Project cost accounting and control 2

2020 ◽  
pp. 112-116
Author(s):  
Dennis Lock
Keyword(s):  
Cost Accounting ◽  
Project Cost ◽  
And Control

GOVERNMENT/BUSINESS SYNERGY: EARLY AMERICAN INNOVATIONS IN BUDGETING AND COST ACCOUNTING

1992 ◽  
Vol 19 (2) ◽  
pp. 123-145 ◽  
Author(s):  
R. Penny Marquette ◽  
Richard K. Fleischman
Keyword(s):  
Twentieth Century ◽  
Progressive Era ◽  
Cost Accounting ◽  
American Government ◽  
Significant Cost ◽  
Industrial Environment ◽  
Early American ◽  
Planning And Control ◽  
And Control ◽  
Governmental Budgeting

This paper examines certain interactions between American government and business which resulted in important innovations in the areas of budgeting and cost accounting early in the twentieth century. The evidence suggests that budgeting methods were initially developed by municipal reformers of the Progressive era and were subsequently adapted by business for planning and control purposes. In like fashion, standard costing and variance analysis were significant cost accounting techniques born to an industrial environment which came to contribute markedly to a continuing improvement of governmental budgeting procedures.

Construction Project Costs Management Research

2014 ◽  
Vol 1079-1080 ◽  
pp. 1115-1118
Author(s):  
Lu Liu
Keyword(s):  
Cost Control ◽  
Construction Project ◽  
Project Cost ◽  
Control Goal ◽  
Project Costs ◽  
Construction Project Cost ◽  
Cost Forecasting ◽  
The Cost ◽  
Cost Plan ◽  
And Control

Themain content of the construction project cost management including costforecast, cost plan, cost control. Do cost forecast, cost control goal set,must be ahead of the labor, material, cost forecasting, construction scheme ofchange of the cost forecast and the prediction of auxiliary construction cost.Cost control should follow the principle of conservation and comprehensivecontrol, there are some effective ways to realize the cost control, forexample, take organizational measures to control the project cost, take technicalmeasures to control the project cost, to take economic measures to control theproject cost, strengthen quality management and control of rework rate, etc.

Profitability Analysis by Market Segments

1973 ◽  
Vol 37 (3) ◽  
pp. 48-53 ◽  
Author(s):  
Leland L. Beik ◽  
Stephen L. Buzby
Keyword(s):  
Cost Accounting ◽  
Marketing Mix ◽  
Marketing Manager ◽  
Market Segments ◽  
Profitability Analysis ◽  
And Control

The contribution approach to cost accounting serves to relate products, channels, and/or other marketing components to the profitability of market segments. Using the profit criterion, the marketing manager can plan and control his decisions for the component being analyzed and make collateral adjustments in other elements of the marketing mix.

Influence and Control Measures of Architectural Design on Project Cost

2013 ◽  
Vol 357-360 ◽  
pp. 2441-2444
Author(s):  
Ling Mei Zhang
Keyword(s):  
Construction Industry ◽  
Architectural Design ◽  
Optimization Design ◽  
Control Measures ◽  
Design Stage ◽  
Project Cost ◽  
Management Positions ◽  
Design Integration ◽  
And Control ◽  
Coordination And Control

Architectural design stage is a key part of the project cost control .Some questions for architectural design to control project cost is still exist, such as not enough deep design, the lack of coherence of the design and cost, lack of management positions and insufficient attention to the owners. It can improve the scientificalness of architectural design of the project cost, and plays an important role to promote the development of the whole construction industry by using some effective measures like optimization design, integration design and professional coordination and control. It can improve the scientificalness of architectural design of the project cost, and plays an important role to promote the development of the whole construction industry.

scholarly journals Economic income, historical costing income and conservatism. An integrated approach

2020 ◽  
Vol 17 (2) ◽  
pp. 28
Author(s):  
Giuseppe Galassi
Keyword(s):  
Balance Sheet ◽  
Integrated Approach ◽  
Cost Accounting ◽  
Capital Gains ◽  
Ecological Rationality ◽  
Historical Cost ◽  
Comprehensive Framework ◽  
And Control ◽  
Gains And Losses ◽  
Economic Income

The paper intends to contribute at the debate on the ‘Evolutionary Advantage of Cost Accounting and Conservatism’ (Accounting, Economics and Law: A Convivium, 2019. 9. issue), founded on Braun’s study (2016) about The Ecological Rationality of Historical Costs and Conservatism. Moving from the IASB Conceptual Framework (2013) it stresses the renewed interest in income concept. The economic financial crisis of 2008-9 stimulated discussions between the traditional ‘received view’ of ‘cost-revenue approach’ (historical cost accounting) and ‘balance-sheet approach’ (‘current values’ and ‘present values’, that is ‘economic values’). Revaluations of assets, liabilities and owners’ equities are consistent with the cost-revenue model as well as the discounting future income flows in order to reach sustainable economic income magnitudes and sustainable economic capital values.The whole function of the information system is related to decision-making and control: the ‘accountability concept’ is crucial in this regard and is part of the process for predicting future ‘economic financial situations’. Certainly historical cost is relevant part of accountability valuation; the future economic results can be better predicted by a long past segment of outcomes from all the entity activity, ‘operating incomes’ and ‘capital gains and losses’. These principles drive in the direction of historical costing (and conservatism) integrated, through ‘revaluations’, with other different methodologies, typically ‘current values’ and ‘present values’, in a unitary systematic comprehensive framework, according to economia aziendale (entity economics) school of thought.

scholarly journals Account books of the Moscow Print Yard (1622-1700): the origins of cost accounting in Russia

2019 ◽  
Vol 16 (2) ◽  
pp. 188
Author(s):  
Marina I. Sidorova ◽  
Dmitry V. Nazarov
Keyword(s):  
Production Control ◽  
Cost Accounting ◽  
17Th Century ◽  
The State ◽  
Enterprise Management ◽  
The Political ◽  
Organizational Changes ◽  
Russian State ◽  
Activity Cost ◽  
And Control

This paper reports the results from the study of the account books (1622-1700) of the Moscow Print Yard, the largest Russian state manufactory in the 17th century. This case confirms the existence of sophisticated calculative techniques in pre-industrial societies and adds an argument in the debate about origins of the cost accounting. Management of the Russian state owned monopoly enterprise used the original cost technique not for efficiency reasons but only for pricing and control of material, labour and financial resources. We also investigate the influence of the organizational changes at the Moscow Print Yard on the evolution of its bookkeeping practice for eighty years. The cause of calculative practice development was intuitive reaction of enterprise management to changing political and economic circumstances. The methods of product costing, pricing, expense recognition and production control are examined within the political, economic, and social context of Russia at the time. The 17th century was the epoch of the formation of the Russian state and the awareness of the state power as the driver for governing of a public life. The paper argues that the political attitudes of the state determined the organizational changes at the state manufactory and transformation of traditional bookkeeping practice to the new type of administrative activity – cost accounting.

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