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Business Cost Calculator
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BUSINESS COST CALCULATOR
* Activity-based model developed in an IT environment
* Provides standardised process for measuring compliance burden
* Calculates cost to business
* Assists in developing policy
* BCC report included in RIS
Steps for Using the BCC
Step 1: Launch the Business Cost Calculator
Step 2: Start a new file/open existing file
Step 3: Input Compliance Costs
Step 4: See Reports
Office of Best Practice Regulation
Step 3: Calculate Costs
* 3.1 – Overview
* 3.2 – Set Up Cost Constraints
* 3.3 – Create an Option
o Break down the Option into Activities/Tasks
o Calculate the Compliance cost for each activity/task
* Compile Reports
Office of Best Practice Regulation
3.1 Overview
* For a stand-alone Business Cost Calculator Report, the following information is required
o What is the problem
o What are the objectives
o Why is government intervention required?
* Not necessary if the BCC output feeds into the RIS
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Category : CalculatorSource : www.finance.gov.au
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