Cost Accounting, Second Edition covers information and terminologies that prepare students for the final Level of the Accounting Technicians examinations, and the Level 1 Cost Accounting paper for the Chartered Association of Certified Accountants.
The book provides definitions of terms associated with cost and costing and discusses the environment and uses of cost accounting. The text identifies the basic elements of cost accounting and how some of the elements are drawn into the procedures, with focus on materials and conversion cost. The types of costing methods, the typical costing systems, the basic mechanics of process costing, and the impact of losses and gains and work-in-progress are also considered. The book discusses marginal and standard costing, budget, and variance analysis, which is the essential mechanics of the operation of standard costing. The book also apprises cost accounting system, integrated accounts, and the presentation of cost accounting information. The last part of the book aims to review the communications constraints and desires put upon the accountant and to go into the mechanics of report writing.
The book will be invaluable to certified accountants, management accountants, and non-mathematical students taking accounting subjects.
Preface 1 Introduction 2 Cost Ascertainment - Materials 3 Conversion Costs 4 Types of Costing 5 Job Costing 6 Process Costing 7 Marginal Costing 8 Budgets 9 Standard Costing 10 Variance Analysis 11 Cost Accounting Systems 12 Integrated Accounts 13 Presentation of Cost Accounting Information Index
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- © Butterworth-Heinemann 1989
- 1st January 1989
- eBook ISBN: