学士学位论文--财会类外文文献原稿和译文.doc

XXXXXXXX 毕业设计(论文) ——外文文献原稿和译文 1 外文文献原稿和译文原稿 THE RESEARCH OF INTEGRATED ACTIVITY-BASED COSTING AND ECONOMIC VALUE ADDED SYSTEM AS A STRATEGIC MANAGEMENT TOOL Narcyz Roztocki State University of New York ABSTRACT This paper describes a field study which examines the implementation of an integrated Activity-Based Costing and Economic Value Added System in two small manufacturing firms. The results of this study suggest that this integrated approach outperforms both traditional cost accounting and standard Activity-Based Costing methods. Furthermore, the findings from two panies show that there liability of cost information obtained by this integrated system increases substantially when differences in capital usage exist. Factors that could create these differences in capital usage and lead to distorted cost information are discussed. Using actual data from the field study, possible distortions to product cost asa result ofa homogenous capital cost allocation are also examined. Finally, the impact of this integrated approach on the decision-making 、 strategic planning and long-term business performance of the two panies is discussed. KEYWORDS Activity-Based Costing; Economic Value Added; strategic management Introduction In today ’s business environment, many panies are facing a petition in domestic and global markets implementing strategic management tools, in order to increase petitiveness. Activity-Based Costing (ABC) and Economic Value Added ( EVA ) are two such examples of these strategic management tools. Traditionally, ABC and Economic Value Added methods have been used separately. ABC has been used asa costing system, mainly to improve operating efficiency; while XXXXXXXX 毕业设计(论文) ——外文文献原稿和译文 2 Economic Value Added has been used asa financial performance measure, mainly to improve financial efficiency. In recent years, some researchers have proposed that ABC should bined with Economic Value Added to create an integrated costing and performance system(Hubbell, 19