File(s) not publicly available

Target costing implementations in Australian companies : an exploratory study of current corporate practice and strategic intent

conference contribution
posted on 06.12.2017, 00:00 by Mohammed ZamanMohammed Zaman
This paper investigates the current and future prospects of Target Costing (TC) in Australia. A survey of 50 top Australian companies shows that only 12.5 percent of companies have implemented target costing and 30 percent of companies are planning to implement it in the future. The results indicate that it is not prudent to implement TC prior to adopting activity-based costing. The results also indicate that, among other things, a poor understanding of TC by many Australian corporate managers may have led to its low implementation in their firms. However, results are inconclusive as to whether managers and accountants' understanding and beliefs about TC will lead to its actual implementation. There is also inconclusive evidence as to whether Australian companies are likely to adopt TC as a strategic posture to achieve cost competitive benefits. The paper ends with limitations and policy implication.

Funding

Category 1 - Australian Competitive Grants (this includes ARC, NHMRC)

History

Parent Title

Fourth Asia Pacific Interdisciplinary Research in Accounting Conference APIRA 2004 Proceedings

Start Page

1

End Page

9

Number of Pages

9

Start Date

01/01/2004

Location

Singapore

Publisher

Singapore Management University

Place of Publication

Singapore

Peer Reviewed

Yes

Open Access

No

Era Eligible

Yes

Name of Conference

Asia Pacific Interdisciplinary Research in Accounting Conference.

Usage metrics

Exports