Activity- versus variability-based management accounting

Prior to the emergence of Activity-Based Costing (ABC), the debate among academics and professionals on fundamental management accounting issues, i.e. cost theory, principles and systems of cost recording, cost control, product costing and product pricing, etc., had been relatively localized. This is largely changing in the wake of ABC. But though the ideas of ABC have been adopted by many scholars and professionals the world over, it has been without the necessary scruntiny of its basic features and identification of the limits of its applicability. Poul Israelsen's book fills this gab.