Cost Accounting (Classic Reprint)

Angebote / Angebote:

Excerpt from Cost Accounting Cost accounting, as a vital factor of successful business administration, has, in the last few years, been brought home in various ways to many manufacturers who before had never seriously appreciated its importance. The Federal Trade Commission, working for more stable conditions, has conducted a widespread campaign of education, explaining in detail what a cost accounting system is, how it is operated, and the resulting business advantages. Various manufacturers' associations have first paid skilled accountants to devise cost-finding methods suited to their special trade conditions, and then have instituted a vigorous propaganda to induce all engaged in their own particular industry to adopt them, thus making these methods uniform in the trade and securing uniformity of selling prices and the end of reckless and ignorant price-cutting. Now the government, with its need to levy war taxes and its consequent necessity for searching investigation into income and excess profits, requires that estimates and approximations as to production costs and profits shall give place to rational accounting systems giving actual figures by uniform methods. As a result of this pressure and the more intelligent education in accounting given by the better modern schools, cost accounting has become the rule in all intelligently conducted industries, and its methods have been extended to many establishments other than manufacturing industries. Under these circumstances it has been found necessary to bring out this volume as an extension of Nicholson's "Cost Accounting, Theory and Practice" published in 1913, making the work more comprehensive, and bringing it in all respects up to the latest practice. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.