COSTING -A Vital element of internal control mechanism

Having a proper inventory accounting and linked product wise costing system is not only about profitability analysis, strategic planning and effective decision making, it is also about “EFFECTIVE CONTROLLING “ the performance of the business. Large enterprises pay millions to enjoy the benefits of the controllability function in SAP ERP especially when the ownership and … More COSTING -A Vital element of internal control mechanism

Strategic Cost Management….Innovation In Sales Matrixes

In continuation to my previous articles on cost accounting profession I will be discussing about the new segment of strategic cost management where those cost accountants who are employed needs to focus. As we cost accountants are now in the mode of decision making we need to develop strategies breaking the traditional strategies.  The Time … More Strategic Cost Management….Innovation In Sales Matrixes

30 inspiring quotes from super-successful people that every professional should read

Success can be defined a million different ways — and it looks different for everyone who achieves it. But one thing all successful people have in common is an insatiable passion for something, and the motivation to constantly improve it. Showcasing this universal theme of passion and drive, Stratx has created an infographic revealing the most striking … More 30 inspiring quotes from super-successful people that every professional should read