AC112 Cost Accounting: Home

Cost Accounting Concept Examples

• Reducing overall company costs through initiatives or restructurings
• Reducing selected company costs through specific actions
• Introducing new product lines or products
• Improving profit margins through increased pricing, reduced costs or a combination of the two
• Improving cash flow by specific actions
• Changing the product mix by specific advertising campaigns to increase volume of certain products
• Discontinuing a segment of a company