Cost Accounting financial definition of Cost Accounting. Cost Accounting finance term by the Free Online Dictionary.

Cost accounting

A branch of accounting that provides information to help the management of a firm evaluate production costs and efficiency.

Cost Accounting

A branch of accounting that observes and calculates the actual costs of a company's operations. Internal managers, rather than auditors, use cost accounting most of the time to identify aspects of their company where costs can be cut. For example, a manager may enlist a cost accountant to determine the most expensive aspects of his/her business that is, where the money goes. The accountant may make a detailed report so that the manager may make decisions based upon it. Because cost accounting is primarily internal, it need not conform to the Generally Accepted Accounting Principles. It is also called managerial or management accounting. See also: Assurance, Activity-based costing.

cost accounting

The field of accounting that measures, classifies, and records costs. A cost accountant, for example, might be required to establish a system for identifying and segmenting various production costs so as to assist a firm's management in making prudent operating decisions.

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Applied Cost Applied Overhead Book Value Per Share Contabilidad a costo de reposicion Contabilidade de custos Contribution Margin Discontinued Operation Discontinued Operations Genka Hou Historical Cost Accounting Convention Managerial Accounting Metodo del costo Net Asset Value Per Share Overdraft Protection Replacement Cost Accounting	It is true that the raw financial data that financial accounting and managerial cost accounting use as input are always the same. Financial accountability at the DoD: reviewing the bidding by Hanks, Christopher H. / Defense A R Journal [ILLUSTRATION OMITTED] Standard cost accounting, which made sense when single-line manufacturing plants were working nonstop to feed virtually unlimited demand, is now the biggest impediment to implementing efficient "lean" manufacturing methods, according to Dan Medley, chief operating officer of Missouri Enterprise. 'Lean accounting' described as aid to manufacturing by Moritz, Gwen / Arkansas Business This means having a CV that shows you have an in-depth knowledge of management and cost accounting principles--particularly budgeting, variance analysis and capital appraisal. Factory finance manager: Adam Lunney explains the development ... by Lunney, Adam / Financial Management (UK)	Correction correction deed correction lines Corrective Advertising Corredor de lotes incompletos Corredor de prestamos hipotecarios correlation Correlation Coefficient Correlation Dimension Correlation Integral correlative water right Corrente Correspondant bancaire Correspondent Correspondent Bank Correspondent Lender Correspondente bancario Corretor de cambio Correzione Corrida bancaria Corso lettera Corte de cupon Corte de cupon y su venta individual cosigner Cost Cost Accounting cost allocation depreciation Cost and Freight cost approach cost basis Cost Center Cost Company Arrangement Cost Depletion Cost Hierarchy Cost Insurance and Freight Cost Method of Inventory Valuation Cost of Capital Cost of Carry Cost of Debt Cost of Equity Cost of Funds cost of funds index Cost of Goods Sold Cost of Lease Financing Cost of limited partner capital Cost of Living Cost of Maintaining a Home Cost of Tender Cost or Market, Whichever is Lower Cost per Click Cost per Thousand	Cost & Freight Cost & Insurance Cost & Operational Effectiveness Analysis Cost & Performance Cost & Planning Status Cost & Training Effectiveness Analysis Cost / benefit analysis Cost / benefit analysis Cost / benefit analysis Cost / benefit analysis cost a bomb cost a king's ransom cost a pretty penny Cost Account Cost Account Authorization Cost Account Charge Number Cost Account Code Cost Account Manager Cost Account Number Cost Account Package Cost Account Performance and Analysis Report Cost Account Performance Report Cost Account Plan Cost Account Program cost accountant cost accountant cost accountant cost accountants cost accountants cost accountants Cost Accounting Cost Accounting and Production Report Cost Accounting for Technological Modernization Cost Accounting Standard Cost Accounting Standards Board Cost Accounting Standards Regulations Cost Accounting System Cost Accounting Tracking System Cost Accumulating, Reporting & Evaluation Cost Acquisition Per User cost adjustment Cost Adjustment and Visibility Tracking System Cost Advisory Group cost allocation depreciation Cost Allocation Distribution Options Cost Allocation Manual Uniformity Team Cost Allocation Matrix Cost Allocation Procedure cost an arm and a leg cost analysis cost analysis cost analysis cost analysis Cost Analysis Brief Cost Analysis Data Requirement Cost Analysis Division Cost Analysis Improvement Group Cost Analysis Organization

Mentioned in

References in periodicals archive

Financial browser

Full browser

Applied Cost
Applied Overhead
Book Value Per Share
Contabilidad a costo de reposicion
Contabilidade de custos
Contribution Margin
Discontinued Operation
Discontinued Operations
Genka Hou
Historical Cost Accounting Convention
Managerial Accounting
Metodo del costo
Net Asset Value Per Share
Overdraft Protection
Replacement Cost Accounting

It is true that the raw financial data that financial accounting and managerial cost accounting use as input are always the same.

Financial accountability at the DoD: reviewing the bidding by Hanks, Christopher H. / Defense A R Journal

[ILLUSTRATION OMITTED] Standard cost accounting, which made sense when single-line manufacturing plants were working nonstop to feed virtually unlimited demand, is now the biggest impediment to implementing efficient "lean" manufacturing methods, according to Dan Medley, chief operating officer of Missouri Enterprise.

'Lean accounting' described as aid to manufacturing by Moritz, Gwen / Arkansas Business

This means having a CV that shows you have an in-depth knowledge of management and cost accounting principles--particularly budgeting, variance analysis and capital appraisal.

Factory finance manager: Adam Lunney explains the development ... by Lunney, Adam / Financial Management (UK)

Correction

correction deed

correction lines

Corrective Advertising

Corredor de lotes incompletos

Corredor de prestamos hipotecarios

correlation

Correlation Coefficient

Correlation Dimension

Correlation Integral

correlative water right