Beginning in the 1920’s and continually improving, ABC has proven to be the leading method to produce the most reliable, accurate costing information for manufacturing companies today. Although ABC may not be easy to implement, using activities to trace costs provides more accurate information resulting in better strategy, better planning, and better forecasting. However, the most influential aspect of ABC is the ability to save money. The bottom line in business is maximizing shareholder wealth. If a company has a more accurate picture of costs, then it is in a position to achieve higher profits.