The economic returns of a successful operational risk program are significant, running into tens of millions of dollars annually for large financial institutions, according to a new survey conducted by Operational Risk magazine and SAS UK. But while there has been progress over the past 12...

Managers are increasingly shifting from reacting to after-the-fact outcomes to anticipating the future with predictive analysis and proactively making adjustments with better decisions. Despite some advances in the application of new costing techniques, are management accountants adequately...

The purpose of this paper is to present the importance of Activity-Based Costing method (ABC) in Romania's business environment changes. We analyzed the possibilities to adapt to a modern management accounting method and managerial accounting organization assumptions of the ABC (Activity-Based...