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 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, allowing VOIP or phone call in access. The phone number and weblink will be published about a week before the event. These sessions will be free and open to all; attendance will be on a first come, first serve basis for each event and will be limited to 30.
2012 Schedule (Friday 12-12:30 PM (U.S. Eastern))
January 20 Basic RCA Modeling
February 17 RCA in Action: Applications and Cases
March 16 Marginal Costing with RCA
April 20 Basic RCA Modeling/Issues in RCA Modeling
May 18 Operational Modeling with RCA
June 15 Decision Support using RCA
July 20 Basic RCA Modeling/Issues in RCA Modeling
August 24 RCA and Visualizing Cost Behavior
September 14 How RCA Handles Common Costs
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. His October column is titled: Manufacturing Metrics That Matter To Finance. It discusses the new Manufacturing Enterprise Solutions Association (www.MESA.org) Metrics Framework and Guidebook which the RCA Institute assisted in drafting to better link operations to finance.
Recent RCA Presentations
January 2012 Discussion: RCA Modeling Basics
RCA Intro and Modeling Presentation, Springfield, MO (IMA)
September RCA Discussion: RCA and the Concept of Responsiveness
August RCA Discussion: The Concept of Avoidability and the Blended Cost Concept Error
July RCA Discussion Series: The Role of Cause and Effectin Managerial Costing
June RCA Discussion Series: RCA Modeling Basics
IMA Annual Conference Presentation: Conceptual Framework for Managerial Costing
May RCA Discussion Series: RCA's Focus on Consumption
April RCA Discussion Series: RCA's Focus on Resources
Conceptual Framework for Management Accounting for the Association of Government Accountants
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.