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  2. Cost accounting - Wikipedia

    en.wikipedia.org/wiki/Cost_accounting

    Download as PDF; Printable version ... Cost accounting is defined by the Institute of Management Accountants as "a systematic set of procedures for ... paper in books ...

  3. Standard cost accounting - Wikipedia

    en.wikipedia.org/wiki/Standard_cost_accounting

    An important part of standard cost accounting is a variance analysis, which breaks down the variation between actual cost and standard costs into various components (volume variation, material cost variation, labor cost variation, etc.) so managers can understand why costs were different from what was planned and take appropriate action to ...

  4. Bookkeeping - Wikipedia

    en.wikipedia.org/wiki/Bookkeeping

    A petty cash book is a record of small-value purchases before they are later transferred to the ledger and final accounts; it is maintained by a petty or junior cashier. This type of cash book usually uses the imprest system: a certain amount of money is provided to the petty cashier by the senior cashier. This money is to cater for minor ...

  5. Management accounting - Wikipedia

    en.wikipedia.org/wiki/Management_accounting

    Download as PDF; Printable version ... in 1987 by Robert S. Kaplan and W. Bruns as a chapter in their book Accounting and ... in cost accounting ...

  6. J. Lee Nicholson - Wikipedia

    en.wikipedia.org/wiki/J._Lee_Nicholson

    J. Lee Nicholson. Jerome Lee (J. Lee) Nicholson (1863 – November 2, 1924) was an American accountant, industrial consultant, author and educator [1] at the New York University and Columbia University, [2] known as pioneer in cost accounting.

  7. Financial accounting - Wikipedia

    en.wikipedia.org/wiki/Financial_accounting

    Cost Accounting is an internal reporting system for an organisation's own management for decision making. In financial accounting, cost classification based on type of transactions, e.g. salaries, repairs, insurance, stores etc. In cost accounting, classification is basically on the basis of functions, activities, products, process and on ...

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