Instead, the company used historical cost accounting, which is legal.
If writers were good at cost accounting, they would probably never start a book.
Up went my anxiety level - I had not been involved with cost accounting since the 1950's.
Further, conventional systems generally do not consider full cost accounting.
Current cost accounting is particularly important during periods of high inflation.
Standard cost accounting can hurt managers, workers, and firms in several ways.
This work is also considered a major conceptual contribution in the field of cost accounting.
Also, productivity can be examined in cost accounting using Unit costs.
If they wanted to make a cost accounting, they could do it without him.
The lack of transparency by using historical cost accounting may make matter worse.