Articles > Business magazines > Specialty and Local Interest magazines > Catalyst (Dublin, Ohio) articles > March 2006

Article: GAO critical of IRS's cost accounting compliance.(National)

Article from:
Catalyst (Dublin, Ohio)
Article date:
March 1, 2006
Copyright

Congressional auditors censured the IRS for its slow implementation of federal accounting rules requiring government agencies to implement effective management reporting for cost information.

In a report to Congress, GAO investigators concluded that the federal government is doing a mediocre job in complying with government accounting standards that call for the development and execution of managerial cost accounting.

While some agencies were praised for showing leadership in the development of cost accounting systems, ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: GAO critical of IRS's cost accounting ...
Accounting Today;  January 30, 2006 ;     700+ words ... ... GAO said. Indeed, managerial cost accounting policies and procedures have not ... finalized and distributed within the IRS, the GAO auditors told Congress ... IRS to finalize and implement a cost accounting system capable of determining the ...

Managerial Cost Accounting Practices: Departments of ...
General Accounting Office Reports & Testimony;  February 1, 2006 ;     700+ words ... ... provisions related to managerial cost accounting, one of which states that ... Standards No. 4, Managerial Cost Accounting Concepts and Standards for ... was mandated to develop a cost accounting system in 1996, and had ... Internal Revenue Service (IRS), MCA capability was ...

Article: Reading between the numbers: cost accounting can ...
Strategic Finance;  December 1, 2004 ;     700+ words ... ... aspect of manufacturing cost accounting called burden absorption ... factories or fixing cost accounting systems, thousands ... Internal Revenue Service (IRS), the Securities ... accept summaries from cost accounting systems without question ...

Article: Time to consider a cost segregation study.(cost ...
Accounting Today;  November 8, 2004 ;     700+ words ... ... engineering-based approach, as specified by the IRS. The specialist's job is to examine architectural ... benefits of the study, while conforming to IRS regulations and the appraisal guidelines ... Segregation Audit Techniques Guide from the IRS stated that "an underlying assumption is ...

Article: Improving the cost accounting advantage: often ...
CMA Management;  April 1, 2006 ;     700+ words ... ... you to the concepts of traditional cost accounting: normal cost, standard cost, custom ... word "allocation"? Truth be told, cost accounting courses aren't a pleasant memory ... mastered the concepts of traditional cost accounting. In many industrial concerns, the ...

Article: Examining the effect of PPS on cost accounting ...
Healthcare Financial Management;  March 1, 1993 ;     700+ words ... ... implemented was that an adequate cost accounting system designed for use after ... has PPS implementation had on cost-accounting systems? Have hospitals made major changes in their cost-accounting systems in response to the implementation ...

Article: Cost accounting in eighteenth century Spain: The ...
Accounting History;  November 1, 2001 ;     700+ words ... ... 1997). The investigation of cost accounting practices in medium Spanish factories ... more insights into the development of cost accounting in the eighteenth century and into ... on archival evidence of the use of cost accounting in the case of the Royal Textile Factory ...

Article: How do German companies run their cost accounting ...
Management Accounting Quarterly;  January 1, 2009 ;     700+ words ... ... States about the performance of cost accounting systems. American managers ... dissatisfied with their own cost accounting methods, and there is widespread ... accounting methods, so German cost accounting attracts a great deal of attention ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives