Basics:
Accounting Jobs:
Reports:
Software:
Contact Us:
Blog:
[
?
]
Subscribe To This Site
Understanding Cost Accounting and Cost Accounting Types
Custom Search
Use This Google Search Bar to Search This Entire WebSite!
Understanding cost accounting requires answering the following questions:
What is Cost Accounting?
Are there different types of Cost Accounting?
What type of companies use it?
What is Cost Accounting?
Cost Accounting is a career in which the accountant
maintains the costs of products or services for a company.
Using various reports he reports costs, profits, waste and he creates many unique reports as required.
He establishes burden rates and often is in charge of creating
forecasts
,
budgets
and
business plans
for the company.
The accountant also maintains inventory valuations and may become part of several teams to reduce costs and price new work.
Are there different types of cost accounting?
Manufacturing Cost Accounting
Managerial Cost Accounting
Hospital and Health Care Cost Accounting
Job Order Cost Accounting
Lean Cost Accounting
What types of companies use it?
Manufacturing of all kinds
Service type industries
Hospitals and health care providers
Return to Top of Page
Click Here to Use Google Search Bar to Search This Entire WebSite!
Return from Understanding Cost Accounting to Home Page
