Garcke and Fells: Factory Accounts (Classic Reprint)

Language: English

Published by Forgotten Books, 2018

1330162552 / 9781330162552

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This text is an extract from the book Factory Accounts: Their Principles and Practice, aimed at providing entrepreneurs with the knowledge and resources to implement effective factory accounting practices in their operations. First published in 1887, it is widely recognized as the pioneering work in the establishment of factory accounting as a specialized field within accountancy. The book provides a comprehensive overview of factory accounting principles, including topics such as the detailed recording of costs, proper allocation of manufacturing expenses, and the systematic valuation of stock to ensure accuracy and efficiency. It emphasizes the significance of distinguishing between prime cost (direct costs of production) and incidental expenses (indirect costs), and offers practical guidance on the allocation of these costs to individual products or processes. The author includes in-depth discussions on the role of depreciation and obsolescence in determining the true cost of production, as well as methods for assessing the economic life of assets and their impact on the overall profitability of a business. Detailed examples and specimen rulings are provided throughout to illustrate the practical application of the principles outlined. Factory Accounts: Their Principles and Practice remains a valuable reference for accountants seeking to implement robust and reliable accounting systems in manufacturing organizations. Its insights on cost analysis, allocation, and valuation continue to guide businesses in their efforts to optimize production, minimize waste, and maximize profitability. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…

Seller Inventory # 9781330162552_0

Title
Garcke and Fells: Factory Accounts (Classic Reprint)
Author
J. M. Fells
Publisher
Forgotten Books
Publication year
2018
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1330162552
ISBN 13
9781330162552
Seller catalogs
Accounting

Forgotten Books

London, United Kingdom

5-star seller

AbeBooks seller since June 2, 2021

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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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