Cost accounting - EDUCATIONLEAVES

Sushanta Maiti January 21, 2024January 21, 2024 0 Comments asset, asset allocation, Cost accounting, depreciation, economics, industrial management, Purchase price Allocation, value analysis

What is Depreciation? Understand Depreciation in Simple Words. (PDF Inside)

Depreciation is an accounting practice that recognizes the gradual wearing down or obsolescence of assets. Instead of considering their purchase price as a one-time expense, it spreads that cost over their estimated useful life. This allows businesses to accurately represent their financial health and profitability, reflecting the declining value of their assets and preventing misrepresentation of their real worth.

Economics

Sushanta Maiti March 26, 2023May 11, 2023 0 Comments Cost accounting, economics, Employee productivity, Employee retention, Employee valuation, Financial Reporting, HR analytics, Human capital management, Human resource accounting, human resource management, Performance management, ROI of employee development, Talent acquisition, Workforce planning

Human Resource Accounting: [PDF Inside] Method, 3 Major Aspects, Example, Objectives, Functions, Benefits, And Negatives

Human resource accounting is a type of accounting that focuses on measuring the value of a company’s human resources, such as its employees, in financial terms. The basic idea behind human resource accounting is that a company’s workforce is a valuable asset, just like its physical assets, and should be accounted for in a similar manner.

Economics

Sushanta Maiti March 25, 2023May 11, 2023 1 Comment Accounting for production costs, Activity-based costing, Business accounting for costs, Cost accounting, Cost analysis, cost control, Cost Management, Cost reduction, Direct costing, Financial accounting vs. cost accounting, Indirect costing, Job costing, Management Accounting, Manufacturing accounting, Process costing

What is Cost Accounting? [PDF Inside] Types, Objectives, Functions, Benefits, and Negatives, Financial Accounting

Cost accounting is a branch of accounting that deals with the process of recording, analyzing, and reporting the costs associated with producing goods or services. The goal of cost accounting is to help businesses understand the costs involved in their operations, as well as identify ways to reduce those costs and increase profitability.