consumption accounting Standard cost accounting Target costing Throughput accounting True cost accounting Life-cycle costing Basic cost elements are:...

Standard cost accounting is a traditional cost accounting method introduced in the 1920s, as an alternative for the traditional cost accounting method...

Cost Accounting Standards (popularly known as CAS) are a set of 19 standards and rules promulgated by the United States Government for use in determining...

In management accounting or managerial accounting, managers use accounting information in decision-making and to assist in the management and performance...

as an alternative to traditional cost accounting. As such, Throughput Accounting is neither cost accounting nor costing because it is cash focused and does...

Environmental full-cost accounting (EFCA) is a method of cost accounting that traces direct costs and allocates indirect costs by collecting and presenting...

inventory accounting. LIFO accounting is permitted in the United States subject to section 472 of the Internal Revenue Code. Standard cost accounting uses...

Financial Accounting Standards Board (FASB) Accounting Standards Codification ASC 330-10-30-1[dead link]; International Accounting Standards IAS 2 Archived...

historical cost are used, many of which require the use of management judgment and may be difficult to verify. The trend in most accounting standards is towards...

Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB)...