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Category: Introduction

Behavior of Costs

October 14, 2017 Khayyam Javaid, ACA

Costs can be classified as fixed or variable costs on the basis of their behavior to the change in level…

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Posted in: Introduction, Management Accounting

Types of Costs

Khayyam Javaid, ACA

Cost is the value of resources sacrificed, consumed or given up to obtain any other resource/ benefit or asset. For…

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Posted in: Introduction, Management Accounting

Management Accounting Introduction

Khayyam Javaid, ACA

Management accounting is a broader field of which cost accounting is a subset. It takes into account the quantitative information…

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Posted in: Introduction, Management Accounting

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    Financiopedia
    • Financial Accounting
      • Basics of accounting
      • Double-entry accounting system
      • Accounting cycle
      • Accounting principles
      • Bookkeeping
      • Accounting of assets
      • Property, plant and equipment
      • Financial instruments
      • Inventory
      • Accounts receivable
      • Accounting of liabilities
      • Accounting of income
      • Accounting of expenses
    • Management Accounting
      • Introduction
      • Relevant costing
      • Cost of Goods Sold Statement
      • Marginal and Absorption Costing
      • Inventory Valuation
      • Inventory Management
    • IFRS
      • IFRS 15 – Revenue from contracts with customers