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Published by: aman_arora on Jun 06, 2009
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05/11/2014

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Harshad S. Deshande Cost Accountant Pune India
1
Cost Accounting & CostingCost Accounting & CostingAnalysisAnalysis
-: Presentation on :-: Presentation on :-
 
 
Harshad S. Deshande Cost Accountant Pune India
2
Drivers of ChangeDrivers of Change
EconomicEconomicEnvironmentEnvironment
 
TechnologicalTechnologicalEnvironmentEnvironment
Liberalization of the Indianeconomy - dismantling of License RajGlobalizationIncreased competitionfrom both within andoutside IndiaAdvent of WTO -Reduction in tariffs andQRsIncreasing sickness inIndian industryHeightened M&A activity
SociopoliticalSociopoliticalEnvironmentEnvironment
Rapid rise of informationtechnology - Internetand e-commerceCost reduction due totechnological innovationIncreased automation –Flexible ManufacturingSystems, JIT, etc.Organization-widenetworking - onlineinformation systemsRise of Indian ITsuperpowersReduced interferenceof politics in businessCultural shift towardswesternizationIncreasing role of trade associationsIncreased focus oncustomer service andquality
 
 
Harshad S. Deshande Cost Accountant Pune India
3
Emerging Concepts For Cost Accountants…Emerging Concepts For Cost Accountants…
 
Continuous Innovation for Cost ReductionContinuous Innovation for Cost Reductionto survive in the competitive environmentto survive in the competitive environment
Cost + ProfitSALESSales - ProfitCOST
TraditionalApproachNewApproach
 Business Process Business Process-A Paradigm Shift -A Paradigm Shift 

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