DETERMINING PERFORMANCE FOCUSED ACTIVITY BASED COSTING (PFABC) AND ITS ROLE IN COST MANAGEMENT AND REDUCTION (AN APPLIED STUDY IN THE GENERAL COMPANY FOR ELECTRICAL INDUSTRIES)
Ali Sahib Noor
College of Fine Arts /University of Al-Qadisiyah, Iraq
Mohammed Muneam Ali
College of Medicine /University of Al-Qadisiyah, Iraq.
Zainb Hadi Mahdi
Department of Accounting College of Administration and Economics
University of Al-Qadisiyah, Iraq
The research aims to determine performance focused activity based costing in one of the Iraqi industrial companies, the General Company for Electrical Industries, as one of the most important strategic cost management techniques in the field of cost accounting and management accounting in order to help manage and reduce costs, and to achieve the objectives of the research the researcher relied on data The General Company for Electrical Industries through personal interviews with the laboratory staff for the purpose of applying the costing technique on the basis of activities based on performance, The research concluded that this technology helps in eliminating waste and loss in all production processes, as well as processes that do not add value for the purpose of reducing costs.