Cost Accounting Cheat Sheet

Cost Accounting Cheat Sheet -...

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Mangerialacctn. measrs,analy&reportsfinancial&nonfinancialinformation2helpmanagersmakedecisionstofulfil organizationalgoals.itneednotbeGAAPcompliant. Financialaccounting focusonreportingtoexternalusersincludin ginvestors,creditors&govt.agencies.mustbebasedonGAAP. Costaccounting measures,analyzes&reportsfinancial &nonfinancialinfo.relating2Dcostsofacquiringorusingresourcesinanorganization. ExternalUsers aretheprimaryu sersof FinancialAccounting info. Strategy specifieshwanorganizationmatchesitsowncapabilitieswitDopportuniti esinDmarketplace2accomplishitsobj. Value isDusefulnessacustomergains4rmacompanysprod.orservice. Valuech ain isthesequenceofbusinessfunctionsinwhichcustomerusefulnessisadded2products.Itconsistsof RESEARCH& DEVT , DESIGN , PROD , MARKETING , DISTRIBUTION , CUSTOMERSERVICE . Keysuccessfactors - thedimensionsofperformancedatcustomersexpect&datarekey2Dsuccessofacompanyinclude; COST&EFFICIE NCY managementaccountantscalc.atargetcostforaprod.bysubtractnDoperatnincomeperunitofproductitthinksitca nearnfrmDtargetprice, QUALITY managementimprovesoperationsthruoutDval.chain2deliverprod.&servicesdat
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  • Spring '12
  • alamo
  • ries, Mangerialacctn.measrs,analy&reportsfinancial&nonfinancialinformation2helpmanagersmakedecisionstofulfil organizationalgoals.itneednotbeGAAPcompliant.Financialaccountingfocusonreportingtoexternalusersincludin, es2Ddelveryofprod.2consumersregardlessofwhetherDoseactivitiesoccurinDsameorotherorganizations. 5Decisio, trace[email protected]casuallyaffctscostsovragvntimespan., relvntrangebandofnormalactvtylevlwendersaspecfcrelatnshpbtwnDlevofactvtndagvencost. inventorblcostcapit, (indmanlab,supplies,heat,depr,miscall)=m

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