Biography & Upcoming Events

Douglas T. Hicks, CPA

Upcoming Events

Douglas T. Hicks, CPA is President of D. T. Hicks & Co., a consulting firm concentrating on the decision costing needs of small and mid-sized organizations. Before establishing his firm in 1985, he accumulated over fifteen years of financial and management accounting experience, twelve of those years in industry. A graduate of the University of Michigan - Dearborn's School of Management, he is a member of the Michigan Association of CPAs, the Institute of Management Accountants and the Society of Cost Management. In 1997, he received the University of Michigan - Dearborn Alumni Association's Professional Growth and Scholarship Award for his work in advancing modern costing concepts.

Since 1985, Doug has worked with nearly two hundred businesses to develop cost-effective methods for developing the accurate and relevant cost information they need to lead them into a more profitable future. This work has resulted in the "abc" solutionTM, an "activity-based" decision support process, originally designed for small and mid-sized organizations, but one that has proven to be effective for larger organizations as well. Using the "abc" solutionTM, businesses are able to develop the accurate and relevant cost information they need to make effective pricing, product/service line management, customer relationship, capital investment, cost reduction, and other critical decisions without investing in specialized software or implementing a new cost accounting system. His client organizations range from $2 million to over $3 billion in annual sales and have included firms in health care, packaging, distribution, printing, and marketing services as well as automotive, aerospace, food, furniture, heavy duty equipment, and other industries.

As Doug's approach has become more widely known and accepted as a cost-effective approach for adopting "activity-based" concepts, he has become a frequent speaker on the subject. Trade and professional associations regularly use him as a resource for their members. The popularity of Doug's down-to-earth approach to management accounting topics has made him a regular speaker for the Institute of Management Accountants. In addition to including his one-day seminar in their nationwide REAP Program, he was a featured speaker at the IMA's 1993, 1994, 1996, 1998 and 2007 national conferences and in 2005 he served as chairman and lead speaker for their national conference's Cost and Performance Measurement and Maturity track. In 1998, he was selected the IMA's Instructor of the Year, an award based on the results of course evaluations turned in by conference and seminar participants.

Doug's articles have been published in a wide variety of professional and trade magazines including Journal of Accountancy, Cost Management, ActionLine, Plastic Technology, Modern Casting, Precision, Printing Manager, Manufacturing Engineering, Leadership Excellence, and Management Accounting. His two books, Activity-Based Costing for Small and Mid-Sized Businesses: An Implementation Guide (1992) and Activity-Based Costing: Making it Work for Small and Mid-Sized Companies (1998), both published by John Wiley & Sons, have sold over 15,000 copies worldwide. He has also written several industry specific guides for adopting activity-based concepts and contributed chapters to others' works on management accounting and supply chain management.

  • October 15-16, 2019 - Managerial Costing for Automotive Buyers, Engineers and Cost Estimators - FACTON Costing Educational Series – Troy, Michigan
  • October 22-23, 2019 - Establishing Standards for Cost Calculation Methodologies - Automotive Cost Engineering Conference – Detroit, Michigan
  • October 28, 2019 - Master of Ceremonies - 18th Annual Fall Conference - Michigan Council / Institute of Management Accountants, Lansing, MI
  • November 5-6, 2019 - Managerial Costing for Automotive Buyers, Engineers and Cost Estimators - FACTON Costing Educational Series – Troy, Michigan
  • November 18-20, 2019 - 21st Century Management Accounting - IASeminars – Miami, Florida
  • March 19, 2020 - Master of Ceremonies / Keynote Speaker - IMA Detroit's 14th Annual Management Accounting Conference - Livonia, MI
  • May 12, 2020 - The Conceptual Framework for Managerial Costing - IMA Lansing Chapter Dinner Meeting – Lansing, Michigan
  • Archived Videos
    From March 22, 2012 - "Understanding the Impact of Investment Costs on Profitability and Productivity" - IMA Metro Detroit & Toledo Chapters' Spring Management Accounting Conference:

    From August 18, 2009 - "Implementing Performance Management Methodologies - Pitfalls and Speed-Bumps" - Co-Presenter with Gary Cokins of SAS Institute - CFO Magazine Webcast archived at