Cost Accounting (Including Operation and Exercise Manual)

Author: Geng Wei / Country: Mainland China
Publisher:
Publishing Date: 2006-03-01
Features: Cost Accounting is one of the core courses in accounting, primarily focusing on issues related to the accounting and management of product costs in enterprises. This book mainly covers the fundamental theories and methods of cost accounting, cost control, and cost analysis. The book is divided into five parts:
Part I: General Introduction (Chapters 1 to 3) provides a comprehensive overview of the meaning and classification of costs, the origin and development of cost accounting, its basic functions, and the organization of cost accounting work.
Part II: Cost Accounting (Chapters 4 to 10) primarily introduces the fundamental function of cost accounting—cost accounting itself, including the collection and allocation of various element costs, auxiliary production costs, and manufacturing overheads, the calculation of production losses, the calculation and allocation of work-in-progress costs, and the accounting for period costs.
Part III: Product Cost Calculation Methods (Chapters 11 to 16) introduces the impact of enterprise production types on product cost calculation methods, focusing on various basic and supplementary methods of product cost calculation, including the batch method, process costing method, and job costing method. It also introduces new methods adapted to the requirements of modern enterprises: activity-based costing and backflush costing.
Part IV: Cost Control (Chapters 17 to 19) primarily introduces the various control methods that enterprises employ for effective management and to ensure the achievement of operational goals. This includes target costing, standard costing, and fixed-quantity costing systems.
Part V: Cost Analysis (Chapters 20 to 23) introduces various methods and specific applications for analyzing and evaluating cost levels and changes, based on the diverse cost information obtained by enterprises.
During the writing process, the book fully considers the practical characteristics of online distance teaching. It systematically introduces traditional cost accounting theories and methods that have been proven effective through practice while actively incorporating new academic achievements from domestic and international developments with a forward-looking perspective. Through clear and accessible language, the book enables readers to better understand the origins and evolution of cost accounting and master its fundamental theories and methods.
Additionally, the book emphasizes the integration of theory with practice, introducing specific cases and knowledge points to illustrate the practical applications of cost accounting-related concepts. This enhances the knowledge, engagement, and readability of the textbook.