Year 2017, Volume 7 , Issue 3, Pages 586 - 593 2017-09-01

Synergistic Role of Balanced Scorecard/Activity Based Costing and Goal Programming Combined Model on Strategic Cost Management

Mohammad Taleghani [1]


During the past few years, we have seen a significant shift in cost accounting and management. In the new business environment, cost management has become a critical skill, but it is not sufficient for simply reducing costs; instead, costs must be managed strategically. Application of a successful Strategic Cost Management (StraCM) system plays the significant role in success of organization performance. In this study, we want to illustrate how the goal programming model in combination with tools of the StraCM can affect in improving organizations’ performance and Optimize cost management decisions making. For this, we present a conceptual model with an integrated approach of Balanced Scorecard (BSC), Activity Based Costing (ABC) and Goal programming model. Then for evaluating the proposed model, a numerical example with its solution procedure will be illustrated.
Strategic Cost Management, Goal Programming, Balanced Scorecard, Activity Based Costing
Other ID JA28ZA77FJ
Journal Section Research Article
Authors

Author: Mohammad Taleghani

Dates

Publication Date : September 1, 2017

Bibtex @ { ijefi354302, journal = {International Journal of Economics and Financial Issues}, issn = {}, eissn = {2146-4138}, address = {ijefi@econjournals.com}, publisher = {İlhan ÖZTÜRK}, year = {2017}, volume = {7}, pages = {586 - 593}, doi = {}, title = {Synergistic Role of Balanced Scorecard/Activity Based Costing and Goal Programming Combined Model on Strategic Cost Management}, key = {cite}, author = {Taleghani, Mohammad} }
APA Taleghani, M . (2017). Synergistic Role of Balanced Scorecard/Activity Based Costing and Goal Programming Combined Model on Strategic Cost Management. International Journal of Economics and Financial Issues , 7 (3) , 586-593 . Retrieved from https://dergipark.org.tr/en/pub/ijefi/issue/32021/354302
MLA Taleghani, M . "Synergistic Role of Balanced Scorecard/Activity Based Costing and Goal Programming Combined Model on Strategic Cost Management". International Journal of Economics and Financial Issues 7 (2017 ): 586-593 <https://dergipark.org.tr/en/pub/ijefi/issue/32021/354302>
Chicago Taleghani, M . "Synergistic Role of Balanced Scorecard/Activity Based Costing and Goal Programming Combined Model on Strategic Cost Management". International Journal of Economics and Financial Issues 7 (2017 ): 586-593
RIS TY - JOUR T1 - Synergistic Role of Balanced Scorecard/Activity Based Costing and Goal Programming Combined Model on Strategic Cost Management AU - Mohammad Taleghani Y1 - 2017 PY - 2017 N1 - DO - T2 - International Journal of Economics and Financial Issues JF - Journal JO - JOR SP - 586 EP - 593 VL - 7 IS - 3 SN - -2146-4138 M3 - UR - Y2 - 2019 ER -
EndNote %0 International Journal of Economics and Financial Issues Synergistic Role of Balanced Scorecard/Activity Based Costing and Goal Programming Combined Model on Strategic Cost Management %A Mohammad Taleghani %T Synergistic Role of Balanced Scorecard/Activity Based Costing and Goal Programming Combined Model on Strategic Cost Management %D 2017 %J International Journal of Economics and Financial Issues %P -2146-4138 %V 7 %N 3 %R %U
ISNAD Taleghani, Mohammad . "Synergistic Role of Balanced Scorecard/Activity Based Costing and Goal Programming Combined Model on Strategic Cost Management". International Journal of Economics and Financial Issues 7 / 3 (September 2017): 586-593 .
AMA Taleghani M . Synergistic Role of Balanced Scorecard/Activity Based Costing and Goal Programming Combined Model on Strategic Cost Management. IJEFI. 2017; 7(3): 586-593.
Vancouver Taleghani M . Synergistic Role of Balanced Scorecard/Activity Based Costing and Goal Programming Combined Model on Strategic Cost Management. International Journal of Economics and Financial Issues. 2017; 7(3): 593-586.