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Cost Accounting and Cost Management

For effective cost and profit management, it is critical to understand the structure and nature of costs. This allows companies to comply with the cost management requirements laid out by governmental bodies as well as those dictated by a competitive business environment.

Our main services in this area are:

  • Development of methodologies, models and procedures of ABC (Activity Based Costing) to enhance the transparency of cost allocation and compliance with regulatory requirements;
  • Development and implementation of traditional cost accounting methods (direct costing and absorption costing).

We can also develop methodologies and models for profitability analysis, cost management and cost reduction.

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