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Difference between revisions of "Responsibility accounting"

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== IGC-DEFINITION (abbreviated) ==
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This site is like a caslrsoom, except I don't hate it. lol
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'''Responsibility accounting / [[:de:Verantwortlichkeitsrechnung|Verantwortlichkeitsrechnung]]'''<br>
 
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The whole management accounting system should be constructed on the principle of responsibility. Since managers are also responsible for the financial results, it is important to ensure, through the creation of cost centers, cost objects and [[Contribution accounting (Direct Costing and multi-step)|contribution accounting]], that each management person can see, which costs, outputs and revenues she can control directly within the time-span of one year.
 
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from: [http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)]
 
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I thought finding this would be so aruodus but it's a breeze!
 

Revision as of 12:11, 18 September 2011

This site is like a caslrsoom, except I don't hate it. lol

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