Definition
Instruments for determining and preparing cost and performance information on incurred or planned business transactions; mainly for internal use (e.g. for controlling); independent of legal requirements. Proof of the consumption of values of economic production factors related to the value chain in an accounting period. Information is determined, for example, for decisions on external procurement or in-house production, for cost calculation, for influencing the economic efficiency of processes and business units. Sub-areas are cost type, cost unit and cost centre accounting.
Bettina Dirks
