The requirements for cost accounting are as follows:

1. Accurately divide capital expenditures and expense expenditures;

2. Reasonably allocate the cost of finished goods and the cost of work in progress ;

3. Reasonably allocate costs among cost accounting objects;

4. Cost accounting methods remain consistent and comply with corporate accounting policies;

5. Reasonable Reflect the process flow and proprietary costs, and allocate indirect costs on a reasonable basis.

Cost accounting methods:

1. First-in, first-out method

The first-in, first-out method refers to the assumption that "the inventory that is put into storage first is shipped out first." This cost flow sequence determines the cost of issuing inventory.

2. Weighted average method

The weighted average method at the end of the month: Based on the sum of the purchase quantity this month and the quantity at the beginning of the month, remove the purchase cost this month and the sum of the cost at the beginning of the month, and calculate the weighted average unit Determine the cost, and finally calculate the cost of the inventory issued this month and the inventory at the end of the month.

Moving weighted average method: Each time after receiving the goods, the new average unit cost is calculated based on the inventory quantity and total cost.

3. Individual valuation method

The individual valuation method refers to the determination of the individual cost or the cost of each batch of inventory and each specific inventory or each batch of specific inventory issued.

Cost accounting report requirements:

(1) The cost accounting report must be realistic in numbers, accurate in calculation, complete in content, and clearly explained;

(2) Cost accounting reports and items should be consistent with each other, current period reports and current period reports should be connected to each other, and each content and accounting method should be the same;

(3) Cost accounting reports must be prepared by the department The main leaders and accounting personnel shall sign or seal, and shall be responsible for the legality and authenticity of the cost accounting report;

(4) The cost accounting report shall be submitted according to the time specified by the company without delay.