True Cost Accounting

This book explores the historical and theoretical classification of True Cost Accounting (TCA) and its business-oriented ways of implementation. Tobias Gaugler, Jennifer Kunz, and Amelie Michalke provide compact and comprehensible insights into TCA, which is one approach used to comprehensively assess actual (human or natural) resource consumption and implement this assessment into companies’ internal controlling. To achieve this goal, the volume locates this approach in existing economic theory