Costing management represents an information and a management tool used in order to improve enterprise performance. This provides information on cost, profit, but can also be a technique to "maximize profitability" (management tool). The information produced by costing management extends from...

The spillover of the credit crisis into a broader global economic downturn brings with it a number of accounting and financial reporting related issues and risks in financial audit area. In their run to show a big profit, in order to attract investors, the assets were over valuated by the...

The EU statistics reveal over 19 million active enterprises within the EU-27’s nonfinancial business economy (defined as industry construction, distributive trades and services, and therefore excluding financial and public services) in 2004. About one third (32.5%) were active in the...

Cost accounting is supporting managers to establish the development strategy of the company. The information provided is used in the decision making process regarding the production and marketing of products. Estimating the future cost influences the development strategy of an activity. Thus,...

Modern management of economic entities, regardless of the nature of society, whether it is a public or a private entity, cannot be developed without a rigorous and flexible control. Running a company requires a permanent and systematic control of the business. Fraud in general can be defined as...