Cost accounting may not be the most exciting way for a business owner to spend a Friday night. However, understanding the basics of cost accounting can help you track costs, increase profits, and ...

If the project is awarded and the cost share accepted by the sponsor, one or more grant cost share worktags will be created by Sponsored Projects to account for cost shared expenses that can be ...

Cost accounting assesses a company's production costs. Different methods of cost accounting offer various cost allocation practices. Cost accounting provides advantages over other accounting methods.

Costing is an accounting technique used to determine the exact expenses for materials, labor and overhead incurred in operations. Job order costing records the actual materials and labor expenses for ...

What Is a Cost Transfer? A cost transfer is an after-the-fact reallocation of costs, salary or non-salary to or from a sponsored project. To request a cost transfer involving a sponsored project, you ...

Federal regulations require that similar costs be treated consistently as either direct costs or indirect costs, in like circumstances. This regulation imposes a requirement on the University to ...

In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...

Managing business expenses remains one of the most persistent challenges for growing organizations, affecting everything from cash flow to employee satisfaction. What should be a straightforward ...