O'Reilly logo

Management Accounting by Debarshi Bhattacharyya

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

13

Responsibility Accounting

LEARNING OBJECTIVES

On completion of the study of the chapter, you should be able to understand:

  • What is the meaning and concept of Responsibility Accounting?

  • Prerequisites and assumptions of Responsibility Accounting.

  • Advantages and limitations of Responsibility Accounting.

  • Meaning and concept of responsibility centres.

  • Different types of responsibility centre.

  • Concepts of controllable and Non-controllable Costs.

  • What is responsibility reporting?

  • Different types of responsibility reporting.

13.1 MEANING AND CONCEPT OF RESPONSIBILITY ACCOUNTING

An organization uses various techniques of costing such as Standard Costing, Budgetary Control for Control of Costs and so on. Under these costing techniques, focus ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required