The attached PDF is a comprehensive glossary of terms for profitability and cost management. This glossary is designed to serve as a standardized reference for professionals in the field, facilitating better communication and understanding of key concepts. It includes detailed definitions of terms, related terms, and examples where applicable. The glossary is organized alphabetically, making navigating and finding specific terms easy. Cross-references are provided to help users understand the relationships between related concepts.
The glossary is a valuable resource for members of the IMA Profitability & Cost Management Shared Interest Group (PCM-SIG), a dynamic community focused on enhancing cost management and profitability analysis through advanced techniques. By adopting and integrating cutting-edge methodologies, the PCM-SIG aims to empower accounting and finance professionals and ensure efficiency, accuracy, and innovation in cost accounting and profitability management.
This resource is essential for anyone looking to deepen their expertise in profitability and cost management. It provides clear and concise definitions of industry-specific terms, helping to standardize language and improve communication within the field.