Cost Accounting Jobs

Cost accounting is the process of recording, classifying, analyzing, summarizing, and allocating costs associated with a process,after that developing various courses of action to control the costs. Its goal is to advise the management on how to optimize business practices and processes based on cost efficiency and capability. Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future. Since managers are making decisions only for their own organization, and there is no need for the information to be comparable to similar i ... nformation from other organizations. Instead, information must be relevant for a particular environment. Cost accounting information is commonly used in financial accounting information, but its primary function is for use by managers to facilitate making decisions. More
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