When a business plans a new venture, such as a construction project, a cost statement is an essential tool. Businesses use cost statements to analyze their options and determine the best course of ...

Management accounting techniques break costs into two major cost classifications, product costs, which relate to manufacturing, and period costs, which are all non-manufacturing costs. Product costs ...

Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...

Learn how to use accounting for the management of business operations and financial decisions with an online Graduate Certificate in Management Accounting at Southern New Hampshire University.

Federal regulations require that similar costs be treated consistently as either direct costs or indirect costs, in like circumstances. This regulation imposes a requirement on the University to ...

This procedural statement governs the consistent treatment of the allocation of direct costs and indirect (F&A) costs charged to federal and non-federal grants, contracts, and other sponsored programs ...

This document is intended to serve as formal guidance for CU Boulder regarding the use of funds from sponsored projects for entertainment costs in like circumstances. The university is committed to ...