OPINIONSCONCERNINGTHE ORGANIZATIONOF STANDARD COSTS ACCOUNTANCY
The main purpose of this research is to present a way for organizing the accountancy under the conditions of applying the method of standard costs, such that to allow both the registration of standard and effective costs and the separate registration of the deviations from standard costs. Making...
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| Format: | Article |
| Language: | English |
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Universitatea din Craiova
2015-10-01
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| Series: | Annals of the University of Craiova: Economic Sciences Series |
| Subjects: | |
| Online Access: | http://feaa.ucv.ro/annals/v1_2015/5%20-%20ICOnEC_2015_Ionescu%20Ion.pdf |
| Summary: | The main purpose of this research is to present a way for
organizing the accountancy under the conditions of applying the method of
standard costs, such that to allow both the registration of standard and
effective costs and the separate registration of the deviations from standard
costs. Making some pertinent and performance decisions is mainly influenced
by the quality of the information provided to managers and by the promptitude
they are sent. This desiderate is not possible if using classical methods for
calculating costs, reason for which it is mandatory to organize and implement
a managerial accountancy, based on using a modern method, namely the
method of standard costs. The main implications of this method consist of
establishing a pertinent cost, orientated towards the entity management,
regardless the activity domain where it is implemented. The carried out study
concerns only one of the phases performed for applying the method of
standard cost, respectively the organization of the standard costs
accountancy. |
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| ISSN: | 1843-3723 1223-365X |