The budget approach, executive development program and the application of a company in the target costing system

Due to the increasing competition in the world and associated technological innovations automation push companies to develop various budget techniques in planning.In this study, in the beginning of the 1970 years the japanese companies have used this system firstly. After that the American and European companies also have used the target costing system expressed to the branch budget of companies as a technical and workable of this system was investigated with a sample application.The first part of study deals with the aim of research, importance, scope, limit and warious definitions. In the second part, informations offered about the development and application of the target costing system. The third part deals with the general and branch budget and the developments of costing management accounting effected company budgets and in the last part, the target costing system is investigated on the textile company that is established in Bursa and is produced work gloves and apron.