Editing Activity-based costing (section)

== Integrating EVA and process based costing ==

Recently, Mocciaro Li Destri, Picone & Minà (2012)<ref name ="test">Mocciaro Li Destri A., Picone P. M. & Minà A. (2012), Bringing Strategy Back into Financial Systems of Performance Measurement: Integrating EVA and PBC, Business System Review, Vol 1., Issue 1. pp.85-102 https://ssrn.com/abstract=2154117.</ref> proposed a performance and cost measurement system that integrates the [[economic value added]] (EVA) criteria with process based costing (PBC).

Authors note that activity-based costing system is introspective and focuses on a level of analysis which is too low.{{citation needed|date=March 2020}} On the other hand, they underscore the importance to consider the cost of capital in order to bring strategy back into performance measures.{{citation needed|date=March 2020}}