Cost Accounting Case Study

International Business & Economics Research Journal - March 2010 Volume 9, Number 3

121

Cost Accounting In Auto Manufacturing Companies In Germany

And The United States

ABSTRACT

Corporate accountants are mandated to prepare and distribute financial accounting reports for external at end of each accounting period. However, there are no similar statutory requirements for corporate accountants to provide managers of their companies with the management accounting information necessary for decision making in their operations. Cost accounting is an important integral part of management accounting. Product costing has always been a much debated issue in management accounting. The area that has generated a host of conflicting views is the allocation of...