Die uitskakeling van verliese en verspillings deur middel van kostebeheer

Abstract

The ultimate purpose of a private enterprise is to earn maximum profits but to reach this aim management must be able to keep it's costs as low as possible. In our dinamic economy a monopoly is inconceivable and an enterprise has to face competition in all it1 s facets . It is therefore essential to have a system of cost control to produce as efficiently as possible and it is the purpose of this study to give a positive contribution to eliminate wastes and losses in the manufacturing proses. Cost accounting has become a means for executive control control that is derived by means of control tegniques like budgetary control, standard costs and variance analyses . Budgetary control is a system which uses budgets as means of planning and controlling all aspects of producing and/ or selling commodities or services. Control follows the planning and co- ordination as cardinal feature of budgetary control. With the use of standard costs, a budget becomes a summary of standards for all items of revenue and costs. Estimated cost accounting with it ' s variance analysis constitutes a first step in obtaining cost data that will, assist management in controlling costs. The budget chapters move closer to the fundamental theme of cost control as an invaluable tool of management. The budget is considerd one method of securing reliable and prompt information regarding the operation and control of the enterprise. When budgets are based on standards used for materials, labour, and overhead, the strongest team for control and reduction of costs is created. Chapter l focuses the attention on cost accounting terminology with particular reference to the terms as it appears in the title of this script. Efficiency and cost control is of utmost importance in an enterprise to keep cost as low as possible and this statement therefore is dealt with in Chapter 2. Control methods are useful instruments in the hands of management and control techniques are discussed in Chapter 3 with special reference to budget control and standard costs . The discussion on control methods is continued in Chapter 4 and consideration is especially given to the elimination of losses through variance analyses .