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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.

Associate membership in the RCA Institute is now free.  All you need to do is register.  You gain access to the Library, Bibliography, and Webcasts.  This is a great way to start learning about RCA or add to your knowledge.  The RCA Institute does not sell its membership list, and typically sends only 1 or 2 Emails per month notifying you of upcoming RCA Discussions or distributing the quarterly newsletter.

See the Institute Partners web page for Information on special RCA Institute discounts for the 2015 Manufacturing Enterprise Solutions Association's North American Conference.

Larry R White, Executive Director 

RCA News:

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 at 12:00 PM (US Eastern Time). 

The Discussions from the prior year are recorded and available on the Membership/Webcasts and Newsletters page.

2017 Discussion Series

 January  20          Introduction to RCA

This discussion will introduce new attendees and review with longer term members the foundations of RCA and how it can improve information on cost and profitability.  It will focus on the central role of resources, capacity, causal relationships, and responsiveness play in improving decisions.  Begin the process of understanding how RCA connects operations to finance and provides the information to optimize your organization’s profitability or mission outcomes.

To Register: https://attendee.gotowebinar.com/register/3572638013325041923

February  24       RCA in Practice:  Applications and Cases

This discussion will focus on the impact Resource Consumption Accounting can have on cost and profit performance in manufacturing and service industries.  You will understand some of the insights it RCA has provided companies to improve operations and profitability.  The presentation includes an overview of some RCA implementations. 

To Register: https://attendee.gotowebinar.com/register/4627428105152947459

March  17            Introduction to RCA Modeling – Part I

This discussion will introduce Resource Consumption Accounting modeling techniques that improve operational, cost, and profit performance.   Learn how RCA models operational resource quantities and monetary values to produce superior information on capacity use, consumption of resources, and information on costs and quantities for marginal and incremental decisions.

To Register: https://attendee.gotowebinar.com/register/3270946316314593795

April  28               Introduction to RCA Modeling – Part II

The discussion will illustrate the calculation methodology for Resource Consumption Accounting models.  It will present an example that shows how a factory floor and supporting activities are modeled and transformed into actionable management information using RCA.   This discussion will highlight the clear causal relationship between operational and financial information when RCA is used to develop cost information. 

To Register: https://attendee.gotowebinar.com/register/6027023943939818499

May  19                The RCA Implementation Process

This discussion will give an overview of the RCA implementation process and the data required.  It will cover some best practices and common issues that arise during implementations. Whether you an RCA novice or experienced implementer, your questions and insights will be a valuable addition to this discussion.

To Register: https://attendee.gotowebinar.com/register/2206782887860082691

June  9  Software Options for RCA

This discussion will explore the various software options for implementing RCA.  This is not a pro and con session on specific software, but rather a general discussion of the nature, scale, and impact of the software options and the circumstances when options should be considered or not considered.  Discussion attendees will be encouraged to share their insights after an introductory overview of the software options. All levels of RCA expertise and experience are welcome.

To Register: https://attendee.gotowebinar.com/register/6754620266062562307

 

2016 Discussion Series

July 15                   RCA and the Conceptual Framework for Managerial Costing (Recorded Webinar)

August 19  11:30 AM    Capacity Information in RCA Models (Recorded Webinar)

September 16  11:30 AM    Identifying Avoidable Costs Using RCA (Recorded Webinar)

October 14  11:30 AM    Issues in RCA Modeling: Managerial Cost Objects (Recorded Webinar)

Nov 18  11:30 AM         RCA: Linking Operations and Finance (Recorded Webinar)

Dec 9     11:30 AM         What is “Truth” in Managerial Costing? (Recorded Webinar)

 

Article on International Federation of Accountants (IFAC) Knowledge Gateway 

RCA Institute Executive Director, Larry White, and well known management accounting author, Gary Cokins, have co-authored an article for IFAC comparing German and US managerial costing approaches and providing some historical perspective for the differences.    Please follow the link, read the article, and comment with your thoughts and opinions!!!!!!

RCA in Industrial Engineer Magazine

Larry White also wrote an article on Capacity Measurement and Costing at the invitation of Industrial Engineer's editor.  The article explains the importance of creating capacity measurement and costing for use by operating managers.  It discusses the principles H.L. Gantt employed to convince accountants to provide manager focused information in a world not yet dominated by external financial reporting. It extends Gantt's approaches into modern application using RCA.   The article is titled:  Back to the future with Gantt.   (This article is provided with permission of the Institute of Industrial Engineers from the January 2015 issue of Industrial Engineer, Copyright 2015 Institute of Industrial Engineers. All rights reserved.)  


Recent RCA Presentations

IMA Webinar: The Conceptual Framework for Managerial Costing 

Recorded Presentation - Conceptual Framework for Managerial Costing, Part 1

Recorded Presentation - Conceptual Framework for Managerial Costing, Part 2

RCA Overview & Modeling, Michigan IMA, March 2012

Conceptual Framework for Managerial Costing to Michigan IMA March 2012

January 2012 Discussion: RCA Modeling Basics

RCA Intro and Modeling Presentation, Springfield, MO (IMA)

 Conceptual Framework for Managerial Costing and RCA for the Federal Accounting Standards Advisory Board Forum


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.   

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