A practical reference for factory leaders and financial teams
This book offers a comprehensive guide to factory administration and accounts, featuring tables and specimen forms for daily use by managers, engineers, and accountants.
It presents the structure and flow of factory financials, from stock and works accounts to depreciation and cost allocation, helping you understand how a factory’s money values are tracked and reported.
Inside you’ll find detailed discussions of stock classifications, works profit and loss, and the relation between stores, cost allocation, and financial records. The edition emphasizes practical, real‑world application with standardized forms and clear guidance for routine accounting tasks.
- Clear explanations of stock accounts, depreciation, and stock valuation principles
- Guidance on cost allocation, works accounts, and the integration with financial statements
- Practical tables, schedules, and specimen forms for day‑to‑day use
- Structured approach to routine accounting processes in manufacturing settings
Ideal for readers involved in factory management, accounting, and engineering who need reliable reference material for administering production finances.