The Influence of Assets Devaluation on Cost Accounting in Manufacturing
Cost is one of the important competitive factors in manufacturing. Cost accounting always aims at providing accurate cost data for decision-makers. However, the manufacturing industries often encounter various risks and uncertainties. In order to ensure the facticity and the comparativity of cost data, they should fully estimate all the risks and losses when they do cost accounting. Assets Devaluation is just a way to deal with these risks and uncertainties. New Accounting Standards for Enterprises has brought forward new requirements and stipulations on assets devaluation. This paper first contrasts some differences on assets devaluation between old standards and new standards; then, focusing on inventory and fixed assets, this paper discusses the influences on manufacturing cost accounting from the two assets devaluation. Finally, this paper also gives some viewpoints on cost accounting under new standards.
Assets Devaluation Inventory Fixed Assets Manufacturing Cost Accounting
Shi Wenli Hou Kaihu Yang Weiping
Faculty of Mechanical & Electrical Engineering, Kunming University of Science and Technology, Kunming, P.R.China, 650093
国际会议
天津
英文
2007-10-20（万方平台首次上网日期，不代表论文的发表时间）