scholarly journals Activity-based costing (ABC) Model for Public Higher Education Institutions (PHEI) : A guide for a Model development

2013 ◽  
Vol 7 (3) ◽  
pp. 1089-1100
Author(s):  
Jamalludin Helmi Hashim
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
Model Development ◽  
Current Method ◽  
Abc Model ◽  
Activity Based Costing ◽  
Study Approach ◽  
Support Costs ◽  
Traditional Costing ◽  
The Cost

The purpose of this study is to develop the Activity-based costing (ABC) model for Bachelor of Accountancy (BACC) program in University of Excellence (UoE) Malaysia. A case study approach using the professional software, ABM-SAS, and the actual expenses figure for BACC for the year 20XX were used to develop the ABC model in this study. The finding showed that the cost computed using the ABC Model is lower as compared to the cost from the traditional (current) method, i.e. RM 8,678.54 and RM 10,509.99, respectively.  The differences amounted RM 1,830.55 in cost calculated by these two systems is not surprising. It is expected as many other researchers have discovered the same pattern on the lower cost of ABC as compared to the traditional method due to several reasons. Among others are,  (i) the inability of the traditional costing system in spreading their costs over larger numbers of students, ii) the support services do not benefit the programmes uniformly and, iii) there were internal cross-subsidies among departments and seriously distorted if support costs were allocated based on head counts. As such, this study confirmed the ability of ABC to act in higher education institutions with the same functions as its functions in the profit and manufacturing setting.

scholarly journals The importance of IT in the adaption of Activity-based costing (ABC) in Higher Education Institutions (HEI)

2013 ◽  
Vol 8 (1) ◽  
pp. 1228-1238
Author(s):  
Jamalludin Helmi Hashim
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
Two Dimensions ◽  
Perceived Usefulness ◽  
Management Tool ◽  
Activity Based Costing ◽  
University System ◽  
Branch Campuses ◽  
Significant Difference ◽  
Traditional Costing

This study intends to highlight the possible significant relationship that may exists between Information Technology (IT) in the perceived usefulness of Activity-Based Costing (ABC) information as compared to the traditional costing across three different campus clusters of higher education institutions (HEI) in Malaysia. The perceived usefulness of ABC was represented by two elements, namely i) quality, and ii) functionality of costing system. The respondents were selected using disproportionate stratified random sampling method among the users of costing information in the biggest public university in Malaysia with a multi-campus university system. Among the twelve branch campuses across the country, the data was collected using structured postal questionnaires that were distributed to 96 respondents. The result indicated that there is no significant difference of perceived usefulness of information produced by ABC system across all three type campus clusters under study. Furthermore, statistical analysis also shown that there is no statistically significant interaction across three types of campus clusters to affect Perception of Usefulness (POU). As the findings from this study found to be contradict from the previous studies , these might be due to the nature of a multi-campus university system which practising the centralised administration across all branch campuses. In addition to that, unlike previous studies, this study extended the applicability of IT in two dimensions of university administrations, i.e., as a support system for administration and as a management tool.

scholarly journals COSTS PER CAREER AS FINANCIAL INDICATORS IN HIGHER EDUCATION INSTITUTIONS

2021 ◽  
Vol 9 (1) ◽  
pp. [10 p.]-[10 p.]
Author(s):  
RODRIGO VARELA LASO ◽  
LILIANA NERIZ ◽  
Alicia Núñez Mondaca ◽  
FRANCISCO RAMIS LANYON ◽  
REINER HOLLANDER
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
Educational Institutions ◽  
Financial Indicators ◽  
Activity Based Costing ◽  
Global Context ◽  
New Information ◽  
Costing System ◽  
Definition Of ◽  
The Cost

ABSTRACT: Higher education institutions contribute to society in multiple ways through the technical and professional formation of the population and disseminating new information. This diversity of objectives that interact with each other hinder both the acquisition and the allocation of resources. In other words, they affect the institutions' capacity to meet costs at a given level of financing or income. For this reason, the costs attributable to degrees bestowed by educational institutions help to provide critical financial information, especially when computing the margin between income and expenses, evidencing the efficiency in resource consumption, and significantly aiding in the decision-making process. This article presents an integral and flexible methodology for designing an Activity-Based Costing system to determine the costs of degrees bestowed by higher education institutions applying the method to a Chilean public university. The results highlight nine degrees with a surplus and one with a financial deficit, the high impact on the cost of degrees stemming from the distribution of efforts of academics in the varied activities undertaken, the effect of grants among degrees, and other results of university administration, indicating the relevance of these models for the definition of government policies. Furthermore, these results' contribution in a current global context is discussed where institutions are found to be devising readjustments to their activities that have been affected by confinement caused by the global SARS-CoV-2 virus pandemic. Keywords: Costing in educational institutions; costs of degrees; activities-based costing in education; higher education institutions; Chile

A comparison of the cost of research in South Africa's public research and higher education institutions

2008 ◽  
Vol 104 (11/12) ◽  
Author(s):  
D.R. Walwyn
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
Public Research ◽  
Pricing Policy ◽  
The Public ◽  
Annual Salary ◽  
Research Sector ◽  
Salary Survey ◽  
The Cost ◽  
Comparative Information

Despite the importance of labour and overhead costs to both funders and performers of research in South Africa, there is little published information on the remuneration structures for researchers, technician and research support staff. Moreover, there are widely different pricing practices and perceptions within the public research and higher education institutions, which in some cases do not reflect the underlying costs to the institution or the inherent value of the research. In this article, data from the 2004/5 Research and Development Survey have been used to generate comparative information on the cost of research in various performance sectors. It is shown that this cost is lowest in the higher education institutions, and highest in the business sector, although the differences in direct labour and overheads are not as large as may have been expected. The calculated cost of research is then compared with the gazetted rates for engineers, scientists and auditors performing work on behalf of the public sector, which in all cases are higher than the research sector. This analysis emphasizes the need within the public research and higher education institutions for the development of a common pricing policy and for an annual salary survey, in order to dispel some of the myths around the relative costs of research, the relative levels of overhead ratios and the apparent disparity in remuneration levels.

scholarly journals On financing the state assignments to higher education institutions to perform research and development projects

2021 ◽  
Vol 50 (2) ◽  
pp. 119-135
Author(s):  
Yu.D. Shmidt ◽  
◽  
L.A. Krokhmal ◽  
N.V. Ivashina ◽  
◽  
...  
Keyword(s):  
Higher Education ◽  
Research And Development ◽  
Higher Education Institutions ◽  
Planning Period ◽  
Research Activities ◽  
Russian Higher Education ◽  
Scientific Potential ◽  
The Cost ◽  
The University ◽  
Significant Factors

The paper presents the issues of higher education institutions research activities efficiency and financing. Empirical data on the Russian higher education institutions research activities efficiency have been investigated. A new model for higher education institutions research activities public financing has been suggested. The model developed a methodology for calculating subsidies for basic, guaranteed funding of scientific activities of universities, designed to compensate for the cost of simple reproduction of their scientific potential. The integral index, which allows accounting the influence of statistically significant factors on the total amount of research and development work performed by the University, is formed and justified by methods of econometric modeling. The proposed approach allows us to calculate the amount of guaranteed funding for the scientific activities of each university in the planning period with a known amount of financial resources allocated for the basic financing of scientific activities of universities in the country.

Coaching and mentoring in higher education institutions: a case study in Oman

2020 ◽  
Vol 9 (3) ◽  
pp. 307-322
Author(s):  
Ahmed Nawaz Hakro ◽  
Priya Mathew
Keyword(s):  
Higher Education ◽  
Middle East ◽  
Organizational Development ◽  
Higher Education Institutions ◽  
Structured Interviews ◽  
Open Communication ◽  
Thick Description ◽  
Content Type ◽  
Study Approach

PurposeUniversities and higher education institutions (HEIs) are increasingly recognizing the value of coaching for professional and organizational development. This study is designed to investigate whether Cognitive Coaching, implemented as a programme in an HEI in Oman, made any difference to the behaviour and attitudes of employees holding leadership positions in academic, administrative and professional services departments. It also explored the factors that hindered or supported the coaching programme and offers recommendations to strengthen coaching initiatives in similar contexts.Design/methodology/approachSemi-structured interviews and focus group discussions were used to collect feedback from the 15 participants of the programme. A case study approach was adopted in this study for an in-depth examination of the effectiveness of coaching interventions.FindingsThe findings suggest that coaching can be an effective approach, facilitating personal and professional development and also contributing to the achievement of organizational goals.Research limitations/implicationsAs a case study of a coaching programme in a single institution, the findings of the study are not generalizable to other contexts, though a “thick description” of the context in which the study took place will enable institutions in similar contexts to draw lessons from the experience.Practical implicationsThis study discusses the benefits of a coaching programme for an HEI in the Middle East. Suggestions to strengthen coaching include board level endorsement and sensitivity to cultural nuances in coaching relationships.Social implicationsOne of the effects of a coaching programme is the collegial atmosphere that it can foster. This can have wider impacts on the community as there is more open communication and trust engendered amongst employers and employees belonging to different cultural backgrounds.Originality/valueThis study is one of the first to report the findings of a systematically organized coaching programme in an HEI in the Middle East.

Life Cycle Cost Modeling of Pumps Using an Activity Based Costing Methodology

2010 ◽  
Author(s):  
Laxman Yadu Waghmode ◽  
Anil Dattatraya Sahasrabudhe
Keyword(s):  
Life Cycle ◽  
Life Cycle Cost ◽  
Product Life Cycle ◽  
Business Environment ◽  
Life Cycle Costing ◽  
Activity Based Costing ◽  
Global Business ◽  
Product Life ◽  
Traditional Costing ◽  
The Cost

In order to survive in today’s competitive global business environment, implementation of life cycle costing methodology with a greater emphasis on cost control could be one of the convincing approaches for the manufacturing firms. The product life cycle costing approach can help track and analyse the cost implications associated with each phase of product life cycle. Life cycle costing (LCC) practices with traditional costing methods may provide results that have a severe deviation from the real product LCC as it focuses on the cost of materials, labor and a low portion of overheads apportioned by the absorption rate to the product. Activity based costing (ABC) has emerged as one of the several innovative and more accurate costing methods in recent years. It is based on the principle that products or services consume activities and activities consume resources that generate costs. Thus, the ABC system focuses on calculating the costs incurred on performing the activities to manufacture a product. This paper presents a LCC modeling approach for estimating life cycle cost of pumps using activity based costing method. The study was conducted in a large pump manufacturing company from India that has significant global standing within its industry. Firstly, all the activities and cost drivers associated with the life cycle of a pump have been identified. A methodology for LCC analysis using ABC is then developed and it is applied to two different pumps manufactured by the same industry and the results obtained are presented.

APPROACHES TO ASSESSMENT OF HIGHER SCHOOL TEACHERS INTELLECTUAL CAPITAL

10.12737/1620 ◽  
2012 ◽  
Vol 1 (2) ◽  
pp. 24-28
Author(s):  
Семенова ◽  
Yelyena Syemyenova
Keyword(s):  
Higher Education ◽  
Intellectual Capital ◽  
Higher Education Institutions ◽  
School Teacher ◽  
School Teachers ◽  
The Cost

The teacher intellectual capital has a key value for progressive advance of higher education institutions and their competitiveness increasing. Therefore it is important to defi ne correctly the structure of higher school teacher intellectual capital and to estimate the cost of all its components. Methodical aspects of this type capital assessment are defi ned in this article taking into account its structure and specifi cs of manifestation.

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