Advances in Cost Calculation Techniques: Analyzing Modern Approaches in Large Enterprises in Albania
Advances in Cost Calculation Techniques: Analyzing Modern Approaches in Large Enterprises in Albania

Author(s): Altin Idrizi, Elena Idrizi
Subject(s): Economy, National Economy, Business Economy / Management, Accounting - Business Administration, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: accounting; cost calculation techniques; Activity-Based Costing (ABC); Time-Driven Activity-Based Costing (TDABC); target costing
Summary/Abstract: This paper explores how large enterprises in Albania are adopting and implementing modern cost calculation methods to address the demands of a dynamic business environment. It discusses their effectiveness and challenges, focusing on advanced techniques like Activity-Based Costing (ABC), Time-Driven Activity-Based Costing (TDABC), Lean Accounting, and Target Costing. These methods are evaluated for their role in enhancing cost transparency, supporting strategic decision-making, and improving overall business performance. Through comprehensive statistical analyses and case studies, the study highlights the relationship between these methods and their perceived success in achieving operational efficiency and financial sustainability. Furthermore, it examines the unique challenges encountered by Albanian enterprises, such as organizational resistance to change, limited technical expertise, inadequate financial resources, and regulatory constraints. The research also proposes actionable recommendations to overcome these barriers, including targeted training programs, technology integration, and fostering a culture of innovation. By addressing these aspects, the study provides valuable insights into cost management practices in transitional economies, aiming to support enterprises in enhancing their competitiveness and achieving sustainable growth. This work contributes significantly to the academic discourse on cost accounting and its practical implications in emerging markets.

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