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The Methodological Steps In Management Accounting And Cost Calculation - A Comparative Analysis Between The Traditional Methods Used In Romania And The Activity-based Costing (abc) Method

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In this paper, the author discusses the methodological steps taken in the Romanian management accounting, according to the specifics of the ABC method. The author also makes a comparative analysis between the custom (ordered-based) method and Activity-Based Costing (ABC) method. The author brings his own comments on the similarities and differences between the custom method and the ABC method. If we draw a comparison between the traditional cost accounting methods (the custom method) and the Activity-Based Costing (ABC) method, the latter presents some clear advantages from the point of view of the methodological steps that are to be followed in management accounting.