A complementary method for the analytical accounting
The ECM method by TERA Consultants views the cost of goods and services from an operational viewpoint and provides an accounting tool to analyse data. Based on an analysis of the company’s processes, the ECM method calculates efficient costs and optimises how costs are allocated between goods and services.
The ECM method can be implemented in existing accounting systems such as ABC* or others:
- > To enhance performance evaluation and margin maximisation (reporting);
- > To align cost allocation with third parties (competition authorities, regulation) for corporate governance (budget management, shareholders) or fiscal policy (transfer pricing).
Download costing expertise presentation (pdf) >>
A complementary method for the analytical accounting
( * Activity-Based Costing )
