Standard cost accounting system

This paper emphasizes the context and the method of fair value measurement according to International Financial Reporting Standards No 13 (IFRS 13). The term "fair value" is a new concept in Vietnam because of the dominant application of historical cost. Vietnam has gradually updated the fair value method, with historical cost method to assess each kind of asset at timing of financial statement.

8p vilarry 01-04-2024 7 1   Download

Part 1 of ebook "CIMA’s official study system: Management accounting – Performance evaluation (Paper P1, 2006 edition)" provides readers with contents including: cost accounting systems; the theory and practice of standard costing; standard costing and performance evaluation; basic aspects of management accounting; the theory and practice of budgeting;...

279p tuongnhuoclan 27-11-2023 7 4   Download

Continued part 1, part 2 of ebook "Accounting for decision making and control (7th edition)" provides readers with contents including: cost allocation theory; cost allocation practices; absorption cost systems; criticisms of absorption cost systems; standard costs direct labor and materials; overhead and marketing variances;...

399p tuongnhuoclan 27-11-2023 9 4   Download

Ebook "Financial accounting and management control: The tensions and conflicts between uniformity and uniqueness" is about financial accounting and management control and how these two information systems are related as well as how their objectives conflict. At the most fundamental level, the objective of financial accounting is to provide owners and funders with comparable information on a company's value creation.

148p tuongnhuoclan 27-11-2023 12 4   Download

Ebook "CIMA’S official study system: Management accounting dundamentals (Revised edition relevant for 2005/2006 Computer Based Assessment)" has been devised as a resource for students attempting to pass their CIMA computer based assessment, and provides: a detailed explanation of all syllabus areas; generous question practice, together with full solutions; a preparing for the assessment section, complete with assessment standard questions and solutions.

499p tuongnhuoclan 27-11-2023 13 5   Download

Part 1 of ebook "Intermediate accounting (2nd edition)" provides readers with contents including: financial reporting and accounting standards; conceptual framework for financial reporting; the accounting information system; income statement and related information; statement of financial position and statement of cash flows; accounting and the time value of money; cash and receivables; valuation of inventories, a cost-basis approach; inventories additional valuation issues; acquisition and disposition of property, plant, and equipment;...

617p mocthanhdao0210 20-11-2023 8 4   Download

Ebook Intermediate accounting (15th Ed): Part 1 includes contents: Chapter 1 financial accounting and accounting standards; chapter 2 conceptual framework for financial reporting; chapter 3 the accounting information system; chapter 4 income statement and related information; chapter 5 balance sheet and statement of cash flows; chapter 6 accounting and the time value of money; chapter 7 cash and receivables; chapter 8 valuation of inventories: a cost-basis approach; chapter 9 inventories: additional valuation issues; chapter 10 acquisition and disposition of property, plant, and equipment; ...

725p haojiubujain01 03-07-2023 5 2   Download

Ebook Financial and managerial accounting (12/e): Part 2 includes the following content: Chapter 15: financial statement analysis; chapter 16: managerial accounting concepts and principles; chapter 17: job order costing; chapter 18: process cost systems; chapter 19: cost behavior and cost-volume-profit analysis; chapter 20: variable costing for management analysis; chapter 21: budgeting; chapter 22: performance evaluation using variances from standard costs; chapter 23: performance evaluation for decentralized operations; chapter 24: differential analysis and product pricing; chapter 25: ca...

685p haojiubujain01 06-06-2023 1 1   Download

Ebook Cost Accounting-II: Part 2 presents the following content: Cost Accounting Records; Cost Reduction and Cost Control; Information System and Reporting to Management; Standard Costing. Please refer to the documentation for more details.

144p chankora 16-06-2023 6 2   Download

Ebook Cost accounting: Traditions and Innovations (4th Edition) - Part 1 includes contents: Chapter 1 introduction to cost and management accounting in a global business environment, chapter 2 introduction to cost management systems, chapter 3 organizational cost flows, chapter 4 activity-based cost systems for management, chapter 5 job order costing, chapter 6 process costing, chapter 7 special production issues: lost units and accretion, chapter 8 implementing quality concepts, chapter 9 cost allocation for joint products and by-products, chapter 10 standard costing, chapter 11 absorption...

499p haojiubujain01 06-06-2023 4 2   Download

Ebook Cost accounting: Traditions and innovations – Part 1 presents the following content: Chapter 1 introduction to cost and management accounting in a global business environment, chapter 2 introduction to cost management systems, chapter 3 organizational cost flows, chapter 4 activity-based cost systems for management, chapter 5 job order costing, chapter 6 process costing, chapter 7 special production issues: lost units and accretion, chapter 8 implementing quality concepts, chapter 9 cost allocation for joint products and by-products, chapter 10 standard costing, chapter 11 absorption/...

499p runthenight03 07-12-2022 10 4   Download

Chapter 26 - Performance evaluation through standard costs. After studying this chapter, you should be able to: Distinguish between a standard and a budget, identify the advantages of standard costs, describe how standards are set, state the formulas for determining direct materials and direct labor variances, state the formulas for determining manufacturing overhead variances, discuss the reporting of variances, enumerate the features of a standard cost accounting system.

62p runordie9 27-09-2022 14 2   Download

After studying this chapter, you should be able to: Distinguish between a standard and a budget, identify the advantages of standard costs, describe how standards are set, indicate the formulas for determining direct materials and direct labor variances, state the formulas for determining manufacturing overhead variances.

66p runordie4 27-06-2022 10 3   Download

Chapter 10A - Predetermined overhead rates and overhead analysis in a standard costing system. After studying chapter Appendix 10A, you should be able to compute and interpret the fixed overhead budget and volume variances.

24p lovebychance05 16-06-2021 17 1   Download

Lecture Managerial accounting for managers (4e) - Appendix 4A: The predetermined overhead rate and capacity. After studying chapter Appendix 10A, you should be able to compute and interpret the fixed overhead budget and volume variances.

9p tradaviahe15 23-02-2021 19 2   Download

Lecture Managerial accounting for managers (4e) - Appendix 11A: Predetermined overhead rates and overhead analysis in a standard costing system. After studying chapter Appendix 10A, you should be able to compute and interpret the fixed overhead budget and volume variances.

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Chapter 10 - Standard costing and analysis of direct costs. After completing this chapter, you should be able to: Describe the elements of a cost control system, describe two ways to set cost standards and distinguish between perfection and practical standards, compute and interpret the direct-material price and quantity variances and the direct-labor rate and efficiency variances,...

18p koxih_kothogmih7 29-09-2020 20 0   Download

After studying this chapter, you should be able to: Distinguish between a standard and a budget, identify the advantages of standard costs, describe how standards are set, state the formulas for determining direct materials and direct labor variances, state the formulas for determining manufacturing overhead variances, discuss the reporting of variances, enumerate the features of a standard cost accounting system.

48p koxih_kothogmih6 22-09-2020 46 1   Download

Enterprise Resource Planning (ERP) system is one of the most popular forms of IT for businesses at present. Deriving from efforts to rationalize lead times and possession stock costs, the 80’s manufacturing resource planning (MRP II) is developed into ERP system considered as the standard that integrates business processes throughout the organization, which in turn enhances operational efficiency (Akkermans, Bogerd, Yücesan, & Van Wassenhove, 2003; Davenport, 1998). Callaway (1999) states that the ERP system promises to achieve benefits in both tangible (e.g.

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The purpose of this piece of research is to investigate the attitude of Lebanese managers towards the list of ISO series standards such as ISO 14001- Environmental Management System and ISO 14051 - Material Flow Cost Accounting.

12p murielnguyen 25-06-2020 10 1   Download