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ERIC Number: ED350679
Record Type: RIE
Publication Date: 1992
Pages: 13
Abstractor: N/A
Reference Count: N/A
Educational Costs.
Arnold, Robert
Problems in educational cost accounting and a new cost accounting approach are described in this paper. The limitations of the individualized cost (student units) approach and the comparative cost approach (in the form of fund-function-object) are illustrated. A new strategy, an activity-based system of accounting, is advocated. Borrowed from business accounting procedures, this method views activities in terms of their value-added potential. The steps of an activity-based cost-accounting system are outlined. Conclusions are that the functional cost-per-student systems have significant limitations and that no link has been demonstrated between function and performance measures. Activity-based cost accounting identifies what adds value to educational processes and what does not. Four tables and one figure are included. (Contains 13 references.) (LMI)
Publication Type: Opinion Papers; Guides - Non-Classroom
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers: Activity Based Costing; Cost Accounting