A New Paradigm in Cost Management

Society of Cost Management

The Society of Cost Management is the first international professional association dedicated to cost measurement, cost management, and decision support; and brings together cost accountants, consultants and academia from around the world. We’re going to change what you think about professional associations.

Latest News

Membership Benefit: Education Listing

Our Education/Training section recently underwent some changes, it is now a dedicated page on our site to focus more attention on this very important subject.  If you provide these services to Cost Management professionals, you can get a free listing, … Read More >

The Cost Management Body of Knowledge (BoK) Project

Are you a dedicated professional in Cost Management?  Additional Project Team members are needed to build the first Cost Management Body of Knowledge. Project team members will provide definition, only requiring a minimal amount of time for each of us.  Team members … Read More >

May Book Feature: Value Management: Translating Aspirations into Performance by Roger H. Davies and Adam J. Davies

The Cost and Effect of Value Management Roger Davies, co-author of the book Value Management: Translating Aspirations into Performance explains the critical role that cost management professionals can and should play in the important emerging discipline of Value Management. What … Read More >

The Veiled History of Cost Accounting

Since part of our charter is to upgrade the profession of cost management, The Society is offering a new page on our website on the History of Cost Accounting. Cost Accounting has a very rich history, which largely remains untaught … Read More >

April Book Feature #2: Improving Performance: How to Manage the White Space on the Organization Chart

The following book review was written by Joe Aberger, President of Pritchett LP. If you pit a good performer against a bad system, the system will win almost every time. ─Rummler and Brache Improving Performance: How to Manage the White … Read More >