Please enter your thoughts, suggestions, concerns, successes, etc. about performance costing and finances.
It is interesting to me, having researched and written in the broad performance field for so long, that I did not initially include a section on COSTING. I found an intriguing report by Deloitte (one of the Big 4 Accounting firms) on public sector finance. Here is the link to Deloitte's page on Public Sector http://www.deloitte.com/dtt/section_node/0,1042,sid%253D37085,00.html and here is the link to the June 2008 survey report on "Mastering Finance". http://www.deloitte.com/dtt/article/0%2C1002%2Ccid%25253D213128%2C00.html I focused on page 10 of the report, where the survey respondents (government finance professionals) indicate 63% of "program owners do not understand the full cost of their services including asset costs", 49% say "our systems find it difficult to support the preparation of costing reports" and 54% believe there is not "a thorough understanding of the relationship between investments made (program costs) and outcomes achieved".
The importance of cost accounting has been noted on numerous occasions by the North Carolina Benchmarking Project as a barrier to useful information sharing and cross-government learning. General information http://www.sog.unc.edu/programs/perfmeas/ Costing article http://shopping.netsuite.com/s.nl/c.433425/it.I/id.62/.f
