Document Type
Article
Publication Date
1921
Abstract
Many books have been written on the subject of cost accounting, but generally the chief object has been to establish fixed principles, describe various forms and methods in considerable detail, and to set forth the many reasons why every manufacturer should have a good cost accounting practice. This article will forego all such discussion, and will be confined to an outline of the more important problems that must be solved during the installation of a cost system, and of the factors that should be considered in arriving at the solution of those problems. Many cost systems have failed to accomplish the desired results because they were installed without an adequate conception of the problems involved or the factors that should have been considered. It is possible, therefore, that this brief discussion of this question may prove helpful to some of those concerned with the installation and operation of cost systems. The suggestions should be equally helpful to the professional and to the cost accountant directly employed in the factory concerned.
Relational Format
pamphlet
Series Title
Official Publications of the National Association of Cost Accountants, 1921 (Feb.), Vol. II, no. 8
Recommended Citation
Crockett, H. G., "Some problems in the actual installation of cost systems" (1921). Publications of Accounting Associations, Societies, and Institutes. 117.
https://egrove.olemiss.edu/acct_inst/117