Cost accounting is a way of processing data that can be used to make decisions. financial data<\/strong> different from general accounting<\/strong>.<\/p>\n\n\n\n It is an accounting system at the service of management<\/strong>. It is used to assess costs<\/strong> to better understand how your business is shaped. result.<\/strong><\/p>\n\n\n\n Considered a management tool<\/strong> and\u2019decision support<\/strong>, It is essential in certain situations companies<\/strong>, At a time when decision-making<\/strong> are getting shorter.<\/p>\n\n\n\n No, but it is highly recommended in certain areas, in particular for determining costs, whether by activity, by site, by file, or for monitoring the various aspects of a project. functions<\/strong> production, marketing, after-sales service, etc.<\/p>\n\n\n\n So you can find out about revenue<\/strong> and expenses<\/strong> relating to a specific customer, for example.<\/p>\n\n\n\n La cost accounting<\/strong> is based on general accounting data. However, there is no formalism<\/strong> unlike the latter.<\/p>\n\n\n\n It is fully adapted to the operation and use of the\u2019organisation<\/strong> of the company, which makes it a steering tool<\/strong> financial support for the company director<\/strong>.<\/p>\n\n\n\n Cost accounting gives you an overview of projects<\/strong>, activities <\/strong>or construction sites<\/strong> to help you earn money<\/strong> and those who make you lose them.<\/p>\n\n\n\n You know your production costs<\/strong> so you can precisely determine your selling price<\/strong>.<\/p>\n\n\n\n You can assess your budgets accurately.<\/p>","protected":false},"excerpt":{"rendered":" It is a different way of processing financial data from general accounting, and is used to support management. Considered a management and decision-making tool, it is essential for some companies at a time when decision-making times are getting shorter.<\/p>","protected":false},"author":2,"featured_media":922,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualite-du-cabinet"],"yoast_head":"\nIs this compulsory?<\/h2>\n\n\n\n
What is the link with general accounting?<\/h2>\n\n\n\n
Why opt for cost accounting?<\/h2>\n\n\n\n