Accounting and Production

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• Differences between management accounting and financial accounting — The structure of accounting as documented by the International Federation of Accountants The differences between management accounting and financial accounting include:[1] Management accounting provides information to people within an… …   Wikipedia

• Accounting reform — is an expansion to accounting rules that goes beyond the realm of financial measures for both individual economic entities and national economies. It is advocated by those who consider the focus of the present standards and practices wholly… …   Wikipedia

• Differences between managerial accounting and financial accounting — Managerial Accounting Vs Financial AccountingManagement Accounting is used primarily by those WITHIN a company or organization. Reports can be generated for any period of time such as daily, weekly or monthly. Reports are considered to be future… …   Wikipedia

• accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… …   Universalium

• Production function — Graph of Total, Average, and Marginal Product In microeconomics and macroeconomics, a production function is a function that specifies the output of a firm, an industry, or an entire economy for all combinations of inputs. This function is an… …   Wikipedia

• production management — or operations management Planning, implementation, and control of industrial production processes to ensure smooth and efficient operation. Production management techniques are used in both manufacturing and service industries. Production… …   Universalium

• production, theory of — ▪ economics Introduction       in economics, an effort to explain the principles by which a business firm decides how much of each commodity that it sells (its “outputs” or “products”) it will produce, and how much of each kind of labour, raw… …   Universalium

• Production team (China) — A production team (Chinese:生産隊; pinyin:shēng chǎn duì) was formerly the basic accounting and farm production unit in the people s commune system in People s Republic of China from 1958 to 1984. Production teams were largely disbanded during the… …   Wikipedia

• Production brigade — A production brigade was formerly the basic accounting and farm production unit in the people s commune system. Production teams were largely disbanded during the agricultural reforms of 1982 85. In the administrative hierarchy, the team was the… …   Wikipedia

• production budget — operating budget A budget set for the production function of an organization under a system of budgetary control, which includes, inter alia, the production volumes and the production cost to be incurred in a budget period. It will usually… …   Accounting dictionary

• Production expenses —   Costs incurred in the production of electric power that conform to the accounting requirements of the Operation and Maintenance Expense Accounts of the FERC Uniform System of Accounts.   U.S. Dept. of Energy, Energy Information Administration s …   Energy terms