Cost accounting documents

  • Cost accounting topics

    Accountants record expenses through one of two accounting methods: cash basis or accrual basis.
    Under cash basis accounting, expenses are recorded when they are paid.
    In contrast, under the accrual method, expenses are recorded when they are incurred..

  • Cost accounting topics

    The cost accounting definition can be referred to as the process of determining and controlling costs that originate with the tracking of expenditures and revenues or the principles on which they are computed and finish with the compilation of periodic statements..

ASSESSMENT STRATEGY. There will be written examination paper of three hours. OBJECTIVES. To provide an in depth study of the Cost Accounting Principles and 

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