Cost accounting and management essentials you always wanted to know /
Kalpesh Ashar and Vibrant Publishers
- 5th Edition.
- [Place of publication not identified] : Vibrant Publishers, 2022.
Cover -- Introduction -- Cost-Volume-Profit (CVP) Analysis -- Decision Making using Relevant Information -- Activity-Based Costing -- Support Department Cost Allocation -- Cost Control -- Customer Profitability -- Glossary.
An accounting system helps capture and organize information related to business transactions. Depending upon the focus, it can be divided into two types – Financial Accounting and Managerial Accounting. A Financial Accounting system contains financial statements and disclosures meant for decision makers external to the company. A Managerial Accounting system contains detailed plans and performance reports meant for decision-makers within the company.