cost accounting

American  

noun

1. an accounting system indicating the cost of items involved in production.

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cost accounting British  

noun

1. Also called: management accounting. the recording and controlling of all the expenditures of an enterprise in order to facilitate control of separate activities

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Other Word Forms

• cost accountant
  noun

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Etymology

Origin of cost accounting

First recorded in 1910–15

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Example Sentences

See Examples For:

cost accounting

Some programs used to evaluate their curricula on a three- or five-year cycle because foundational subjects like financial and cost accounting rarely changed.

From The Wall Street Journal ● May 18, 2026

The first question people ask me about true cost accounting is whether using it will make food more expensive.

From Salon ● Feb. 28, 2024

A true cost accounting approach can illuminate the need for multidimensional solutions.

From Salon ● Feb. 28, 2024

Once you have that completed, you will apply your preferred cost accounting method to those classifications.

From Encyclopedia.com ● Jun. 26, 2018

The set of books containing the cost accounting system of the farm was kept in this desk.

From Hidden Treasure by John Thomas Simpson

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