Resource Consumption Accounting
Welcome to the RCA Institute website, the comprehensive online source for information and services related to Resource Consumption Accounting (RCA). The RCA Institute’s primary objective is to establish a knowledgeable RCA community. RCA Institute members have access to content not available to the public including research and publication libraries. RCA Institute members also receive discounts on products and services the institute provides. Please feel free to contact us with any comments or questions you might have.
Larry White, CMA, CFM, CGFM, CPA
Executive Director, RCA Institute
RCA Discussion Series
The RCA Institute holds monthly discussion series for those interested in RCA, providing the opportunity to learn and ask questions. All levels of experience and interest are welcome. The sessions will be held on a web meeting, allowing VOIP or phone call in access. The phone number and weblink will be published about a week before the event.
January 18 Introduction to RCA
February 15 Introduction to the
Framework for Managerial Costing
March 22 Introduction to RCA Modeling
April 26 The RCA Implementation Process
May 17 Software Options for RCA
June 14 An RCA Modeling Example
August 16 The Role of Operational Modeling in
September 20 Profitability Analysis with RCA
October 25 Capacity Concepts for RCA
November No Webinar Scheduled
December 13 What is “Truth” in Costing?
Determining “cost” can be very frustrating.
Accountants calculate costs for financial
reports, but use different cost calculations
for other decisions. Sometimes the term
“relevant” cost is used. Sometimes people
seek the “true” cost...are other costs lies?
The December RCA discussion will present
a logical approach to sort out the clutter around
“truth” as it applies to costing in organizations.
You may find an answer or develop a new
opinion, all are welcome for this discussion.
The session will begin with a 15-20
minute presentation followed by audience
questions, comments, and discussion.
2012 Sessions for Reference
January 20 Basic RCA Modeling (Recorded Webinar)
February 17 RCA In Practice: Applications and Cases (Recorded Webinar)
March 16 Marginal Costing with RCA
April 20 Basic RCA Modeling-Part 2
May 18 Operational Modeling with RCA (Recorded Webinar)
June 15 Decision Support using RCA (Recorded Webinar)
August 21 MESA (www.MESA.org) Webinar - Real Time Decisions:
Linking Plant Floor Metrics to Financial Business Drivers
September 21 Managing Customer Proitability based on RCA
November 28 RCA using Pro EO (Recorded Webinar)
RCA Case and Lessons
RCA Institute member company, Alta Via Consulting, has built an RCA case, user manual, curricula/lesson plans, and a data set for installation on an SAP instance. If you are an educator and you would like to use the material, contact the RCA Institute Executive Director, Larry White, firstname.lastname@example.org. The first step will be an assessment of your university’s SAP capability. To use the case, your university will have to have an SAP instance. Alta Via Consulting is willing to provide some pro bono support and advice, but configuring an instance of SAP to use the data set will require some sophistication and effort on the part of the educational institution. If you are a member of the SAP University Alliance, the written material is currently available on the University Alliance Website and the data set is in the process of being made available to the SAP systems used by Alliance Members. You are welcome to examine the written material: A Practical Introduction to RCA.
RCA in AutomationWorld Magazine
RCA Institute Executive Director, Larry White, writes a bimonthly column for AutomationWorld magazine, a manufacturing industry publication, on financial issues. Automation World is a free publication with a circulation of 65,000 available in print and online. The article in the August2012 edition is titled, Does Manufacturing Need A Better Costing Approach?, http://digital.turn-page.com/i/78125 (pg 60). It discusses the problems manufacturing personnel
typically face in a costing system and what is needed for a decision support oriented solution.
Recent RCA Presentations
Recorded Presentation - Conceptual Framework for Managerial Costing, Part 1
Recorded Presentation - Conceptual Framework for Managerial Costing, Part 2
RCA Education by Webcast
The RCA Institute is producing a series of pre-recorded webcasts that will provide an introduction to Resource Consumption Accounting. Five introductory webcasts are now available, click on the links below. Institute members will be notified as additional podcasts become available. The topics are:
Part 1: What is Resource Consumption Accounting? (7 minutes)
Part 1.B: What is the Resource Consumption Accounting Institute? (7 minutes)
Part 2.A: Resource Consumption Accounting Modeling Principles, Part 1 (9 minutes)
Part 2.B: Resource Consumption Accounting Modeling Principles, Part 2 (10 minutes)
Part 3: Resource Consumption Accounting Overview (8 minutes)
RCA Rated in International Federation of Accountants Publication
In July 2009, Resource Consumption Accounting is recognized in the new International Federation of Accounting’s International Good Practice Guide: Evaluating and Improving Costing in Organizations, and in the companion piece to the IGPG, A Costing Levels Continuum Maturity Model, RCA was evaluated as the most sophisticated costing approach on the continuum.