Cost accounting

shivaji (job) (424 Points)

30 March 2012  

Hello,

please provide me the steps in cost accounting what is first step and what is last step

1.what are the entires in cost accounts

2.what accounts should be maintained in cost accounts

3.what are the records,statements and reports in cost accounting

4.standard costing ,marginal costing,budgetary control are also part and parcle of cost accounting process?

i want to know what is first step in cost accounts and what is last step in cost accounts (like in financeial accounts passing vouher is first step and prepareing P&L and balance sheet is late step)

thanking you