Cost Accounting What It Is, Advantages, Types, Functions

septembre 20, 2021 | Posted by Olivier Cartieri

You can then decide to lay off the unneeded labor or reassign them to another department if possible. Cost accounting is a branch of managerial accounting that is very important for budgeting. It is only after identifying where money is being lost that the company can stop non-profitable activities and expand into profitable activities. Types [...]