Increase the Performance of Companies in the Energy Sector by Implementing the Activity-Based Costing
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2015, Vol 5, Issue 3
Abstract
This article highlights the increasing performances as result of implementation stages of the Activity-Based Costing in the companies operating in the energy sector in Romania. There are presented some aspects of the usefulness of applying the Activity-Based Costing in the energy sector and the advantages it offers compared to traditional costing. There are also outlined the steps for applying the Activity-Based Costing and its implementation in the largest hydropower producer in Romania. The article concludes with the implementation results of Activity-Based Costing and the authors’ conclusions on the usefulness of its application for increasing performances within specific energy companies.
Authors and Affiliations
Letitia-Maria Rof, Sorinel Capusneanu
Keywords
Related Articles
- EP ID EP163924
- DOI 10.6007/IJARAFMS/v5-3/1806
- Views 70
- Downloads 0
The Impacts of Interest Rate Fluctuations on the Growth of Small and Medium Enterprises (SMEs) In Accra
The establishment and the sustenance of SMEs in Ghana is a perennial problem. The owners and managers of the sector believe that they face difficulty in operating in the period of slow economic growth. Despite a whole ra...
Air Cargo Security
Homeland security is all activities to protect, guard and protect people, communities of people, infrastructure and property against asymmetric threats of military or non-military, and those generated by geo-physical, we...
Evaluate the Relationship between Company Performance and Stock Market Liquidity
In this paper, the relationship between performance and liquidity of shares listed on the Tehran Stock Exchange investigated. In countries where the capital market is one of the main sources of financing units their busi...
The Main Theoretical Aspects Regarding Bank Risks. Models For Their Management
Banking activity involves a number of risks due to unforeseen events, possibly occurring. From this point of view the risks can not be avoided, because in the socio-economic evolution appear a series of elements, a serie...
Property, Plant and Equipment disclosure requirements and firm characteristics: the Portuguese Accounting Standardization System
In the new Portuguese accounting frame of reference (Portuguese Accounting Standardization System – Sistema de Normalização Contabilística), the issues related to Property, Plant and Equipment assets are dealt with in th...