Standard Accounting and Cost System

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Publisher :
ISBN 13 :
Total Pages : 234 pages
Book Rating : 4.94/5 ( download)

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Book Synopsis Standard Accounting and Cost System by : Machinery Builders Society

Download or read book Standard Accounting and Cost System written by Machinery Builders Society and published by . This book was released on 1924 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Standard Accounting and Cost System for the Electrical Manufacturing Industry

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ISBN 13 :
Total Pages : 134 pages
Book Rating : 4.89/5 ( download)

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Book Synopsis Standard Accounting and Cost System for the Electrical Manufacturing Industry by : National Electrical Manufacturers Association

Download or read book Standard Accounting and Cost System for the Electrical Manufacturing Industry written by National Electrical Manufacturers Association and published by . This book was released on 1926 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Principles of Accounting Volume 2 - Managerial Accounting

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ISBN 13 : 9781680922943
Total Pages : 746 pages
Book Rating : 4.47/5 ( download)

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Book Synopsis Principles of Accounting Volume 2 - Managerial Accounting by : Mitchell Franklin

Download or read book Principles of Accounting Volume 2 - Managerial Accounting written by Mitchell Franklin and published by . This book was released on 2019-02-14 with total page 746 pages. Available in PDF, EPUB and Kindle. Book excerpt: A less-expensive grayscale paperback version is available. Search for ISBN 9781680922936. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the "why" as well as the "how" aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.

Updating Standard Cost Systems

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Publisher : Praeger
ISBN 13 : 9780899307169
Total Pages : 254 pages
Book Rating : 4.67/5 ( download)

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Book Synopsis Updating Standard Cost Systems by : Carole B. Cheatham

Download or read book Updating Standard Cost Systems written by Carole B. Cheatham and published by Praeger. This book was released on 1993-03-24 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new manufacturing environment requires new cost-accounting systems as well as new technology. While some authorities have advocated installing new and untried systems, the authors of this book recommend updating the standard cost system which 85 percent of manufacturing firms have in place. Updating the present system can achieve greater benefits in terms of providing information to managers for decision making. It also allows the organization to avoid disruption to the corporate culture and the cost associated with a new system. The authors show how standard cost systems can be redesigned to measure factors recognized to be important in today's manufacturing environment such as quality, production levels, and throughput. They demonstrate how standard cost systems can foster continuous improvement through dynamic rather than static standards. After examining characteristics of the new manufacturing environment and benefits of upgrading the cost system, ways to update the traditional standard cost system are discussed. Revisions include a unique input-output method of variance analysis, specific metrics related to manufacturing performance, ways to identify cost drivers, and use of dynamic standards. The authors demonstrate how to redesign the information-gathering and reporting system as new manufacturing procedures are put in place. They discuss ways that marketing activities are affected and how to plan plant and equipment expenditures in an automated environment. This book is directed primarily towards accountants and managers needing to improve informational content of accounting data for decision-making purposes. It should also be beneficial to any person within the business firm who either supplies data of this type or uses it, such as project analysts, controllers, managers, and even management trainees. Academicians teaching cost and managerial accounting as well as those teaching production management and financial decision-making courses should find it beneficial as a text supplement or as a primary text in courses dealing with current problems in today's changing manufacturing environment.

Fundamentals of Management Accounting

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Publisher : McGraw-Hill/Irwin
ISBN 13 :
Total Pages : 590 pages
Book Rating : 4.15/5 ( download)

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Book Synopsis Fundamentals of Management Accounting by : Robert Newton Anthony

Download or read book Fundamentals of Management Accounting written by Robert Newton Anthony and published by McGraw-Hill/Irwin. This book was released on 1974 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Future role of the Cost Accounting Standards Board

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Publisher : DIANE Publishing
ISBN 13 : 1428974172
Total Pages : 379 pages
Book Rating : 4.73/5 ( download)

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Book Synopsis Future role of the Cost Accounting Standards Board by :

Download or read book Future role of the Cost Accounting Standards Board written by and published by DIANE Publishing. This book was released on 1999 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congress asked the General Accounting Office (GAO) to establish a panel of experts to study and make recommendations regarding the Cost Accounting Standards (CAS) Board and the CAS system against the background of the far-reaching procurement reforms of recent years. This group, the CAS Board Review Panel, believes that there is a continuing need for the CAS and the CAS Board. Cost- based contracts continue to represent the majority of all federal contracting dollars and the original purposes of the CAS--principally the need for uniformity and consistency to protect the government from certain risks inherent in cost-based contracts and to improve communications between the government and contractors with regard to those contracts--remain.

One Cost System Isn't Enough

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ISBN 13 : 9780000881069
Total Pages : 6 pages
Book Rating : 4.66/5 ( download)

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Book Synopsis One Cost System Isn't Enough by : Robert S. Kaplan

Download or read book One Cost System Isn't Enough written by Robert S. Kaplan and published by . This book was released on 1988-01-01 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Accounting for Inventory and Related Property

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ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.05/5 ( download)

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Book Synopsis Accounting for Inventory and Related Property by : United States. Federal Accounting Standards Advisory Board

Download or read book Accounting for Inventory and Related Property written by United States. Federal Accounting Standards Advisory Board and published by . This book was released on 1993 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Standard Costing, Variance Analysis and Decision-Making

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Publisher : GRIN Verlag
ISBN 13 : 3640956281
Total Pages : 39 pages
Book Rating : 4.89/5 ( download)

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Book Synopsis Standard Costing, Variance Analysis and Decision-Making by : Alexander Berger

Download or read book Standard Costing, Variance Analysis and Decision-Making written by Alexander Berger and published by GRIN Verlag. This book was released on 2011-07-12 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2011 in the subject Business economics - Accounting and Taxes, grade: 63%, University of Sunderland, course: Management Accounting and Control, language: English, abstract: This report is divided into two parts. The first part will explain how a standard costing system works and how a variance analysis is used properly. Furthermore, the statement “Standard Costing and Variance Analysis are appropriate to any type and size of organisation” will be critically evaluated. The second part determines factors, which must be considered in the decision-making process. In addition, four scenarios of decisions will be provided and analysed. One of the main objectives of an organisation is to minimise the cost of production and to control the costs as they are limited resources within a business (Gupta, 2010). Management accounting literature provides several tools in order to achieve these objectives. In this context, the system for collecting and reporting revenue and cost information by areas of responsibility is called responsibility accounting (Siegel & Shim, 2006). It is based on the assumption that managers should be held responsible for their performance. A well-designed responsibility accounting system integrates responsibility centers within the organisation. In addition, responsibility centers are units within the organization, which have control over costs and revenues (Siegel & Shim, 2006). There are different types of responsibility centers such as profit centers, investment centers, revenue centers and cost centers. In the following report, the focus is on cost centers. Here, a variance analysis based on standard costing is a performance measure of a cost center (Siegel & Shim, 2006). In addition, a standard costing system is a useful tool facilitating decision-making.

Cost Accounting And Control Systems

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Publisher : APH Publishing
ISBN 13 : 9788176486156
Total Pages : 228 pages
Book Rating : 4.59/5 ( download)

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Book Synopsis Cost Accounting And Control Systems by : R.j.reddy

Download or read book Cost Accounting And Control Systems written by R.j.reddy and published by APH Publishing. This book was released on with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: