The ABCs of competitionActivity-Based Costing for Small and Mid-Sized Businesses leaves the theorizing to think tanks and provides practical methods that help you gain a competitive advantage through greater understanding of your product and process costs. It shows you how your company can adopt ABC in a practical, cost-effective way without dismantling your current cost information systems.By following the steps outlined in this book, you"ll gain the benefits of accurate and relevant cost information, because, unlike many other books on this subject, Activity-Based Costing for Small and Mid-Sized Businesses is written by a practicing accountant, not an industrial engineer or an academic. Douglas T. Hicks shows you how to use an approach he developed while solving problems for real small and mid-sized companies. He helps you sharpen your competitive edge with: A unique, proven method for developing and visualizing cost flows A spreadsheet model blueprint with data flows An ongoing case study to document the model-building process A special chapter dedicated to service businesses An entire section describing how ABC can be used to improve your overall decision support systemFor controllers, cost accountants, owners and managers of small and mid-sized companies, this book offers a proven, practical alternative to the complex, high-cost ABC being promoted by others. It helps CPAs increase service to their clients and boost revenues for their firms. This method also allows educators to incorporate ABC into existing cost accounting courses.