Cost Accounting
Who and what incurs which costs?
Revenues are quite good, but the costs are far too high. Such or similar analyses are often heard when no profits are generated. If, after deducting the costs from revenue, nothing remains, you have to restructure, or at least carry out a strict cost control and cost reduction plan. Often this goes hand in hand with the realization that you do not have a sufficient and constant cost accounting system.
Cost accounting helps you to filter out the expenses for each part of your company. On the basis of these costs, you calculate the prices for your products and services. We support you in selecting and introducing suitable cost accounting systems, including contribution costing and standard costing.
It is important to us as your consultant to ensure that the arithmetical illustration of all aspects of your company is a significant planning and control instrument. Together with you we will structure your cost accounting precisely so that slight changes, for instance in energy costs, will be immediately obvious and have an impact on pricing and revenues.
Important issues we tackle:
See how you can benefit from our services:
- Are my fixed costs too high?
- Do I know all my fixed and variable costs?
- How much do individual products and operations cost?
- Where else can I save good money?
- How conservative should I be when preparing my budget?
- What do I expect from cost accounting for my company?
- How do I search for overcapacities?
- Which information do I need for planning the assignments of my staff?
- Which peculiarities does my cost structure have?
- Which weaknesses do I currently have in my cost accounting system?
- How can I draw up cost projections?
- Where are the deviations in a target-performance comparison?
- What is the lowest price for accepting an order?
- How do I allocate the costs, and how do I check current costs and revenues?
- When would it be sensible to set up a profit centre, and how should I structure it?