Faculties and Departments > Cost Accounting

Need for Reconciliation of cost and financial accounts

(1/1)

MD. ABDUR ROUF:
Reconciliation of cost and financial accounts is necessary due to the following two main reasons:
(a)   To find out the reasons for the difference in the profit or loss in cost and financial accounts.
(b)   To ensure the numerical accuracy and reliability of cost accounts  in order to have cost ascertainment, cost control and to have a check on the financial accounts.

Navigation

[0] Message Index