CHAPTER 2 An Introduction to Cost Terms and Purposes Basic Cost Terminology Cost ± sacrificed resource to achieve a specific objective Actual Cost ± a cost that has occurred…

Part –II Management Accounting MANAGEMENT ACCOUNTING • Management Accounting is the process within an organization that provides information used by managers in planning,…

1. Manufacturing accounts ACC 206 Tobedza 2. What is manufacturing account? • A manufacturing account is prepared in addition to the income statement. It is produced for…

Slide 1 Slide 2 Slide 3 2 BUDGET 101 Session Objectives To understand the regulatory requirements for budgets To understand the budget process To understand how to use the…

Slide 1FOD VOLKSGEZONDHEID, VEILIGHEID VAN DE VOEDSELKETEN EN LEEFMILIEU 8.11.2013 - Symposium B INGE D RINKING IN B ELGIAN MINORS : AN INNOCENT PROBLEM ? Health policy and…

1.Cost Accounting2. Definition Chartered Institute Of ManagementAccountants ( CIMA London ) “ Costing is the technique and process of ascertaining cost” 3. Cost AccountingCost…

1.1 Cost Accounting 2. 2 Definition Chartered Institute Of Management Accountants ( CIMA London ) “Costing is the technique and process of ascertaining cost” 3. 3 Cost…

No Slide Title 3.1a Assignment of direct and indirect costs ⢠Direct costs can be specifically and exclusively identified with a given cost object â hence they can be…

Slide 1Financial reporting Oskar Otsus January 2013 Moldova Slide 2 Topics: Eligible and ineligible costs Funding rates Overheads Form C Personnel costs Changes in budget…

Slide 1Pre-Award: Budget Development for Grants & OCGA Updates UCLA School of Nursing Research Support Team October 29, 2012 Slide 2 The Purpose of Budgets  Demonstrate…