Management accounting techniques break costs into two major cost classifications, product costs, which relate to manufacturing, and period costs, which are all non-manufacturing costs. Product costs ...

Cost accounting provides the management of a company with the information it needs to operate the business effectively. It differs from financial accounting in its focus on principles of costing, ...

With product cost accounting for 70% to 90% of every revenue dollar on the income statement, it’s not hard to understand why cost is such a big deal to many companies. In the last decade, there has ...

Discover the differences between absorption and variable costing methods, how they impact financial statements, and why GAAP ...

Since various accounting costs are used in product pricing decisions, this paper identifies conditions under which a particular product cost is appropriate for use in product pricing. The approach ...

You drop a product when it loses money. Simple. But, as with most “simple” things, it’s always a good idea to apply a little extra thought. Going back to your cost accounting course in college, you ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

As a student in our program, you benefit from a curriculum developed with the input of industry leaders from the Big Four and regional accounting firms, and a faculty of leading academics and ...

Innovation is a core Cerner value – and one that is certainly not taken lightly, as seen through the healthcare IT leader’s new Cerner RevElate™ Patient Accounting product launch, announced on October ...