Leaders and executives often look to cost accounting data to help with key decisions. The question is, "Should they?"
According to Dr. Reginald Tomas Lee, author of Lies, Damned Lies, & Cost Accounting, the answer is "no." Cost accounting is based on faulty assumptions and math, which compromises its usefulness. Lee offers an alternate way to think about and manage your business by focusing on cash flow and capacity rather than calculated costs.
Lies, Damned Lies, & Cost Accounting
Orders are generally shipped within two days of placing your order.