Design and development of a costing approach

  • Markus B. Baum


The overall objective of a cost accounting model is to inform the management of a consulting firm about the important features and give other stakeholders useful details (needs of decision makers) (Martinson 1994, Lanen et al. 2008). The new model must cover all the costs of the company. Therefore, the costing model must fit to the special issues and situations of a consulting firm. It must cover typical project business and organisational transparency in terms of overhead cost (corporate functions). The entire value chain needs to be covered. Furthermore, the implantation of the costing model must be economically efficient (benefits exceed its costs) and should reduce the complexity of current models.


Activity Center Service Business External Resource Overhead Cost Consult Firm 
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Copyright information

© Springer Fachmedien Wiesbaden 2013

Authors and Affiliations

  • Markus B. Baum
    • 1
  1. 1.MainzGermany

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