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cost accounting

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
cost accountant
n.
An accountant who keeps records of the costs of production and distribution.
cost accounting n.
cost accounting
Noun
the recording and controlling of all the costs involved in running a business
cost accountant n
ThesaurusLegend:  Synonyms Related Words Antonyms
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
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In Technical Advice Memorandum (TAM) 200609018, the IRS relied on traditional cost accounting principals to determine whether the costs of a taxpayer's engineering and procurement departments qualified as mixed service costs (MSC) that can be allocated between capitalizable activities and deductible activities under Regs.
IRS clarifies direct labor costs cannot be MSC by McWhorter, Terrance / The Tax Adviser
Contract Pricing and Cost Accounting Standards (DFARS Case 2003-D014)
DFARS change 20051220: contract financing by Defense AT & L
It took me several years to realize that the cost accounting principles I learned in college didn't work that easily in a metalcasting facility environment.
Finding a happy medium for pricing castings by Laney, Dick / Modern Casting
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