Author: John Whitmore
Publisher: Routledge
ISBN: 1000166902
Category : Business & Economics
Languages : en
Pages : 152
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This book, first published in 1984, is a collection of six classic articles by the famed accountant John Whitmore. The articles, written between 1906 and 1908, provide a key analysis of standard costing and cost accounting.
Author: Harry Marc Rowe
Publisher:
ISBN:
Category : Bookkeeping
Languages : en
Pages : 67
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Author: William Kent
Publisher:
ISBN:
Category : Cost accounting
Languages : en
Pages : 280
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Book Description
Author: Harry Marc Rowe
Publisher:
ISBN:
Category : Bookkeeping
Languages : en
Pages : 96
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Author: Alexander Hamilton Church
Publisher:
ISBN:
Category : Cost accounting
Languages : en
Pages : 480
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Author: Paul Moody Atkins
Publisher:
ISBN:
Category : Cost accounting
Languages : en
Pages : 416
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Author: A. Hamilton Church
Publisher: Forgotten Books
ISBN: 9781330318270
Category : Business & Economics
Languages : en
Pages : 470
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Book Description
Excerpt from Manufacturing Costs and Accounts While many excellent treatises exist on Cost Accounting, there is none, as far as 1 know, that can be placed in the hands of a student for the purpose of gradually introducing him to the underlying principles on which manufacturing accounting of all kinds must rest. The subject is so vast, and the side issues so numerous that to compile a treatise that shall not be, on the one hand, quite unwieldly, or on the other, quite inadequate, is a very difficult task. The temptation to elaborate minor points is constantly present, and in doing so the main thread of the subject is apt to be interrupted. It has seemed more important to present a comparatively simple view of the general structure of cost accounts than to attempt the detailed description of specific systems, on which in fact many adequate volumes arc already in existence. At the same time, the peculiar position of the cost accountant had to be kept in mind. The cost man is rarely an accountant in the full sense of that word. He lives in a world of detail, and is apt to undervalue the broader groupings that alone interest, as a rule, the general accountant. It has been attempted in the present work to show the cost accountant the relation of his work to the general accounts. Further, the peculiar value of detail to the technical arm has been emphasized with a view to exhibit to the general accountant a viewpoint that he sometimes misses. The aim of this book is, therefore, somewhat different from that of existing works. The why and wherefore of cost accounting is its peculiar field, and it is hoped that armed with this fundamental information the student will have no difficulty in applying his reading to the particular problems he may meet. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Frederick Henry Baugh
Publisher:
ISBN:
Category : Cost accounting
Languages : en
Pages : 228
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Author: William Kent
Publisher: Forgotten Books
ISBN: 9781330020876
Category : Business & Economics
Languages : en
Pages : 277
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Book Description
Excerpt from Bookkeeping and Cost Accounting for Factories The author of this treatise was a bookkeeper and cost accountant for some years before he became ail engineer, and many times during his career as an engineer and as manager of works he had occasion to install systems of bookkeeping and cost accounting and to audit books. In this way, and by reading much of the extensive literature on accounting, he has kept in touch for over forty years with the development of accounting practice. More than twenty years ago he was urged by the president of one of the largest manufacturing corporations in New England to write a book on factory cost accounting, but he was then too busy with other matters and the suggested book had to be postponed to the indefinite future. Some three years ago the suggestion was repeated at a conference of several professional accountants, who agreed that the literature on cost accounting was in a most chaotic shape and was altogether unsatisfactory. The author then began a serious re-study of the subject, by reading many of the most recent books, both English and American (there has been a large crop of them in the last ten years), re-reading the articles on accounting that had appeared in Engineering Magazine and in the Transactions of the American Society of Mechanical Engineers during the last twenty-five years, and by visiting many factories and conferring with t heir managers and cost accountants. The result of the study was to confirm the statement that the word "chaos" properly describes the bulk of the literature, and the cost accounting methods in most factories. There are many good books 011 bookkeeping and ordinary accounting, and some useful books on certain parts of the general subject of cost accounting, but there seems to be a lack of books covering a wide field and representing the host modern practice. The principal faults of the existing books may be listed as follows: 1. Ovcr-conscrvatism. Adherence to old-fashioned theories and fallacies. 2. Over-development of red tape, leading to unnecessary clerical work. 3. Too much variety and novelty of method. 4. Vagueness and lack of detail in descriptive text. 5. Incompleteness. Partial treatment of complex subjects. Accounting practice in factories, and that of professional accountants who are introducing their "systems" into factories, varies all the way from excellent to very }K>or. Some accountants arc in advance of the books both in theory and in practice. Others have not yet come abreast of the modern ideas of accounting. A few of the fallacies that are rapidly being discarded are: that interest on investment forms no part of factory cost; that business and selling expense arc part of cost; and that a profit cannot arise until a thing is sold. Wrong methods of distributing burden are most common. The ratio of nonproductive to productive lalior is by many still considered to be an index of the efficiency of the manager. "Tying the costs to the general books" is erroneously supposed to prove the accuracy of the cost accounts. Inventories are priced and profits and losses are computed on the basis that the goods in the warehouse and stores arc worth just what it cost to produce them, possibly many months earlier, although market values may have advanced or declined in the meantime. Inventories are inflated by charging to the cost of finished product the cost of keeping part of the factor}' idle. The time has arrived when there is a need for a systematic treatise on cost accounting which will start the student at the beginning with the elementary principles of double entry bookkeeping and lead him through factory accounting to cost accounting, giving him not only the fundamental theory in accordance with the views of the ablest modern accountants, but also warning him against the time-worn fallacies of the older school. Such a trealise the author has un...
Author: Frank Erastus Webner
Publisher:
ISBN:
Category : Cost accounting
Languages : en
Pages : 624
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Book Description
