The first single-volume reference to provide accounting, audit, tax, and consulting guidance to CPAs working in these industries. It provides industry-specific information as it applies to issues such as financial reporting and essential internal controls. It also integrates and interpretes authoritative guidance from the FASB, AICPA, and Emerging Issues Task Force. The guide includes practice aids, such as checklists, work programs, as well as illustrations and practice pointers. The practice aids are available on a free companion CD-ROM.For example, the direct labor in a small retail store is two clerks, which traditional accounting would classify as variable. In reality, however, the ... To illustrate the high-low method, maintenance cost might be related to machine run time in hours. The high-low ... Too many companies, once defining costs as fixed, fall into the dangerous practice of ignoring these costs as uncontrollable. These companiesanbsp;...
|Title||:||Manufacturing, Distribution and Retail Guide|
|Publisher||:||CCH - 2006-04-01|