The paper review with the reflection of changes in the modern business environment on the approaches to cost measurement specified in advance, which were limited to both the standard cost and target cost approaches as stated within the limits of the research, in addition to addressing reference Benchmarking and its role in creating a competitive advantage in the modern business environment and discussing the dimensions of costs. The target standard to serve modern manufacturing purposes by relying on the benchmarking Approach, and finally a case study that was applied to one of the Egyptian industrial businesses. The research reached the formulation and application of a set of proposed accounting reports based on a comparison between the standard costs specified in advance and those targeted within the framework of the reference measurement and determining the differences between them, and the application of these reports resulted in reducing the cost incurred by the business under study.
Badawy, M. M. M. (2024). A Framework for Integration Between Predetermined Costs Approaches Considering Contemporary Environmental Changes
(Case Study). Alexandria Journal of Accounting Research, 8(1), 99-148. doi: 10.21608/aljalexu.2024.345376
MLA
Mohamed Monir Mahmoud Badawy. "A Framework for Integration Between Predetermined Costs Approaches Considering Contemporary Environmental Changes
(Case Study)". Alexandria Journal of Accounting Research, 8, 1, 2024, 99-148. doi: 10.21608/aljalexu.2024.345376
HARVARD
Badawy, M. M. M. (2024). 'A Framework for Integration Between Predetermined Costs Approaches Considering Contemporary Environmental Changes
(Case Study)', Alexandria Journal of Accounting Research, 8(1), pp. 99-148. doi: 10.21608/aljalexu.2024.345376
VANCOUVER
Badawy, M. M. M. A Framework for Integration Between Predetermined Costs Approaches Considering Contemporary Environmental Changes
(Case Study). Alexandria Journal of Accounting Research, 2024; 8(1): 99-148. doi: 10.21608/aljalexu.2024.345376