Determining Student Cost Using Cost-Based Time-Based Activity -TDABC

Universities and higher education institutions need to accurately calculate the cost of the student for sufficient funding. In this regard, the higher education system faces a fundamental problem in pursuit of performance-based bias in terms of accrual accounting commitment to accurately determine the cost of students. Following the difficulties in implementing the performance-based costing system to calculate cost per student in a performance-based budgeting system, timing-based costing is considered as an alternative to deployment. This method allocates the capacity of the funding groups based on the time consumption it takes to carry out the activity at a cost. Due to the benefits of setting up timing-based pricing in the budgeting system, this study conceptually outlines a cost-based pricing model based on time-based activities to determine the cost of students in universities and higher education institutions. The results show that the use of this method is due to interference The time factor in calculating the cost leads to a precise measurement of student cost, an exploration the nature of the activities, improvement of decision making and effective planning for performance based obituary, and reduces such concerns for financial managers in financing and identify financial resource