Cost accounting - EDUCATIONLEAVES

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

March 26, 2023May 11, 2023 Sushanta Maiti 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 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

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

March 25, 2023May 11, 2023 Sushanta Maiti 0 Comments 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

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.