Development Of Cost Accounting Research Articles

Andrzej Bienieks contribution to accounting education and the literature on cost accounting in Poland in the interwar period

Purpose: The article is related to the scientific edition of Andrzej Bienieks monograph Systematyka kosztw wasnych (Systematics of own costs), which was published originally in 1938. The reprint of this book was published in 2022 as part of the Golden Series of Polish Accounting, promoted by the Main Board of the Accountants Association in Poland. The article describes Bierneks achievements in educating accountants and trade workers, and it examines his contribution to the development of knowledge on cost accounting in Poland in the interwar period.Methodology/approach: The method of historical analysis of Bieeks biographical sources and publications identified during the library query was used, including the authors works available in the POLONA digital library.Findings: Bieniek (18951944), a soldier of the Polish Legions and then the Polish Ar-my, and an activist of the Home Army during World War II, tied his professional life with teaching and developing accounting in theory and practice. In the interwar period, he worked as an accounting teacher at commercial schools in d and Warsaw, and then as an academic teacher at the Warsaw School of Economics. He was the author of about 40 publications of various kinds. In books and articles on accounting in manufacturing companies and in his published doctoral dissertation, he presented and explained the issues of classifying, recording and calculating costs, and cost analysis. In these publications, he built the foundations for the development of cost accounting in Poland for enterprise management.Originality/value: The article broadens the knowledge of the history of accounting in interwar Poland by presenting the didactic and scientific achievements of a researcher and author forgotten after World War II.

Management Accounting Development in the Process of Digital Economy Formation (Case of Georgia)

In the article there is given the assessment of digital economy in Georgia. It is established that effectiveness of managing activities of the organization depends on the information level support. There are discussed the issues of evaluation of the management accounting system functioning, development of cost accounting and budgeting methods, selection of the automated system for information and analytical support. The management accounting data allows not only to analyze the financial results of the organization activities, but also to manage costs, formulate assortment, investment, contract and pricing policies, and, consequently, directly to manage the organization work. The management accounting, which is the special system of knowledge, skills and abilities, can be described as the combination of two main subject areas: as a science and as a practical field of activity. The digital economics and management accounting are interrelated, because along with their development, the management accounting data appear digitally, processing them while using the innovative technologies. The management accounting should be flexible enough to provide any data needed to make the managerial decisions. The management accounting automation is the individual and complex process, as it is necessary to “transfer” the requirements of owners, managers to the accounting system, in terms of software product functionality and parameters, in accordance with the approved regulations. There exist the ready-made software products designed for automation of accounting, however, for medium and large business entities, the best option is to refine the software package for their specific activities, which will allow them to get the maximum efficiency. The article discusses the options for setting up the management accounting system in the organization, substantiates the benefits of implementing “1C: ERP Enterprise Management” as the mechanism for effective management of the company resources. Keywords: Automation, information technology, digital economy, management, Management accounting, control. JEL Codes: D83, L86, L96 The scientific works of the following authors are dedicated to a similar topic: Tchiladze .I; Sokolov I.V.; Vakhrushina M.A.; Ivashkevich V.B.; Kaverinoi O.D; Karpova T.P; Khorngrena CH.T; Foster D.J; Antonia R.N; Parker R.N and others.

Contrastive Analysis of Cost Accounting Innovation and Resource Consumption Accounting in the New Period based on Information Technology

Resource Consumption Accounting, a new cost management method, has great significance in the promotion and application of small and medium-sized coal chemical enterprises. Therefore, taking QJ Company as an example, the combination of resource consumption accounting and future cost accounting development of coal chemical enterprises is hoped to help the integration of resource consumption accounting and coal chemical industry, improve the cost-effectiveness, strategic cost management and information technology of coal chemical enterprises, enhance the goodwill of enterprises and enhance the competitiveness of enterprises.

Accounting among the Natural Sciences

This paper develops research in order to clarify whether accounting theory belongs to the natural sciences. Three features characterizing these sciences are identified and evaluated. These are the relationships of accounting theory with respect to the fundamental laws of nature, the possible existence of necessary constants, and the abstractness of the categories introduced, which requires the use of mathematics. Studies have shown that these characteristics are fully visible. The second principle of thermodynamics has shown its significant influence leading to the indication of the existence of a constant quantity, necessary in capital accounts. It also turned out to be the basis of the original method of calculating the depreciation of assets. The principle of dualism, fundamental for accounting, revealed that it is, among other things, equivalent to the first principle of thermodynamics. And the principle of minimum action has always stimulated the development of cost accounting and management accounting. The practical significance of the research presented in the second part of the article consists in revealing of the economic constant. This constant determines the actions of nature in economic processes. As a result of the research, the knowledge of the possibilities of the accounting system is being expanded, in particular by incorporating the measurement of human capital of employees and opening the way to financial reporting in this area.

The degree of cost accounting development in the context of hospital information system

The article describes the results of research on the model of hospital cost accounting maturity obtained in the second stage of own research. The aim of the conducted research was to identify the premises of cost accounting maturity in the context of the hospital information system. In order to achieve thus defined goal, a research hypothesis was formulated that the level of the maturity of hospital cost accounting depends on the degree of achievement of goals resulting from external and internal information needs of data recip-ients. It has been accepted that external needs determining the maturity of cost accounting arise from formal regulations. In the case of hospitals functioning as independent public health care centers, they have been recommended for use for 27 years. As regards the internal needs, the so called substantive integration of cost and medical data has been defined, among other things. The research shows that both formal regula-tions and managerial needs determine the level of cost accounting maturity. It also indicates that the sub-stantive integration of the collected data serving the needs of the management is more important than the technical integration of hospital information system.

The Integration of Management Accounting Techniques in the Functional-based Costing System

With the methodological development of cost accounting, there is a transition from the spatial plane of cost grouping, which has traditionally been considered as a “functional” one, to the process evaluation. At the same time, the development of the concept of Functional-Based Costing is making a transition today from grouping costs based on structural units of an enterprise to an integral system of cost accounting methods, based on generalized functional areas of economic processes (such as automation, HR, transport logistics, R&D, compliance etc.). In the economy of an enterprise, they include a much wider range of processes rather than just the work of a specialized structural unit of that enterprise. In contrast to the previously developed costing techniques, which predominantly consisted of the new methods of cost analysis, Functional-Based Costing is not an alternative direction in management accounting methodology but is a synthetic framework that allows to integrate the results of other costing approaches that are already known and researched to date. At the same time, the functional unity of processes and resources allows us to consider the development of the approach both in the context of further dissemination of Resource Consumption Accounting as well as in the context of the development of Life Cycle Costing.

Анализ методологических подходов к управленческому учету на предприятии

The article deals with the stages of development of management accounting, the points of view of various authors, justified the need for quality management information, which has an impact on the development of cost accounting as its own economic information system of enterprises of various forms of ownership

Сучасні тенденції розвитку обліку витрат

Сучасні тенденції розвитку обліку витрат

Die Kosten- und Leistungsrechnung – Ein Blick auf mehr als 70 Jahre Vergangenheit und eine spannende Zukunft

This essay traces the lines of development of cost accounting to the present state. Based on the historical evidence we carve out the topics and approaches that determine the current state and the expected developments in the next years and decades.

Political, economic, social and imperial influences on the establishment of the Institute of Cost and Works Accountants in India post independence

Recently, there has been considerable interest in the professionalisation of accounting. However, within this literature, most of the focus has been on the chartered accounting profession and the development of the cost and management accounting profession has been paid less attention. This paper traces the establishment of the Institute of Cost and Works Accountants of India in the period 1954 to 1959, focusing on the political, economic, social and imperial influences on the development of cost accounting at this time, the role of the Government in promoting cost accounting in India and the interactions of the more established Institute of Chartered Accountants of India in the process used to establish the Institute of Cost and Works Accountants of India. The paper also compares the trajectory of professionalisation with that seen in other colonies.

Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC): Applicable Methods for University Libraries?

Objective – This article provides an overview of how university libraries research and adapt new cost accounting models, such as “activity-based costing” (ABC) and “time-driven activity-based costing” (TDABC), focusing on the strengths and weaknesses of both methods to determine which of these two is suitable for application in university libraries.
 
 Methods – This paper reviews and summarizes the literature on cost accounting and costing practices of university libraries. A brief overview of the history of cost accounting, costing, and time and motion studies in libraries is also provided. The ABC and the TDABC method, designed as a revised and easier version of the ABC by Kaplan and Anderson (Kaplan & Anderson 2004) at the beginning of the 21st century, as well as the adoption and adaptation of these methods by university libraries are described, and their strengths and weaknesses, as well as their suitability for university libraries, are analyzed.
 
 Results – Cost accounting and costing studies in libraries have a long history, the first of these dating back to 1877. The development of cost accounting and time and motion studies can be seen as a natural evolution of techniques which were created to solve management problems. The ABC method is the best-known management accounting innovation of the last 20 years, and is already widely used in university libraries around the world. However, setting up an ABC system can be very costly, and the system needs to be regularly updated, which further increases its costs. The TDABC system can not only be implemented more quickly (and thus more cheaply), but also can be updated more easily than the traditional ABC, which makes the TDABC the more suitable method for university libraries.
 
 Conclusion – Both methods are suitable for university libraries. However, the ABC method can only be implemented in collaboration with an accounting department. The TDABC method can be tested and implemented by separate departments, and thus can contribute to the provision of better and more effective library services at lower costs. However, the involvement of experts in costing and accounting is recommended.

The development of cost accounting in Italy, c.1800 to c.1940

The relationship between literature/theory and practice in accounting is not well understood, especially in the area of cost accounting. This article examines the development of both the relevant literature/theory and cost accounting practice in Italy during the nineteenth century and the first four decades of the twentieth century. In this way, the article provides insights into aspects of accounting’s development, throwing light on alternative views such as the diffusionist and “multiple origins” theories, and helps to provide material for future comparative international accounting history research.

Custos de produção sob a ótica contábil e econômica

Within the vast range of essential information for managing any business, one type deserves specialattention: production cost. It holds such importance, that it is an object of study in various areas ofknowledge. Studies and concepts on costs can be found in accounting and economic literatures. Eachfield, within its own focus and objective, aims to explain the phenomena that surround production costs,by means of research developed with that purpose. The objective of this work is to draw parallelsamong different concepts, used for short-term cost analysis, developed by the Accounting and Economicsfields. It was evidenced that a relationship exists in some of the analyzed points, such as the use ofvariable costing, as well as differences, such as the non-use of marginal costing in Accounting. Frequently, divergences occur due to the focus of each discipline, each having different objectives and purposes;in addition, both disciplines do not always feature the same level of detail in certain issues. Nevertheless,the exchange of information is extremely important between science fields that may study the sameobject at a given time, as one can complement the other, even if their analyses have a different focus.It behooves the development of Cost Accounting to give greater importance to economic studies oncosts, in order better incorporate these studies into future analyses, thereby enriching the data passedon to users.

Continuity and change in British cost accounting development: the case of Hawthorn Ieslie, shipbuilders and engineers, 1886–1914

This article examines the cost accounting system of a British shipbuilding and engineering firm during the late nineteenth, early twentieth centuries. Research findings indicate a high level of continuity in the essential features of the system, with a trend to produce information outside of the accounting ledgers in order to satisfy managerial information requirements. Furthermore, while accounting information provided the basis for much routine decision making and control, it played only a limited role in strategic decision making which was underlain by social and cultural considerations. The current research adds to the body of work of the neoclassical revisionists in building a new conventional wisdom of the development of British cost accounting.

The development of cost accounting in France: the engineering contribution

Conventional wisdom argues that cost accounting did not develop until the late 1880s, a period referred to as the costing renaissance. This paper seeks to challenge this view, based on writings on cost accounting undertaken in the 19th century by French writers. In addition, the paper aims to shed light on the importance of the engineers' contribution to the development of cost accounting in the 19th and 20th century in France. The study also highlights how French writers, mainly those graduated from French engineering schools, discussed the issues of overhead allocation, depreciation, transfer prices and the distinction between fixed and variable costs long before these issues were discussed in Anglo-Saxon analysis.

The rise of cost accounting: evidence from Italy

Accounting historians link the origins of cost accounting to the rise of manufacturing firms and, in a more detailed way, to efficiency control, pricing and decision-making problems faced in those organizations. To date, the international debate has mainly focused on practices in the USA, Great Britain and France, with little evidence available of developments in other countries, such as Italy. In this paper, the authors analyse the development of cost accounting in an Italian firm, 'La Magona d'Italia'. This iron, steel and tinplate firm, situated in Piombino, is observed over the period 1865-1940, i.e. during the central phase of the industrial revolution in Italy. We find that several factors influenced the implementation of a cost accounting system at Magona, including efficiency control, strategic decision making, and stock valuation. We also find a strong British influence on Magona's strategy, organization and information system, particularly in respect of finance, managers, technology and accounting practices. There is little evidence that Italian accounting traditions and practice played much of a role.

Cost accounting in eighteenth century Spain: the Royal Textile Factory of Ezcaray

According to a growing body of literature, sophisticated costing techniques were used in the early stages of the Industrial Revolution (Fleischman & Parker, 1991; 1997), or before that period (Carmona et al., 1997). The investigation of cost accounting practices in medium Spanish factories that did not operate as monopolies should provide more insights into the development of cost accounting in the eighteenth century and into the use that was made of it. This paper reports on archival evidence of the use of cost accounting in the case of the Royal Textile Factory of Ezcaray between 1767 and 1785. It becomes apparent that a sophisticated knowledge of cost accounting existed in this company. Other findings reported are the important role of accountants in cost accounting, the likelihood of recurrent cost management, the lack of integration between cost and financial accounting and the use of cost accounting in a poorly managed company that, finally, went into bankruptcy.

Cost accounting in the shipbuilding, engineering and metals industries of the West of Scotland, ‘The Workshop of the Empire’, cl900–1960

This article examines the nature, use and development of costing systems employed in the shipbuilding, engineering and metals industries of the West of Scotland between the years c 1900–1960. The research is for the most part archivally-based, and is founded on the surviving records of 11 firms across the sector. The sector's business history is outlined, the systems in use are then examined firm by firm, after which general conclusions are drawn about their common characteristics. Most were job or contract-based cost systems, in which rudimentary absorption techniques for overheads were applied, estimates were compared progressively with actuals and the control of departmental overhead expenditure was broadbrush. Cost accounting development within the sector is next examined, in particular the rejection of standard costing and budgetary control. This is linked with scepticism which existed about the relevance of Taylorism and Scientific Management to the area's industries, and also with the fragile industrial relations climate which prevailed over much of the period and which caused some firms to avoid payment by results remuneration systems. An engineering culture among management may also have inhibited the development of costing. The costing systems which were employed are assessed as having been adequate. The article concludes by suggesting that the factors identified as inhibiting costing development may well apply in future studies of the history of cost accounting in the UK.

Agricultural cost accounting development in Britain: the contributions of three men from Wye - a review note

This note summarizes the contributions of three agriculturalists (Hall, Orwin and Wyllie) to agricultural cost accounting development in Britain in the early twentieth century. Through an examination of their writings and advocacies, an account is provided of their pioneering work in applying cost accounting to farm activity in Britain. Some contrary positions on agricultural costing that also emerged during their period of advocacy are also outlined.

Inside contracting at the Waltham Watch Company

Accounting historians continue to debate the development of cost accounting procedures in late nineteenth‐century US mass‐production industries. While conventional historians (economic rationalists) emphasize efficiency and co‐ordination, labour process and other “critical” scholars prioritize social, political, and ideological concerns. One neglected, but significant, aspect of this controversy is inside contracting. Clawson presented an important overview of inside contracting at several prominent US manufacturing establishments, including the Waltham Watch Company (WWC). Clawson’s work is significant because his most salient remarks have been cited by scholars who advocate the “new accounting history”. Discusses inside contracting in general terms within the socio‐political context of nineteenth‐century US mass‐production industries. Subsequently, evaluates specific WWC archival data from both the economic rationalist and labour process perspectives, the reasons for inside contracting’s abandonment, and the impact of inside contracting on cost accounting developments.