Management accounting

•  Cost accounting

  In management accounting, cost accounting establishes budget and actual cost of operations, processes, departments or product and the analysis of variances, profitability or social use of funds. Managers use cost accounting to support decision-making to cut a company's costs and improve profitability.

  

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•  Full cost accounting

  Full cost accounting (FCA) generally refers to the process of collecting and presenting information (costs as well as advantages) for each proposed alternative when a decision is necessary. It is a conventional method of cost accounting that traces direct costs and allocates indirect costs. A synonym, true cost accounting (TCA) is also often used.

  

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•  Spend management

  Spend management is the way in which companies control and optimize the money they spend. It involves cutting operating and other costs associated with doing business. These costs typically show up as "operating costs" or SG&A (Selling, General and Administrative) costs, but can also be found in other areas and in other members of the supply chain.

  

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•  Break even analysis

  The break-even point for a product is the point where total revenue received equals the total costs associated with the sale of the product (TR = TC). A break-even point is typically calculated in order for businesses to determine if it would be profitable to sell a proposed product, as opposed to attempting to modify an existing product instead so it can be made lucrative. Break even analysis can also be used to analyze the potential profitability of an expenditure in a sales-based business.

  

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•  Cost management

  

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•  Break-even

  In economics & business, specifically cost accounting, the break-even point (BEP) is the point at which cost or expenses and revenue are equal: there is no net loss or gain, and one has "broken even". A profit or a loss has not been made, although opportunity costs have been paid, and capital has received the risk-adjusted, expected return. For example, if a business sells less than 200 tables each month, it will make a loss, if it sells more, it will be a profit.

  

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•  Total benefits of ownership

  Total benefits of ownership (TBO) is an expression as opposed to total cost of ownership (TCO). The TBO tries to summarize positive effects on acquisition of new computer components. These effects might be increases in high-value work, improvements in accuracy and efficiency, improvements in decision-making or improvements in customer service.

  

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•  Activity-based costing

  Activity-based costing (ABC) is a costing model that identifies activities in an organization and assigns the cost of each activity resource to all products and services according to the actual consumption by each: it assigns more indirect costs into direct costs. In this way an organization can precisely estimate the cost of its individual products and services for the purposes of identifying and eliminating those which are unprofitable and lowering the prices of those which are overpriced.

  

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•  Fixed cost

  In economics, fixed costs are business expenses that are not dependent on the activities of the business They tend to be time-related, such as salaries or rents being paid per month. This is in contrast to variable costs, which are volume-related (and are paid per quantity). In management accounting, fixed costs are defined as expenses that do not change in proportion to the activity of a business, within the relevant period.

  

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•  Throughput Accounting

  Throughput Accounting (TA) is a dynamic, integrated, principle-based, and comprehensive management accounting approach that provides managers with decision support information for enterprise optimization. TA is a relatively new management accounting approach based largely on the identification of factors that limit an organization from reaching its goal and is proposed by Eliyahu M. Goldratt as an alternative to cost accounting.

  

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• Management accounting by likeorhate
• Types of accounting by likeorhate

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•  Zakat

  Zakāt or "alms giving", one of the Five Pillars of Islam, is the giving of a small percentage of one's possessions (surplus wealth) to charity, generally to the poor and needy. It is often compared to the system of tithing and alms, but it serves principally as the welfare contribution to poor and deprived Muslims, although others may have a rightful share. It is the duty of an Islamic community not just to collect zakat but to distribute it fairly as well.

  

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•  Frank Portman

  Frank Portman (better known by the pseudonym Dr. Frank) is an American musician, singer, guitarist, and author. He is the singer, guitarist, and primary songwriter of the Berkeley, California punk rock band The Mr. T Experience, and has remained the only consistent member of the band since its formation in 1985, performing on ten studio albums and five EPs.

  

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• Municipalities of the Northern Cape by likeorhate
•  Griffiss Business and Technology Park

  Griffiss International Airport is a public airport located one mile (2 km) east of the central business district of Rome, a city in Oneida County, New York, United States. This airport is publicly owned by County of Oneida. It is located on the former site of Griffiss Air Force Base, which closed in 1995. Operations from the Oneida County Airport in Oriskany, New York were transferred here in 2006, after which the county closed that airport in January 2007.

  

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•  Charlotte de la Tremoüille, Countess of Derby

  

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