Cost accounting provides detailed insights into the cost structure of a business to help with pricing, budgeting, and cost control. Financial accounting prepares overall financial statements that ...

Responsibility accounting divides the organization into centers (cost, profit, investment, revenue), with managers held accountable for the metrics they can control. Budgeting, Trends, and ...

Example: Budget category “Supplies” is 73000 Several supply-related expense account codes like “73475 – Lab Supplies and Hardware” roll up to 73000 Effective FY23, Accounting Services for Research and ...