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Auditing and Cost Finding, Vol. 7: Auditing; Cost Finding (Classic Reprint) - Hardcover

Seymour Walton

 
9780656834075: Auditing and Cost Finding, Vol. 7: Auditing; Cost Finding (Classic Reprint)

Synopsis

Master the essentials of auditing and cost finding in a classic guide.

This volume explains how accounting, book-keeping, and cost-finding relate to each other and why accurate cost data matter in modern business. It covers the principles of auditing, the objectives of an audit, and practical methods used to verify cash, receipts, and expenses. The book also explores how cost systems interact with manufacturing, selling, and administration, and it shows how to align cost records with overall financial reporting.

Readers will gain a clear view of how cost-finding supports management decisions, the distribution of expenses, and the preparation of profit and loss statements. It emphasizes the need for transparent methods, practical rather than secret systems, and the role of the cost-keeper within a factory or farm setting.

  • Understand the relationship between accounting, book-keeping, and cost-finding
  • Learn about auditing principles, objectives, and common procedures
  • See how costs are recorded, classified, and distributed across departments
  • Explore the integration of cost data with general accounting and reporting

Ideal for readers seeking a solid grounding in auditing practices and cost-management methods that apply across industries.

"synopsis" may belong to another edition of this title.