Importance for cost management the application of a Cost systems based on ABC activities for manufacturing companies Importancia para la gerencia de costos la aplicación de un Sistemas de costos basados en actividades ABC para las empresas manufactureras

Abstract

Both the management of companies in Colombia, as well as the public accountant, who is responsible for keeping accounting, have the obligation to adopt a cost system based on ABC activities, as it is the most reliable current method that generates exact value to the products, therefore this accounting nucleus assigns and distributes various costs that are associated with a product, these are direct, and based on the activities carried out, each department will accumulate its costs. This article proposes a general objective: Analyze the importance for cost management of the application of a cost system based on ABC activities for manufacturing companies; and the specific objectives that are: a) Identify the application of ABC costs in manufacturing companies; b) Detail the importance for cost management of the application of ABC costs. The methodology used is descriptive of bibliographic research. Finally, it is pointed out that accounting in Colombia has varied since the last century, formerly traditional costs were established due to their ease of operational management within manufacturing companies, which were where they were mostly applied, but today costs by activities are applied or ABC cost system, and it represents an achievement for the application of the most transparent and reliable costs.