REPORTING COST ACCOUNTING IN THE INFO SYSTEM - COLLECTIVE WORK

Costs are a key element of any business, and their effective management is the foundation for success. This publication is a comprehensive source of knowledge on reporting cost accounting, an essential pillar of financial accounting. Learn how to monitor and analyze costs in accordance with applicable accounting regulations.

• In-depth analysis of the essence and classification cross-sections of costs.
• Detailed discussion of the functions, tasks and variations of cost accounting.
• Practical tips for measuring direct costs.
• Methods of allocating costs for auxiliary and production departments.
• Rules for allocating costs over time.
• Various methods of cost calculation.
• Professional reporting of cost information in the financial statements.

This publication is ideal for those interested in cost management and wanting to explore the secrets of cost accounting. The simplicity of the language, numerous diagrams, numerical examples and test tasks make it easier to understand the presented content. The authors skillfully combine theoretical issues with their application in practice, which makes this book extremely valuable for students, accountants and managers. Reporting cost accounting is not only an obligation, but above all a tool for optimizing business operations.

This book discusses the essence and classification cross-sections of costs, the functions, tasks and variations of cost accounting, the measurement of direct costs, the allocation of costs for auxiliary and production departments, the allocation of costs over time, the types and methods of cost calculation, and the reporting of cost information in the financial statements. As a result, the reader gains comprehensive knowledge of cost accounting and its role in managing a company.

The reviewed work is interesting and an insightful study highlighting the role of measuring, recording, processing and reporting information about costs as part of the systematic cost accounting of entities required to apply accounting law. In the work, the authors skillfully combine theoretical issues with their application in practice. The book has 242 pages in 272x238 mm format and was published in 2024 by CeDeWu Publishing House.

Effective cost management is critical for any business, and this publication is an invaluable aid in this area. Thanks to it, you will acquire the knowledge and skills necessary to optimize costs and improve the efficiency of your company. Reporting cost accounting is a tool that will allow you to better understand and control costs in your company.