Description
Cost accounting in this book is much, much more than the conventional cost accounting that primarily works for monthly book closing and compilation of financial statements, i.e., mainly involving cost accumulation, unit cost computation and cost assignment to goods finished and goods incomplete which constitute the major part of inventory account on balance sheet and serve as the base to further account for the cost of goods sold on income statement. This book additionally incorporates: 1. A great variety of cost applications to business operations & management for the purpose of creating tremendous value to companies. Please refer to the examples below shown. 2. Inclusive, scientific and very powerful cost saving, reduction and control system, etc.