cost accounting

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cost accountant

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

cost accounting n.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

cost accounting

(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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

cost′ account`ing

an accounting system that analyzes the cost of items involved in production.
cost′ account`ant, n.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
The third paper "Time-Driven Activity-Based Cost Accounting: A Critical Review"" (Ringelstein, 2018) examines the claims made about the determination of overhead costs using the time-driven activity-based model.
Lies, Damned Lies, and Cost Accounting: How Capacity Management Enables Improved Cost and Cash Flow Management
Infor , a leading provider of industry-specific cloud applications, today announced the upcoming availability of Infor TrueCostao, a new solution focused on furnishing healthcare providers with accurate cost analytics and cost accounting. Infor TrueCost represents the first healthcare cost accounting solution that is built from the ground up as a component of a healthcare core general financials and ERP solution, Infor CloudSuite Financials and Infor CloudSuite Healthcare.
Both categories require cost accounting be further analyzed and customized to be useful to the leader who uses it, credible enough to enable subordinate accountability or to make important decisions, and affordable since there is literally no end to the scope, complexity, frequency, and level of detail that might be imagined.
ISLAMABAD -- Securities and Exchange Commission of Pakistan in its recent meeting has withdrawn the 1990 Vegetable Ghee and Cooking Oil Companies (Cost Accounting Records) Order, and issued a circular requiring appointment of QCR-rated auditors for performance of cost audit.
The Cost Accounting Standards Board (CASB), founded in Public Law 100-679, established 19 Cost Accounting Standards for defense companies.
Offering case studies from Japanese companies, this work explains how the Japanese style of cost accounting differs from the Western approach and demonstrates how Japanese cost accounting is integrated with the Japanese approach to manufacturing.
ISLAMABAD -- The Securities and Exchange Commission of Pakistan (SECP) has extended the applicability in respect of compliance of Synthetic and Rayon Companies (Cost Accounting Records) Order 2012.
Current methodology of tariff cost accounting in Kyrgyzstan for tariff setting is far behind the times, according to materials of senior expert in the field of energy policy of the Tetra Tech Inc.
Other vital management tools are cost accounting and foodservice management and reporting systems.

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