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Allocation and Activities
This week's episode of Conversations with Kip continues the allocation series, discussing activity based costing, and how activities can be the drivers for allocating costs to other metrics. Activities in allocation processes, are drivers of [...]
Complexity of Allocation Processes
Allocation processes often deal with estimates because at times we are dealing with the future, and the future is not yet known. For example, in the case of allocating the costs of building a factory [...]
Introduction to the Allocation Series
A somewhat specialized financial system process is called allocation. As noted in this introduction to the series, usually financial reporting is about accumulating business events to measure things over time. But allocation processes establish relationships [...]
Think Differently About Ledgers
Choose your level or subject area, and consider ledgers–the foundation of all business systems–in a new light