The implementation of a cost accounting system is an important step for a growing small business. Implementation begins with identification of the correct costing system for the business, moves on to ...

Many companies use some type of system to determine the minimum value of produced products. Process costing is an allocation system companies use to allocate cost for homogeneous items produced by a ...

At Nebraska Medicine, department managers have a strong incentive to keep their cost information up-to-date because it drives their budgets. Leaders at Omaha-based Nebraska Medicine, a two-hospital ...

What Is the Cost Accounting Method? The cost accounting method, which assesses a company's production costs, comes in a few broad styles and cost allocation practices. However, cost accounting comes ...

I am a CPA specializing in helping busy business owners decrease the amount of time and energy they need to manage their accounting system. Clint has a small business and drew heavily from his ...