Time driven based costing and resource consumption accounting within the scope of strategic cost management: A comparative practice on a sectoral basis on enterprises operating in Aksaray province

In an increasingly competitive environment with globalization, businesses have lost their influence on sales prices. Businesses that want to gain a competitive advantage against their competitors have had to focus on costs. For this reason, enterprises must determine the cost information in a complete, unbiased, error-free, and truthful manner. In this context, many cost methods are developed. Various problems are experienced during the production of cost information that has desired quality, from traditional costing to modern costing models. For this reason, in order to eliminate the deficiencies of traditional costing, the activity-based costing (ATM) method is developed and in order to eliminate the deficiencies of the activity-based costing method, time-driven activity-based costing and Resource Consumption Accounting methods are developed. This study aims to determine the differences by comparing the developed methods and evaluating the developed methods on a sectoral basis by applying them in different sectors. The study consists of three parts. In the first part, strategic cost management and strategic cost management approaches are discussed. In the second part, time-driven activity-based costing and resource consumption accounting methods are explained and the differences between the methods are mentioned. In addition, a comprehensive literature review is conducted on time-driven activity-based costing costing and resource consumption accounting methods. In the third part, the findings were obtained by applying the cost methods in production and service enterprises operating in Aksaray province. In the last section, the results of the obtained findings are mentioned. These results can be listed as follows; Since the activity-based costing method does not provide information about idle capacity costs, it is determined that it is weaker in determining costs when compared to the other methods. It is determined that using only time as the distribution key in the time-driven activity-based costing method is easy to implement but raises various doubts in the determination of costs. In the resource consumption accounting method, the separation of costs as fixed and proportional and the distribution of these costs according to theoretical and practical capacity shows that the method has a comprehensive structure. In addition, it is determined that the application of the time-driven activity-based costing method in the service sector is easier and more convenient. Likewise, it is determined that the application of the resource consumption accounting method in the production business provides more realistic cost information in terms of costs.