Cost calculation systems in commercial banks: Traditional system and activity-based calculation system

Autor: Jozefina Beke-Trivunac, Slavica Siljanoska, Marijana Joksimović
Rok vydání: 2020
Předmět:
Zdroj: Revizor. 23:97-104
ISSN: 2620-1461
1450-7005
DOI: 10.5937/rev2092097s
Popis: Increasing competition between banks in local and global markets imposed the need for the bank to determine the most competitive prices and markets for its products, which ensures profit maximization while minimizing risk, as well as maintaining optimal product quality. The ability of management to make the right decisions at the right time, largely depends on the adequacy of cost systems that provide a high degree of accuracy in costing, and timely receipt of complete information on each individual banking product. The paper presents a comparative overview of the traditional cost accounting system and the ABC cost accounting system, in order to find the most efficient cost system and to reach the best business results by banks.
Databáze: OpenAIRE