Ideas of Modern Cost Management and Innovation in It
Tang Xian-lan
Abstract
Tang Xian-lan
Abstract
Comparing with traditional cost management,focuses of moden cost management has transformed from manufacturing cost to life cycle cost,which make cost management to be more complete.There are some innovations in modern cost management in terms of idea,guidance,strategy and cost control.Modern cost management brings china with some implicetion,namely,substance over from,paying more attention to talent cultivation and management of period cost,and exploring new mode of cost management with chinese characteristics.4refs.
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Comparing with traditional cost management,focuses of moden cost management has transformed from manufacturing cost to life cycle cost,which make cost management to be more complete.There are some innovations in modern cost management in terms of idea,guidance,strategy and cost control.Modern cost management brings china with some implicetion,namely,substance over from,paying more attention to talent cultivation and management of period cost,and exploring new mode of cost management with chinese characteristics.4refs.
Key concepts: Product cost management, Cost accounting, Cost engineering, Business, Cost control, Target costing, Cost reduction, China