Blending incremental costing in activity-based costing systems
Allocating cost fairly across different parts of a business is a common requirement for regulatory purposes or to comply with competition law on price-setting. One popular approach to cost allocation, used in many sectors, is activity-based costing (ABC), a method that identifies the causes of cost and allocates accordingly. However,… Read More
The European growth problem and what to do about it
European growth is insufficient to improve lives in the ways that citizens would like. We use the UK as a case study to assess the scale of the growth problem, underlying causes, official responses and what else might be done to improve the situation. We suggest that capital market… Read More
