
- Authors are permitted and encouraged to post links to their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work .
