PPT-Cost accounting

COST MANAGEMENT BASICS 1 Agenda Accounting Overview Financial Accounting Budgetary Accounting Management Accounting Output Costs Transfer Pricing 2 Accounting Overview 3 is the production of financial records about an organization Accountancy generally produces financial statements that show in money terms the economic resources under the control of management selecting information that is relevant and representing it faithfully The principles of accountancy are applied to accounting bookkeeping and auditing. & . Analysis. Stan . Bevers. Professor & Ext. Economist. Texas . A&M . AgriLife. Extension Service. Vernon, TX. April 2, 2013. The Changing Role of Risk in Livestock Production Management. COST MANAGEMENT BASICS. 1. Agenda. Accounting Overview. Financial Accounting. Budgetary Accounting. Management Accounting. Output Costs. Transfer Pricing. 2. Accounting Overview. 3. “is the production of financial records about an organization. Accountancy generally produces financial statements that show in money terms the economic resources under the control of management; selecting information that is relevant and representing it faithfully. The principles of accountancy are applied to accounting, bookkeeping, and auditing.. . Cost Accounting: . Foundations & Evolutions, . 9e. . Kinney and . Raiborn. Learning Objectives. What are the relationships among financial, management, and cost accounting?. What are . the sources . RICHARD G. SCHROEDER . MYRTLE W. CLARK . JACK M. CATHEY. THEORY . AND. ANALYSIS: . TEXT AND CASES. 11. TH. EDITION. CHAPTER 9. LONG TERM ASSETS I: . PROPERTY, PLANT AND EQUIPMENT. Property, Plant, and Equipment. Cost Accounting Principles, 9e. Raiborn. . ● . Kinney. Learning Objectives. What are the relationships among financial, management, and cost accounting?. What are . the sources . of authoritative pronouncements for the practice of cost accounting?. Principles – Accounting Constraints, Concepts, Assumptions, and Principles. GAAP PowerPoint . #3. Hierarchy of Qualitative Information. Cost/Benefit. Materiality. www.fasb.org. Discussed in PPT #2. Laura Davis. President – Strategic Consulting Solutions. Executive Member – PDS Consulting Solutions. Populated vs Unpopulated JV. Populated JV’s hold the employees directly.. Requires benefits plans. Workshop Accounts. Introduction:. Production units and workshops established in Indian Railways are meant for Building. (Creating the asset). , Repair & Maintenance of various kinds of Rolling Stock (i.e. Locos, Carriages, Wagons and other departmental vehicles) (. . . Dr . harshdev. . verma. , department of commerce , . d.d.u.gorakhpur. university . gorakhpur. . .. Dr.S.BELLARMIN. DIANA. ASSISTANT . PROFESSOR. PG . & RESEARCH DEPARTMENT OF MANAGEMENT . STUDIES. BON . SECOURS COLLEGE FOR WOMEN, THANJAVUR.. INRODUCTION. Accounting serves the purpose of providing financial information relating a business. Such information is provided to people who have an interest in the organization. Presented by. Dr. . . B. N. Shinde. Assistant Professor. Department of . Commerce. Deogiri . College, Aurangabad. Management Accounting: Introduction. Introduction. . A business enterprise must keep a systematic record of what happens from . INTRODUCTION. ACCOUNTING. . accounting is wider term and includes recording, classifying and summarizing of business transactions in terms of money, preparation of financial reports and analysis and interpretation of these reports for the... Dr. . Meena. Bhatia. Managerial Accounting. Identifying, measuring, analysing, interpreting and communicating for:. …..informed judgements and decisions by . internal. . users of the information.. Outputs. Processes. Inputs. Economic Events. Collecting. Measuring. Storing. Analyzing. Reporting. Managing. Special Reports. Product Costs. Customer Costs. Budgets. Performance Reports. Personal Communication.