Cost Accounting Article Review by Brandi Woods

Cost Accounting
A review of several articles from the "New York Times" on the subject of cost accounting.
# 15877 | 1,998 words | 6 sources | APA | 2002 | US
Published on Jan 29, 2003 in Accounting (Financial) , Accounting (Theory) , Business (Accounting)

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This paper discusses various accounting topics through a review of six newspaper articles. The paper outlines the accountant's role in an organization, provides an introduction to cost terms and purposes, and describes job costs and cost allocation. Performance measurement, compensation and multinational considerations are illustrated in this paper, as are the issues involved in inventory management and backflushing costing.

From the Paper:

"Key Company Assets Moving Offshore" proclaims the title of this recent article from the business section of The New York Times. A casual observer might shrug, but a student of accounting must turn a closer eye to this proclamation that American companies have been rapidly shifting more of their most valuable assets to tax havens, where the companies pay little or no tax on profits. What is so striking about this technique is that instead of simply moving their headquarters offshore, companies are also placing patents on drugs or ownership of corporate logos offshore, thus putting these "intangible assets" into tax havens as well. (C3)"

Cite this Article Review:

APA Format

Cost Accounting (2003, January 29) Retrieved June 05, 2023, from

MLA Format

"Cost Accounting" 29 January 2003. Web. 05 June. 2023. <>