cost incurred account

简明释义

实际成本帐，实际费用帐

英英释义

例句

1.To avoid overspending, it's crucial to monitor the cost incurred account regularly.

为了避免超支，定期监控成本发生账户至关重要。

2.Before finalizing the budget, we need to analyze the cost incurred account from last year.

在最终确定预算之前，我们需要分析去年的成本发生账户。

3.The project manager reviewed the cost incurred account to assess the financial impact of the delays.

项目经理审查了成本发生账户以评估延误的财务影响。

4.The finance team is responsible for updating the cost incurred account every month.

财务团队负责每月更新成本发生账户。

5.The accountant provided a detailed report on the cost incurred account for each department.

会计提供了每个部门的成本发生账户详细报告。

作文

In the world of finance and accounting, understanding various terms is crucial for effective management and decision-making. One such term that often comes up in discussions about budgeting and financial reporting is cost incurred account. This term refers to the specific accounts that record expenses that have already been incurred by a business or organization. These costs are essential for tracking the financial health of an entity and ensuring that all expenditures are accounted for accurately.When a company incurs costs, it must record these expenses in its financial statements to provide an accurate picture of its financial position. The cost incurred account serves as a vital component of this process. It allows businesses to categorize their expenses, whether they are related to operations, production, marketing, or other activities. By systematically recording these costs, companies can analyze their spending patterns and identify areas where they may need to cut back or invest more.For instance, consider a manufacturing company that has incurred various costs in the production of its goods. These costs could include raw materials, labor, and overhead expenses. By using a cost incurred account, the company can track these expenses and determine the total cost of producing each item. This information is crucial when setting prices and calculating profit margins.Moreover, having a clear view of the cost incurred account helps in budgeting for future projects. If a business can analyze past costs, it can make more informed predictions about future expenses. This is particularly important in industries with fluctuating costs, such as construction or technology, where material prices can vary significantly over time.Additionally, the cost incurred account plays a significant role in financial reporting. When companies prepare their financial statements, they must report their expenses accurately to comply with accounting standards. Failure to do so can lead to misleading financial information, which can affect investor confidence and decision-making. Therefore, maintaining an accurate cost incurred account is not only a best practice but also a legal requirement in many jurisdictions.Furthermore, understanding the concept of a cost incurred account is essential for internal audits and financial reviews. Organizations often conduct audits to ensure that their financial practices are sound and that they are not overspending in any area. A well-maintained cost incurred account provides auditors with the necessary information to assess the company's financial health and compliance with regulations.In conclusion, the cost incurred account is a fundamental aspect of financial management that aids businesses in tracking their expenses, budgeting for the future, and ensuring compliance with accounting standards. By understanding and effectively managing this account, organizations can enhance their financial performance and make informed decisions that contribute to their long-term success. Whether you are a business owner, a financial analyst, or a student studying accounting, grasping the significance of the cost incurred account will undoubtedly benefit your understanding of financial practices and principles.

在金融和会计的世界中，理解各种术语对于有效管理和决策至关重要。一个经常出现在预算和财务报告讨论中的术语是成本发生账户。这个术语指的是记录企业或组织已经发生的费用的具体账户。这些成本对于跟踪实体的财务健康状况和确保所有支出被准确记录至关重要。当一家公司发生成本时，它必须在财务报表中记录这些费用，以提供其财务状况的准确图景。成本发生账户作为这一过程的重要组成部分，允许企业对其支出进行分类，无论这些支出与运营、生产、营销还是其他活动相关。通过系统地记录这些成本，公司可以分析其支出模式，并识别出需要削减或更多投资的领域。例如，考虑一家制造公司，该公司在生产商品的过程中发生了各种成本。这些成本可能包括原材料、劳动力和间接费用。通过使用成本发生账户，公司可以追踪这些费用，并确定生产每件商品的总成本。这些信息在定价和计算利润率时至关重要。此外，清晰了解成本发生账户有助于为未来项目预算。如果企业能够分析过去的成本，就可以对未来的支出做出更明智的预测。这在成本波动较大的行业中尤为重要，例如建筑或技术行业，因为材料价格可能会随时间显著变化。此外，成本发生账户在财务报告中也发挥着重要作用。当公司准备财务报表时，必须准确报告其费用以遵守会计标准。未能做到这一点可能导致误导性的财务信息，从而影响投资者信心和决策。因此，维护准确的成本发生账户不仅是一种最佳实践，也是许多司法管辖区的法律要求。此外，理解成本发生账户的概念对于内部审计和财务审查至关重要。组织通常会进行审计，以确保其财务实践合理，并且没有在任何领域过度支出。良好维护的成本发生账户为审计员提供了必要的信息，以评估公司的财务健康状况及其合规性。总之，成本发生账户是财务管理的基本方面，有助于企业跟踪其支出、为未来预算以及确保遵守会计标准。通过理解和有效管理此账户，组织可以增强其财务表现，并做出有助于其长期成功的明智决策。无论您是企业主、财务分析师还是学习会计的学生，掌握成本发生账户的重要性无疑将有助于您理解财务实践和原则。