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Strange accounting

 
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Strange accounting
sajjad_dar2000
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#15
06-23-2005, 06:47 PM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Shahid_fss</i>
<br />Hello guys
This year first time in my life I encountered with cost accounting. This is a realy bad experience. I mean there is nothing common in financial and cost accounting except the word "accounting". That's why I called it strange accounting. There is no logic, just 'rata'. My teacher says, "just learn it, don't try to understand or you'll forget financial accounting too."
I don't understand why it is so different from financial accounting.
Its also a problem that how do I understand it or "learn" it.

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<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
In my point of vies cost accounting is much interesting than the accounting example of cost accounting....and there is no need for rutta

One simple example of cost accounting….
A company budget to produce the product x 10,000 units
Company produce the product X during the year 9,000 units

Now if your are asked to take the variance, you need to use a simple and common sense formula

Budget production 10,000
Actual production 9,000

Variances 1,000


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Messages In This Thread
Strange accounting - by Shahid_fss - 04-11-2005, 04:40 AM
[No subject] - by maani - 04-11-2005, 05:07 AM
[No subject] - by Shahid_fss - 04-11-2005, 05:48 AM
[No subject] - by maani - 04-11-2005, 09:17 AM
[No subject] - by mobin - 04-12-2005, 06:12 AM
[No subject] - by bilal azhar - 04-12-2005, 08:06 AM
[No subject] - by Shahid_fss - 04-13-2005, 07:27 AM
[No subject] - by Desert Sleet - 04-14-2005, 12:16 AM
[No subject] - by Shahid_fss - 04-14-2005, 11:35 PM
[No subject] - by seajnaaz - 06-03-2005, 07:50 PM
[No subject] - by Shahid_fss - 06-04-2005, 06:34 AM
[No subject] - by Shahid_fss - 06-04-2005, 06:38 AM
[No subject] - by salam - 06-08-2005, 04:01 PM
[No subject] - by CBPian - 06-15-2005, 02:24 AM
[No subject] - by sajjad_dar2000 - 06-23-2005, 06:47 PM
[No subject] - by Azeem Shah Khan - 06-25-2005, 06:11 AM
[No subject] - by Shahid_fss - 07-03-2005, 12:11 AM
[No subject] - by Azeem Shah Khan - 07-06-2005, 03:24 AM
[No subject] - by Azeem Shah Khan - 07-06-2005, 03:27 AM
[No subject] - by Shahid_fss - 07-07-2005, 01:51 PM
[No subject] - by shoongill - 12-08-2005, 11:48 AM
[No subject] - by Shahid_fss - 12-10-2005, 11:18 PM

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