About: Cost auditing

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A cost audit represents the verification of cost accounts and checking on the adherence to cost accounting plan. Cost audit ascertains the accuracy of cost accounting records to ensure that they are in conformity with cost accounting principles, plans, procedures and objectives. A cost audit comprises the following;

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dbo:abstract	A cost audit represents the verification of cost accounts and checking on the adherence to cost accounting plan. Cost audit ascertains the accuracy of cost accounting records to ensure that they are in conformity with cost accounting principles, plans, procedures and objectives. A cost audit comprises the following; * Verification of the cost accounting records such as the accuracy of the cost accounts, cost reports, cost statements, cost data and costing technique * Examination of these records to ensure that they adhere to the cost accounting principles, plans, procedures and objective * To report to the government on optimum utilisation of national resources (en)
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rdfs:comment	A cost audit represents the verification of cost accounts and checking on the adherence to cost accounting plan. Cost audit ascertains the accuracy of cost accounting records to ensure that they are in conformity with cost accounting principles, plans, procedures and objectives. A cost audit comprises the following; (en)
rdfs:label	Cost auditing (en)
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