Webinar Clip:
Two Methods of Service Costing
Comparing Expense Line Cost Alignment and Dedicated Cost Alignment
Overview
The two methods of service costing are expense line alignment and dedicated cost alignment. Which one is recommended, and how do you reconcile with corporate accounting procedures? Using a translational database is the key. This short clip is cut from the webinar titled, "Product Cost Allocations and Modeling (Seller Perspective)." If you'd like to see the entire webinar, please register in the box at the right. You can also register for the remainder of the 12-part Apptio educational webinar series, "Understanding and Leveraging IT Financial Transparency to Improve Business Alignment."
About the Speaker
Suraj Nekram
President & CEO SteelGlass Consulting
- Former Senior Vice President at Bank of America and the Financial Transparency Executive responsible for charging back their multi-billion dollar technology expense to the lines of business.
- Held leadership roles at Merrill Lynch including Head of Financial Planning & Analysis (Corporate Planning), responsible for Budgeting & Forecasting, Capital Planning and Expense Management.
keywords
expense line alignment, direct cost alignment, cost center, total cost, allocation percentages, translational database, transparency, governance, flexible accounting policies