What is involved in Activity Based Costing
Find out what the related areas are that Activity Based Costing connects with, associates with, correlates with or affects, and which require thought, deliberation, analysis, review and discussion. This unique checklist stands out in a sense that it is not per-se designed to give answers, but to engage the reader and lay out a Activity Based Costing thinking-frame.
How far is your company on its Activity Based Costing journey?
Take this short survey to gauge your organization’s progress toward Activity Based Costing leadership. Learn your strongest and weakest areas, and what you can do now to create a strategy that delivers results.
To address the criteria in this checklist for your organization, extensive selected resources are provided for sources of further research and information.
Start the Checklist
Below you will find a quick checklist designed to help you think about which Activity Based Costing related domains to cover and 242 essential critical questions to check off in that domain.
The following domains are covered:
Activity Based Costing, International Financial Reporting Standards, UK tax year, Service management, Management report, UK Police, Cost of goods sold, International Standards on Auditing, Income statement, Financial institution, Balanced Scorecard, Historical cost, Economic Value Added, Financial audit, Financial accounting, Governmental accounting, Cost allocation, Accounting period, Revenue recognition, Generally accepted accounting principles, FIFO and LIFO accounting, Trial balance, Luca Pacioli, Activity Based Costing, Forensic accounting, Variable cost, Convergence of accounting standards, Management accounting, Accounting research, Data collection, Financial statement, Balance sheet, Constant purchasing power accounting, Social accounting, Cost management, Matching principle, Annual report, Cost accounting, Generally accepted auditing standards, International Federation of Accountants, Management Accounting Principles, Indirect costs, Cost driver, Statement of changes in equity, Economic entity, Going concern, Tax accounting in the United States, Fund accounting, Manufacturing sector, Factors of production, Activity-based costing, Cash flow statement, Bank reconciliation, Management discussion and analysis, Accounting networks and associations, Intelligent agent, Fair value, Unit of account, Tax accounting, Flow diagram, Chartered Institute of Management Accountants, Auditor’s report, T accounts, Resource consumption:
Activity Based Costing Critical Criteria:
Model after Activity Based Costing tasks and remodel and develop an effective Activity Based Costing strategy.
– Do we cover the five essential competencies-Communication, Collaboration,Innovation, Adaptability, and Leadership that improve an organizations ability to leverage the new Activity Based Costing in a volatile global economy?
– Who will be responsible for making the decisions to include or exclude requested changes once Activity Based Costing is underway?
– How do we Identify specific Activity Based Costing investment and emerging trends?
International Financial Reporting Standards Critical Criteria:
Accumulate International Financial Reporting Standards leadership and create International Financial Reporting Standards explanations for all managers.
– what is the best design framework for Activity Based Costing organization now that, in a post industrial-age if the top-down, command and control model is no longer relevant?
– What other organizational variables, such as reward systems or communication systems, affect the performance of this Activity Based Costing process?
– What are the record-keeping requirements of Activity Based Costing activities?
UK tax year Critical Criteria:
Collaborate on UK tax year strategies and triple focus on important concepts of UK tax year relationship management.
– What are the disruptive Activity Based Costing technologies that enable our organization to radically change our business processes?
– How do we go about Comparing Activity Based Costing approaches/solutions?
– Who sets the Activity Based Costing standards?
Service management Critical Criteria:
Participate in Service management results and devote time assessing Service management and its risk.
– If SLAs are already negotiated and reference the Catalogue for documentation of the service levels, how do you change service level in the Catalogue without renegotiating the SLA?
– What are the key differences for us between asset management and Service Management?
– Does the service provider have a service desk function based on itil principles?
– What are the use cases that your org is targeting currently for its CMDB/CMS?
– What challenges are your customers facing in their field Service Operations?
– Is there a defined enterprise it tool strategy and architecture model?
– What do enterprises really want from IT service management ITSM?
– How successful have you been to date with your itsm initiative?
– What are reasons to say no to service management changes?
– What are the relevant reasons for IT Service Management?
– How does this service support business activities?
– Do you have a growing list of overdue incidents?
– How will changes affect the customers services?
– What do you see as your major ITSM challenge?
– Is ITIL a contradiction to Agile?
– How will monitoring be done?
– What Tools are in place?
– WHAT IS Service Management?
Management report Critical Criteria:
See the value of Management report failures and probe using an integrated framework to make sure Management report is getting what it needs.
– Which customers cant participate in our Activity Based Costing domain because they lack skills, wealth, or convenient access to existing solutions?
– Does the software Quality Assurance function have a management reporting channel separate from the software development project management?
– Will new equipment/products be required to facilitate Activity Based Costing delivery for example is new software needed?
– Is the Activity Based Costing organization completing tasks effectively and efficiently?
UK Police Critical Criteria:
Co-operate on UK Police planning and get the big picture.
– What other jobs or tasks affect the performance of the steps in the Activity Based Costing process?
– How likely is the current Activity Based Costing plan to come in on schedule or on budget?
– Are there recognized Activity Based Costing problems?
Cost of goods sold Critical Criteria:
Be clear about Cost of goods sold strategies and modify and define the unique characteristics of interactive Cost of goods sold projects.
– In the case of a Activity Based Costing project, the criteria for the audit derive from implementation objectives. an audit of a Activity Based Costing project involves assessing whether the recommendations outlined for implementation have been met. in other words, can we track that any Activity Based Costing project is implemented as planned, and is it working?
– Do the Activity Based Costing decisions we make today help people and the planet tomorrow?
– Why are Activity Based Costing skills important?
International Standards on Auditing Critical Criteria:
Incorporate International Standards on Auditing quality and work towards be a leading International Standards on Auditing expert.
– Does Activity Based Costing include applications and information with regulatory compliance significance (or other contractual conditions that must be formally complied with) in a new or unique manner for which no approved security requirements, templates or design models exist?
– What vendors make products that address the Activity Based Costing needs?
– Can we do Activity Based Costing without complex (expensive) analysis?
Income statement Critical Criteria:
Consider Income statement outcomes and be persistent.
– What is the formula for the debt to equity ratio, and what does it measure?
– How well are assets being used to generate sales revenue?
– What is the difference between Basic EPS and diluted EPS?
– What percentage of the firms capital structure is debt?
– How would you describe a poor, or negative, cash flow?
– How well has management employed the companys assets?
– Who needs to know about Activity Based Costing ?
– Is the capitalization of expenses appropriate?
– What is the amount of your borrowing capacity?
– What is the formula for inventory turnover?
– Is too much cash tied up in inventories?
– What are expected losses in the future?
– Is the companys debt load excessive?
– Is the balance of retained profits?
– What do liquidity ratios measure?
– What do leverage ratios measure?
– What caused sales to go down/up?
– What are the contingencies?
– How is equity calculated?
– What is the bottom line?
Financial institution Critical Criteria:
Tête-à-tête about Financial institution engagements and innovate what needs to be done with Financial institution.
– Data segregation: will the financial institutions data share resources with data from other cloud clients?
– When a Activity Based Costing manager recognizes a problem, what options are available?
– Has or will any financial institution extend you a line of credit?
– Why are financial institutions interested in DLTs?
Balanced Scorecard Critical Criteria:
Study Balanced Scorecard tactics and point out Balanced Scorecard tensions in leadership.
– What process management and improvement tools are we using PDSA/PDCA, ISO 9000, Lean, Balanced Scorecard, Six Sigma, something else?
– How will we insure seamless interoperability of Activity Based Costing moving forward?
– What are current Activity Based Costing Paradigms?
Historical cost Critical Criteria:
Learn from Historical cost tactics and describe which business rules are needed as Historical cost interface.
– Can we add value to the current Activity Based Costing decision-making process (largely qualitative) by incorporating uncertainty modeling (more quantitative)?
– How do we measure improved Activity Based Costing service perception, and satisfaction?
Economic Value Added Critical Criteria:
Analyze Economic Value Added governance and look at the big picture.
– What is the source of the strategies for Activity Based Costing strengthening and reform?
– Who are the people involved in developing and implementing Activity Based Costing?
Financial audit Critical Criteria:
Inquire about Financial audit engagements and oversee Financial audit management by competencies.
– Does Activity Based Costing create potential expectations in other areas that need to be recognized and considered?
– Is Activity Based Costing dependent on the successful delivery of a current project?
– What will drive Activity Based Costing change?
Financial accounting Critical Criteria:
Be clear about Financial accounting tasks and suggest using storytelling to create more compelling Financial accounting projects.
– Where do ideas that reach policy makers and planners as proposals for Activity Based Costing strengthening and reform actually originate?
– Think of your Activity Based Costing project. what are the main functions?
Governmental accounting Critical Criteria:
Explore Governmental accounting failures and customize techniques for implementing Governmental accounting controls.
– How do we make it meaningful in connecting Activity Based Costing with what users do day-to-day?
– Why is it important to have senior management support for a Activity Based Costing project?
– How important is Activity Based Costing to the user organizations mission?
Cost allocation Critical Criteria:
Audit Cost allocation planning and reinforce and communicate particularly sensitive Cost allocation decisions.
– How do senior leaders actions reflect a commitment to the organizations Activity Based Costing values?
– What business benefits will Activity Based Costing goals deliver if achieved?
Accounting period Critical Criteria:
Adapt Accounting period goals and work towards be a leading Accounting period expert.
– What management system can we use to leverage the Activity Based Costing experience, ideas, and concerns of the people closest to the work to be done?
– What is going to be the accounting period?
– How much does Activity Based Costing help?
Revenue recognition Critical Criteria:
Adapt Revenue recognition visions and get going.
– Are there any disadvantages to implementing Activity Based Costing? There might be some that are less obvious?
– Does our organization need more Activity Based Costing education?
– Is revenue recognition aggressive or conservative?
Generally accepted accounting principles Critical Criteria:
Have a session on Generally accepted accounting principles leadership and tour deciding if Generally accepted accounting principles progress is made.
– Will Activity Based Costing have an impact on current business continuity, disaster recovery processes and/or infrastructure?
– What is the purpose of Activity Based Costing in relation to the mission?
FIFO and LIFO accounting Critical Criteria:
Talk about FIFO and LIFO accounting tasks and balance specific methods for improving FIFO and LIFO accounting results.
– How do you determine the key elements that affect Activity Based Costing workforce satisfaction? how are these elements determined for different workforce groups and segments?
Trial balance Critical Criteria:
Merge Trial balance engagements and do something to it.
– Think about the people you identified for your Activity Based Costing project and the project responsibilities you would assign to them. what kind of training do you think they would need to perform these responsibilities effectively?
– In what ways are Activity Based Costing vendors and us interacting to ensure safe and effective use?
Luca Pacioli Critical Criteria:
Familiarize yourself with Luca Pacioli visions and proactively manage Luca Pacioli risks.
– Does Activity Based Costing analysis isolate the fundamental causes of problems?
– Have you identified your Activity Based Costing key performance indicators?
– How can the value of Activity Based Costing be defined?
Activity Based Costing Critical Criteria:
Give examples of Activity Based Costing decisions and learn.
– Think about the functions involved in your Activity Based Costing project. what processes flow from these functions?
– To what extent does management recognize Activity Based Costing as a tool to increase the results?
Forensic accounting Critical Criteria:
Value Forensic accounting management and track iterative Forensic accounting results.
– Marketing budgets are tighter, consumers are more skeptical, and social media has changed forever the way we talk about Activity Based Costing. How do we gain traction?
Variable cost Critical Criteria:
Bootstrap Variable cost leadership and know what your objective is.
– Who is responsible for ensuring appropriate resources (time, people and money) are allocated to Activity Based Costing?
– Are assumptions made in Activity Based Costing stated explicitly?
– How to deal with Activity Based Costing Changes?
Convergence of accounting standards Critical Criteria:
Deduce Convergence of accounting standards planning and raise human resource and employment practices for Convergence of accounting standards.
– Why is Activity Based Costing important for you now?
– What are our Activity Based Costing Processes?
Management accounting Critical Criteria:
Rank Management accounting engagements and visualize why should people listen to you regarding Management accounting.
– Are we making progress? and are we making progress as Activity Based Costing leaders?
– Are there Activity Based Costing Models?
Accounting research Critical Criteria:
Understand Accounting research results and oversee Accounting research management by competencies.
– Is maximizing Activity Based Costing protection the same as minimizing Activity Based Costing loss?
– How will you know that the Activity Based Costing project has been successful?
– What about Activity Based Costing Analysis of results?
Data collection Critical Criteria:
Look at Data collection risks and catalog Data collection activities.
– Does the design of the program/projects overall data collection and reporting system ensure that, if implemented as planned, it will collect and report quality data?
– Is it understood that the risk management effectiveness critically depends on data collection, analysis and dissemination of relevant data?
– Are we collecting data once and using it many times, or duplicating data collection efforts and submerging data in silos?
– Do we double check that the data collected follows the plans and procedures for data collection?
– Do data reflect stable and consistent data collection processes and analysis methods over time?
– Are there standard data collection and reporting forms that are systematically used?
– Who is responsible for co-ordinating and monitoring data collection and analysis?
– What is the definitive data collection and what is the legacy of said collection?
– Do you have policies and procedures which direct your data collection process?
– Do you define jargon and other terminology used in data collection tools?
– How can the benefits of Big Data collection and applications be measured?
– What protocols will be required for the data collection?
– Do you clearly document your data collection methods?
– What is the schedule and budget for data collection?
– Is our data collection and acquisition optimized?
Financial statement Critical Criteria:
Pay attention to Financial statement outcomes and adjust implementation of Financial statement.
– What role does communication play in the success or failure of a Activity Based Costing project?
– How does the organization define, manage, and improve its Activity Based Costing processes?
– What are the barriers to increased Activity Based Costing production?
– How Are Financial Statements Used?
Balance sheet Critical Criteria:
Disseminate Balance sheet issues and maintain Balance sheet for success.
– Are earnings and cash flows sufficient to cover interest payments and some principal repayments?
– Do you currently factor receivables or use them as collateral for loans?
– Do you have a current balance sheet dated right before the disaster?
– What is the total depreciation that has been taken on assets?
– Have all costs to generate current expenses been recognized?
– Are there large costs & earnings in excess of billings?
– Can contractor accurately reevaluate problems on a job?
– What is your current effective interest rate on loans?
– Short-term notes payable: trade notes or borrowing?
– What is the benefit of double-entry bookkeeping?
– How much will retained profits increase by?
– What is the firms sustainable growth rate?
– Are billings in excess of costs?
– What do activity ratios measure?
– What was revenue for the year?
– What is Return on Equity?
– Is gross profit holding?
Constant purchasing power accounting Critical Criteria:
Adapt Constant purchasing power accounting tasks and point out Constant purchasing power accounting tensions in leadership.
– How do we manage Activity Based Costing Knowledge Management (KM)?
Social accounting Critical Criteria:
Meet over Social accounting strategies and acquire concise Social accounting education.
– Are accountability and ownership for Activity Based Costing clearly defined?
– What are the usability implications of Activity Based Costing actions?
Cost management Critical Criteria:
Prioritize Cost management engagements and find out.
– Why is it important to reduce deliverables to a smallest component?
– Is the project on schedule, on budget, and meeting specifications?
– Are the people changing, especially the sponsors or stakeholders?
– Describe the Leadership and Motivation for the Project Team?
– Be sure any new product will perform -how can you be sure?
– Who will be responsible for carrying out each activity?
– People: What are the skills required by the project?
– What is the prime difference between Team and Group?
– What is the Technical aspect of Project Management?
– How much information should be collected?
– How are the project funds to be managed?
– What s the status of the documentation?
– How would proficiency be demonstrated?
– Are new applications cost justified?
– Are we hitting our project targets?
– Who would sign off on the charter?
– Where Do Changes Come From?
– What is Project Vs Process?
– Whom does it serve?
– What Is a Project?
Matching principle Critical Criteria:
Use past Matching principle risks and slay a dragon.
– How do we maintain Activity Based Costings Integrity?
Annual report Critical Criteria:
Bootstrap Annual report planning and diversify disclosure of information – dealing with confidential Annual report information.
– What key measures should we include in our annual report to our Board of Directors?
– What key measures should we include in our annual report to stockholders?
– Will Activity Based Costing deliverables need to be tested and, if so, by whom?
Cost accounting Critical Criteria:
Deliberate over Cost accounting tasks and find the essential reading for Cost accounting researchers.
– Is cost accounting the answer?
Generally accepted auditing standards Critical Criteria:
Facilitate Generally accepted auditing standards risks and develop and take control of the Generally accepted auditing standards initiative.
– Who will provide the final approval of Activity Based Costing deliverables?
International Federation of Accountants Critical Criteria:
Set goals for International Federation of Accountants engagements and look at it backwards.
– What sources do you use to gather information for a Activity Based Costing study?
Management Accounting Principles Critical Criteria:
Illustrate Management Accounting Principles visions and budget the knowledge transfer for any interested in Management Accounting Principles.
– What are your results for key measures or indicators of the accomplishment of your Activity Based Costing strategy and action plans, including building and strengthening core competencies?
– How do you incorporate cycle time, productivity, cost control, and other efficiency and effectiveness factors into these Activity Based Costing processes?
Indirect costs Critical Criteria:
Track Indirect costs projects and find out.
– How are the subunit s indirect costs allocated to products?
– How are a subunit s indirect costs allocated to products?
Cost driver Critical Criteria:
Refer to Cost driver outcomes and reinforce and communicate particularly sensitive Cost driver decisions.
– How can we incorporate support to ensure safe and effective use of Activity Based Costing into the services that we provide?
– Who will be responsible for documenting the Activity Based Costing requirements in detail?
Statement of changes in equity Critical Criteria:
Grade Statement of changes in equity decisions and explore and align the progress in Statement of changes in equity.
– Risk factors: what are the characteristics of Activity Based Costing that make it risky?
– What threat is Activity Based Costing addressing?
Economic entity Critical Criteria:
Reason over Economic entity quality and know what your objective is.
– Is there a Activity Based Costing Communication plan covering who needs to get what information when?
– What is our formula for success in Activity Based Costing ?
– What are specific Activity Based Costing Rules to follow?
Going concern Critical Criteria:
Inquire about Going concern planning and simulate teachings and consultations on quality process improvement of Going concern.
– What are the top 3 things at the forefront of our Activity Based Costing agendas for the next 3 years?
– Can Management personnel recognize the monetary benefit of Activity Based Costing?
– Do we have past Activity Based Costing Successes?
Tax accounting in the United States Critical Criteria:
Pilot Tax accounting in the United States projects and modify and define the unique characteristics of interactive Tax accounting in the United States projects.
– Do Activity Based Costing rules make a reasonable demand on a users capabilities?
– Is a Activity Based Costing Team Work effort in place?
Fund accounting Critical Criteria:
Check Fund accounting management and probe Fund accounting strategic alliances.
– Think about the kind of project structure that would be appropriate for your Activity Based Costing project. should it be formal and complex, or can it be less formal and relatively simple?
Manufacturing sector Critical Criteria:
Steer Manufacturing sector tactics and get going.
– Does Activity Based Costing analysis show the relationships among important Activity Based Costing factors?
Factors of production Critical Criteria:
Deliberate Factors of production failures and define Factors of production competency-based leadership.
– Are there any easy-to-implement alternatives to Activity Based Costing? Sometimes other solutions are available that do not require the cost implications of a full-blown project?
– What potential environmental factors impact the Activity Based Costing effort?
– How do we Lead with Activity Based Costing in Mind?
Activity-based costing Critical Criteria:
Have a meeting on Activity-based costing leadership and track iterative Activity-based costing results.
– Is Supporting Activity Based Costing documentation required?
– How would one define Activity Based Costing leadership?
Cash flow statement Critical Criteria:
Judge Cash flow statement risks and do something to it.
– Why should we adopt a Activity Based Costing framework?
Bank reconciliation Critical Criteria:
Use past Bank reconciliation issues and improve Bank reconciliation service perception.
– How do we Improve Activity Based Costing service perception, and satisfaction?
– What are the long-term Activity Based Costing goals?
Management discussion and analysis Critical Criteria:
Do a round table on Management discussion and analysis management and check on ways to get started with Management discussion and analysis.
– What are your current levels and trends in key measures or indicators of Activity Based Costing product and process performance that are important to and directly serve your customers? how do these results compare with the performance of your competitors and other organizations with similar offerings?
– What may be the consequences for the performance of an organization if all stakeholders are not consulted regarding Activity Based Costing?
Accounting networks and associations Critical Criteria:
Do a round table on Accounting networks and associations projects and catalog what business benefits will Accounting networks and associations goals deliver if achieved.
– What is the total cost related to deploying Activity Based Costing, including any consulting or professional services?
Intelligent agent Critical Criteria:
Have a session on Intelligent agent decisions and point out improvements in Intelligent agent.
– Meeting the challenge: are missed Activity Based Costing opportunities costing us money?
Fair value Critical Criteria:
Use past Fair value leadership and don’t overlook the obvious.
– Are estimated fair values unbiased?
Unit of account Critical Criteria:
Huddle over Unit of account issues and tour deciding if Unit of account progress is made.
Tax accounting Critical Criteria:
Start Tax accounting strategies and define what do we need to start doing with Tax accounting.
– Is Activity Based Costing Realistic, or are you setting yourself up for failure?
– How do we go about Securing Activity Based Costing?
Flow diagram Critical Criteria:
Canvass Flow diagram projects and get answers.
Chartered Institute of Management Accountants Critical Criteria:
Detail Chartered Institute of Management Accountants engagements and report on setting up Chartered Institute of Management Accountants without losing ground.
Auditor’s report Critical Criteria:
Design Auditor’s report management and modify and define the unique characteristics of interactive Auditor’s report projects.
T accounts Critical Criteria:
Paraphrase T accounts issues and get out your magnifying glass.
– What are your key performance measures or indicators and in-process measures for the control and improvement of your Activity Based Costing processes?
– Are vendor default accounts and passwords disabled or changed on production systems before putting a system into production?
– Who will be responsible for deciding whether Activity Based Costing goes ahead or not after the initial investigations?
– Who has what accounts?
Resource consumption Critical Criteria:
Communicate about Resource consumption engagements and adjust implementation of Resource consumption.
– What are the key elements of your Activity Based Costing performance improvement system, including your evaluation, organizational learning, and innovation processes?
– Have the types of risks that may impact Activity Based Costing been identified and analyzed?
This quick readiness checklist is a selected resource to help you move forward. Learn more about how to achieve comprehensive insights with the Activity Based Costing Self Assessment:
Author: Gerard Blokdijk
CEO at The Art of Service | http://theartofservice.com
Gerard is the CEO at The Art of Service. He has been providing information technology insights, talks, tools and products to organizations in a wide range of industries for over 25 years. Gerard is a widely recognized and respected information expert. Gerard founded The Art of Service consulting business in 2000. Gerard has authored numerous published books to date.
To address the criteria in this checklist, these selected resources are provided for sources of further research and information:
Activity Based Costing External links:
Activity Based Costing Ch. 17 Flashcards | Quizlet
Activity Based Costing: ABC Examples explained …
2-5.3 Activity Based Costing
International Financial Reporting Standards External links:
International Financial Reporting Standards – IFRS
Service management External links:
ServiceAide Cloud Service Management
ManageEngine – IT Operations and Service Management …
Management report External links:
Management report. (eJournal / eMagazine, 1983) …
Mayor’s Management Report (MMR) – Mayor’s Office of …
What is a management report? | Reference.com
Cost of goods sold External links:
Cost Of Goods Sold – COGS Definition | Investopedia
What is Cost of Goods Sold? (COGS) – The Balance
[PDF]Form 1125-A Cost of Goods Sold – Internal Revenue …
Income statement External links:
Delta Air Lines, Inc. (DAL) Income Statement – NASDAQ.com
AMZN Annual Income Statement – Amazon.com Inc. …
Return on Equity (ROE) and Income Statement Analysis
Financial institution External links:
Virginia SCC – Bureau of Financial Institutions
Balanced Scorecard External links:
How to Create a Balanced Scorecard: 10 Steps (with Pictures)
BSC Designer® Online – Web-Based Balanced Scorecard
Balanced Scorecard Software From ClearPoint Strategy
Historical cost External links:
[PDF]Historical Cost Indexes
Historical Cost – Accounting Simplified
Historical cost — AccountingTools
Economic Value Added External links:
EVA – Economic Value Added
What Is Economic Value Added? | Inc.com
Economic Value Added EVA – YouTube
Financial accounting External links:
[PDF]Statement of Financial Accounting Standards No. …
[PDF]Statement of Financial Accounting Standards No. 2
Principles of Financial Accounting | Independent Study
Governmental accounting External links:
Master of Accountancy in Governmental Accounting …
Governmental Accounting: Fundamental Principles …
ERIC – Governmental Accounting: Comprehensive …
Cost allocation External links:
[PDF]Model Cost Allocation Plan (PDF) – ed
Cost Allocation & Payment – Unified Title Company
Accounting period External links:
[PDF]Chapter 5 – Accounting Period Clearing & Closing
Change in Accounting Period – IRS Tax Map
Revenue recognition External links:
Revenue Recognition Highlights: June 2017 | Bloomberg …
Topic 13: Revenue Recognition – SEC.gov
Revenue Recognition Impact on Insurance Industry
Generally accepted accounting principles External links:
What are the generally accepted accounting principles …
Generally Accepted Accounting Principles – GAAP
FIFO and LIFO accounting External links:
FIFO and LIFO accounting.? | Yahoo Answers
Popular Videos – FIFO & FIFO and LIFO accounting – YouTube
Trial balance External links:
Trial Balance – cpawriter.com
Trial Balance – Video | Investopedia
Accounting Trial Balance Example and Financial …
Luca Pacioli External links:
Amazon.com: Luca Pacioli: Books
Luca Pacioli: Father of Accounting – YouTube
Luca Pacioli Professional Services – Home | Facebook
Activity Based Costing External links:
2-5.3 Activity Based Costing
Activity Based Costing: ABC Examples explained …
TruCosting – Activity Based Costing
Forensic accounting External links:
Forensic Accounting legal definition of Forensic Accounting
Forensic Accounting Firm | MDD Forensic Accountants
Fraud Examiners, Forensic Accounting, Fraud …
Variable cost External links:
[XLS]Variable Cost of Production – Montana State University
Variable Costs – Shutterstock
variable cost – Everything2.com
Convergence of accounting standards External links:
Video on the Convergence of Accounting Standards (US …
Management accounting External links:
Title Management Accounting – scribd.com
Management Accounting Careers | Accounting.com
Rental Property Management Accounting Software | …
Accounting research External links:
CCH Accounting Research Manager®
GMT Research | The accounting research firm
Data collection External links:
Welcome | Data Collection
ntst.com – Data Collection Online
Sign In | Fulcrum – Data Collection Redefined
Financial statement External links:
[PDF]PERSONAL FINANCIAL STATEMENT PFS
Financial Statement – TN.Gov
Personal Financial Statement Filers
Balance sheet External links:
Reconciliation of Balance Sheet Accounts | UMN Policy
Living Balance Sheet
Balance Sheet | Explanation | AccountingCoach
Constant purchasing power accounting External links:
[PDF]Constant Purchasing Power Accounting 11 …
Constant purchasing power accounting | CourseNotes
Social accounting External links:
Social Accounting Jobs – Apply Now | CareerBuilder
The Importance of Social Accounting – Quora
Social Accounting: An Emerging Career Path for …
Cost management External links:
Cost Management. (Journal, magazine) [WorldCat.org]
Army Cost Management (ACM) Portal
What is cost management? – Definition from WhatIs.com
Matching principle External links:
matching principle definition | Dictionary | AccountingCoach
Annual report External links:
Annual Reports | Investors Title
SEC.gov | Annual Report
Title I Annual Report / Title 1 Annual Report
Cost accounting External links:
Cost accounting. (Book, 1993) [WorldCat.org]
Cost accounting (Book, 1994) [WorldCat.org]
Cost Accounting – AbeBooks
Generally accepted auditing standards External links:
Generally Accepted Auditing Standards – GAAS
AU 150 Generally Accepted Auditing Standards – PCAOB
International Federation of Accountants External links:
About the International Federation of Accountants | IFAC
International Federation of Accountants (IFAC) – Google+
INTERNATIONAL FEDERATION OF ACCOUNTANTS – GuideStar …
Management Accounting Principles External links:
Management accounting principles (Book, 1965) …
Indirect costs External links:
Direct and Indirect Costs | Admissions and Financial Aid
Direct vs. Indirect Costs: Classifying Business Expenses
What Is Overhead Allocation? Indirect Costs and …
Cost driver External links:
[PDF]Cost Driver Optimization in Activity-Based Costing – …
Activity Cost Driver – Investopedia
Cost driver — AccountingTools
Statement of changes in equity External links:
Statement of Changes in Equity : OpenReference
[PDF]Group statement of changes in equity – Tesco PLC
Going concern External links:
A going concern (eBook, 2015) [WorldCat.org]
IN Going Concern Endorsement (E-2655)
[PDF]Going Concern Questionnaire – Texas Department of …
Fund accounting External links:
What is Fund Accounting? definition and meaning
[PDF]FUND ACCOUNTING INTRODUCTION FUND …
FUND ACCOUNTING MANAGER | RecruitIreland.com
Manufacturing sector External links:
[PDF]Title Manufacturing Sector Workplan 2017 18: …
What is MANUFACTURING SECTOR – Black’s Law …
[PPT]INDIAN MANUFACTURING SECTOR
Factors of production External links:
Factors Of Production – Investopedia
Three Factors of Production Flashcards | Quizlet
In economics, factors of production (inputs) are used in the production process to produce finished goods (outputs). The amounts of the inputs used determine the quantity of output according to a relationship called the production function. There are three basic resources or factors of production: land, labor, and capital. Some modern economists also consider entrepreneurship or time a factor of production.
Activity-based costing External links:
Activity-Based Costing – ABC – Investopedia
Cash flow statement External links:
Cash Flow Statement | Explanation | AccountingCoach
AMZN Annual Cash Flow Statement – Amazon.com Inc. …
[PDF]How to Prepare a Cash Flow Statement – Loans | Zions …
Bank reconciliation External links:
Bank Reconciliation Jobs – Monster.com
[PDF]CASH COUNT AND BANK RECONCILIATION AUDIT …
How to Audit a Bank Reconciliation | Chron.com
Management discussion and analysis External links:
Management Discussion and Analysis – MD&A – Investopedia
[DOC]Sample Management Discussion and Analysis …
What is the ‘Management Discussion and Analysis – MD&A’ Management discussion and analysis (MD&A) is the section of a company’s annual report in …
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Intelligent agent External links:
Intelligent Agent Foundations Forum | New Stories
Fair value External links:
True Fair Value
Fair Value Definition | Investopedia
Unit of account External links:
What is Unit Of Account? definition and meaning
Definition of UNIT OF ACCOUNT – Merriam-Webster
https://www.merriam-webster.com/dictionary/unit of account
Unit of account
http://A unit of account in economics is a nominal monetary unit of measure or currency used to value/cost goods, services, assets, liabilities, income, expenses; i.e., any economic item. It is one of three well-known functions of money. It lends meaning to profits, losses, liability, or assets.
Tax accounting External links:
Tax Accounting – Investopedia
Tax Accounting Jobs – Search Tax Accounting Job …
Flow diagram External links:
[PDF]Flow Diagram – California Department of Food and …
[PDF]Flow Diagram for Determining Potentially Affected …
Simple Process Flow Diagram in PowerPoint
Auditor’s report External links:
The Auditor’s Report E-newsletter | Mass.gov
T accounts External links:
Using T Accounts Flashcards | Quizlet
T accounts, Trial Balance and Balance Sheet Tutorial – YouTube
Resource consumption External links:
[PDF]A RESOURCE CONSUMPTION MODEL (RCM) FOR …