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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```*``` I love stars;
*`*`*`* Shining;
`*`*`*` and Smiling;
*`````* Always.
------------------------
[email protected]
http//www.shahid-fss.tk
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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 accountingâ¦.
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
<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.
========================
```*``` I love stars;
*`*`*`* Shining;
`*`*`*` and Smiling;
*`````* Always.
------------------------
[email protected]
http//www.shahid-fss.tk
========================
<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 accountingâ¦.
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