Target - Costing: Modern Method Of Cost Calculation And Analysis In Romania

The profound changes that have occurred in recent decades have led to changes in the economic life in the mechanism of internal management of the company, involved in the management costs.In the current socio-economic context more complex and uncertain, the company needs a global cost calculation system and pertinent therefore emerges the need to find relevant calculation methods and cost analysis.In countries like the US, Japan, France this approach was obtained using methods adapted to the requirements of current practice, of which mind: ABC Method (method of calculation and cost analysis activities) method Target - Costing (objective cost method or target cost method) and value analysis method. The paper presents theoretical concepts of target-costing method, accompanied by a case study for better understanding of the advantages of applying this method in calculating and analyzing costs at Romanian enterprises.Target costs are based on the rule that the market dictates the selling prices and not the businesses costs.However, because the market is not interested in the cost structure (variable and fixed, direct and indirect operating, financial and extraordinary, controllable and uncontrollable, determined and discretionary;actual and preset etc.) is necessary to cover long-term undertaking all the entriprises’ costs.Therefore, directly or indirectly, accounting and cost analysis plays an important role in strategic decisions, the basic tool of strategic pilotage of any undertaking.Modern methods of calculation and analysis of costs, are part of a larger whole strategy aimed at the market, production management,human resources management, enterprise relationship with his environment, following a new trend called "simultaneous engineering".