A managerial accounting cost method of expensing all costs associated with Manufacturing a particular product
the stock investments account is debited at acquisition under both the equity method and cost method of accounting for investments in common stock
Management accounting includes both financial and cost accounting, tax planning and tax accounting. Cost accounting, on the other hand, does not include financial accounting, tax planning and tax accounting.
compare and contrast cost accounting and financial accounting
Cost accounting is a subset of management accounting, although the two are used interchangeably.
Itemise and evaluate the criticism of traditional cost of accounting system?
cost of production report lifo method fifo method
A managerial accounting cost method of expensing all costs associated with Manufacturing a particular product
L. Revsine has written: 'Replacement cost accounting'
the stock investments account is debited at acquisition under both the equity method and cost method of accounting for investments in common stock
Robert K. Eskew has written: 'Teaching technique in accounting for replacement cost' -- subject(s): Accounting, Replacement of industrial equipment, Study and teaching
Cost accounting mainly becomes a decision making issue. However, it does impact financial accounting with regards to the inventory account on the balance sheet statement and cost of goods sold on the income statement. It is used in manufacturing firms in order to cost there inventory which is not as easy as a retail firm that really justs costs products at the purchase price. While your countries accounting board regulates the method (generally absorption costing) there is significant debate in accounting theory as to which method (variable or absorption) is a better costing method.
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Discuss the various methods of inflation accounting.
A method of accounting wherein the financial report of the subsidiary reflects the parents cost incurred in acquiring the sub.
FCA can be Full Cost Accounting, which is a method of accounting or False Claims Act (US federal law).
computerized accounting is method of accounting using modern accounting technology .it will reduce the problems in manual accounting and help to save time cost ,prepare accurate accounts and also help to easy communication of accounts.