ABC시스템과 EVA시스템의 통합

Integrating Activity-Based Costing System and Economic Value Added System

One of the most important strategic purposes of any corporation is to create economic value for customers, employees, and shareholders. Creating economic value for shareholders requires allocating, managing, and redeploying scare capital to its most profitable use. For internal management information systems to serve the best interests of both shareholders and managers, the must identify, collect, and routinely report the information that is critical to making decisions about resource allocations. Activity-Based Costing(ABD) and Activity-Based Management(ABM) systems have proved their usefulness in tracking activity costs, improving the accuracy of product costing, and reporting on critical financial and nonfinancial performance measures. Although ABE and ABM systems have contributed much to improving the management of operating costs, they have ignored the balance sheet. Traditional ABC and ABM systems fail to account for the full cost of capital. Activity and product costs are therefore understated. This article presents a cost and performance measurement system that integrates ABC with EVA financial performance measure. This proposed ABC and EVA system is a management support tool for managing costs and capital. The integrated ABC and EVA system includes the rate of resource consumption(like traditional ABC), but it also includes capital demand. Implementation steps are illustrated. And a traditional ABC system is compared with an integrated ABC and EVA system by examining the cost for activity at the first stage. A firm's capital information is then transformed into transparent capital charges using activity-capital dependence analysis. Changes to the end-product costs and possible changes to corporate strategies and business performance in the proposed ABC and EVA system are discussed. The proposed ABC and EVA system will be an improved cost management system that help managers focus on all the necessary elements of creating shareholder value, including both the management of costs and the management of capital.