An agency’s ability to achieve its mission depends heavily on the managers’ capacity to make timely, fact‐based decisions. Delve into the benefits of an enterprisewide cost accounting program, and see how cost accounting data analysis can identify the actual spend on specific projects or mission objectives.

• Although daunting at first, implementing an enterprise cost accounting program delivers immense benefits that directly impact an agency’s visibilty into the spend on its mission. • Cost accounting information systems, dashboards and analysis are effective management tools that can o deliver transparency on the cost of operations and better information on priorities and options. o equitably distribute direct and indirect costs among agency units with a simple cost allocation process. o identify total cost of outputs, services and programs to measure and report on resource consumption and efficiency. o offer cost-based analysis for strategic plans and performance reports.

Mr. David Mader

Former Controller, OMB

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