Articles from the Pilbara team filed under Activity-Based Cost Model.
73 articles
Lea Patterson
According to a recent IFAC report, only 24% of companies with plans to reduce or offset Greenhouse Gas (GHG) emissions factor in past or future expenses for implementing those plans. This suggests…
Lea Patterson
Last week, I read a blog post by Alex Usher titled “Reducing Work” where he suggests some ways universities can make teaching more efficient. These include: Driving down the real cost of wages by…
Lea Patterson
OK, so I’m a little late with my “Best Of 2022” post, given it’s almost the end of January now, but I believe I’m still allowed to say “Happy New Year” as long as I post this in January it’s all…
Lea Patterson
TLDR The annual budgeting process is broken but can be fixed using centuries old techniques. Using demand for products/services to create budgets, not last year’s budget as a baseline. The critical…
Lea Patterson
I was thrilled to be invited to present at the 2022 Australian University Senior Finance Officers Group (AUSFOG) conference last week alongside Thomas King from Microsoft. I was asked to present the…
Lea Patterson
Stagflation: An economic situation in which prices keep rising but economic activity does not increase (Cambridge Dictionary) TLDR High Inflation hasn’t been around since the 70’s and 80’s. During…
Lea Patterson
We are proud to announce the launch of our new modelling solution, Rapid Insights. We developed Rapid Insights as a low risk, low cost entry into advanced financial analytics for Higher Education…
Lea Patterson
TLDR! Activity-Based Costing (ABC) concepts have been around for yonks! (Australian/British slang for a long time) Ever since the 1770’s. ABC concepts have been largely ignored for yonks! ABC was…
Michelle Brooke
With Covid-19 striking the university sector hard (and suddenly) last year, the Commonwealth Government postponed the need for the university sector to provide their 2019 ‘Transparency in Higher…
Lea Patterson
Financial analysts use a wide range of cost allocation methods, including cost per student credit hour, in universities to calculate the cost of delivering courses and programs. I will show you why…
