1
Report on the time-driven activity-based
costing
By
HillaArts
Course: ACT 470: Advanced Cost Accounting
Professor: Dr. Ahmed Yamen
Institution: America University of The Middle East
Date: 14. January.2021
, 2
ABSTRACT
Objective – This report examines in details the studies that applied these approach models and
explanation of the overhead cost, i.e., active- based-costing model and time-driven costing model
Methodology/approach – The method used is based on examining the models and discovering
their meanings, difficulties, comparison, and application in the industry. It is based on the study,
application, and development of the new approaches at the level of cost management systems
and cost.
Originality – As effects of analyzing, determining the industry's application, comparing time-
driven activity-based accounting model and activity-based accounting model are minimal, and
questions remain not answered of the claim's truthiness said about the time-driven activity-based
accounting.
CONTENTS
1. Introduction to the emergence of activity-based costing and time-driven activity-based
costing.
2. Explain the time-driven activity-based costing and its difficulties.
3. Comparison between activity-based costing and time-driven activity-based costing.
4. Explain one application of time-driven activity-based costing on one industry. For
example (the health care industry, banking industry, education, or any other industry).
5. Conclusion
1. Introduction
Report on the time-driven activity-based
costing
By
HillaArts
Course: ACT 470: Advanced Cost Accounting
Professor: Dr. Ahmed Yamen
Institution: America University of The Middle East
Date: 14. January.2021
, 2
ABSTRACT
Objective – This report examines in details the studies that applied these approach models and
explanation of the overhead cost, i.e., active- based-costing model and time-driven costing model
Methodology/approach – The method used is based on examining the models and discovering
their meanings, difficulties, comparison, and application in the industry. It is based on the study,
application, and development of the new approaches at the level of cost management systems
and cost.
Originality – As effects of analyzing, determining the industry's application, comparing time-
driven activity-based accounting model and activity-based accounting model are minimal, and
questions remain not answered of the claim's truthiness said about the time-driven activity-based
accounting.
CONTENTS
1. Introduction to the emergence of activity-based costing and time-driven activity-based
costing.
2. Explain the time-driven activity-based costing and its difficulties.
3. Comparison between activity-based costing and time-driven activity-based costing.
4. Explain one application of time-driven activity-based costing on one industry. For
example (the health care industry, banking industry, education, or any other industry).
5. Conclusion
1. Introduction
