cost accounting


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cost accountant

n.
An accountant who keeps records of the costs of production and distribution.

cost accounting n.

cost accounting

n
(Accounting & Book-keeping) the recording and controlling of all the expenditures of an enterprise in order to facilitate control of separate activities. Also called: management accounting
cost accountant n

cost′ account`ing


n.
an accounting system that analyzes the cost of items involved in production.
[1910–15]
cost′ account`ant, n.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.cost accounting - keeping account of the costs of items in production
accountancy, accounting - the occupation of maintaining and auditing records and preparing financial reports for a business
costing - cost accounting
References in periodicals archive ?
The Cost Accounting Standards Board (CASB), founded in Public Law 100-679, established 19 Cost Accounting Standards for defense companies.
Cost Accounting in Anglophone Subsidiaries: Empirical Evidence From Germany
Pharmaceutical companies are required to maintain such cost accounting records including all particulars relating to utilization of material, labour or other inputs of items of cost to determine total product cost.
Other vital management tools are cost accounting and foodservice management and reporting systems.
Modern business firms utilize a variety of cost accounting practices in an effort to manage expenditures and maximize profits.
Essentials of cost accounting for health care organizations, 3d ed.
To date the majority of the existing cost accounting literature has examined the strategic factors surrounding organizations at a specific point in time.

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