Strategic Costing Models as Strategic Management Accounting Techniques at Private Universities in Riau, Indonesia

Evi Marlina, Hendri Ali Ardi, Siti Samsiah, Kirmizi Ritonga and Amris Rusli Tanjung

International Journal of Financial Research, 2020, vol. 11, issue 1, 274-283

Abstract: As a strategic management in accounting, strategic coasting has attracted the practioners and scholars because the significant influences to comptetitive advantage and organizational performance. This study is aim to explore integrated strategic costing model as an effort to improve competitive advantage and performance of higher education institution. This study also provide the guideline for effectively and efficiently of cost control. A specific strategic costing ¨Cactivity based costing, value chain costing, quality costing, lifecycle costing and target costing- was elaborated through literature review form each attributes simultaneously and according to comprehensive model that integrated each of principles. The study concluded the scheme is compatible and complete each other according to theoretical point of view due to the integrated implementation of the principles and attributes contribute to organization performance improve. We also argue that the scheme is contribute to distribution of strategic costing attribute and exploitation of organization resources. A new management system proposing to the incorporation of strategic costing attributes into the management of higher education organization resources, and some recommendations for practical use are presented.

Keywords: strategic costing models; strategic management accounting and private universities (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:jfr:ijfr11:v:11:y:2020:i:1:p:274-283

DOI: 10.5430/ijfr.v11n1p274

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