Cost Accounting Service

COST ACCOUNTING SERVICE – THE FOUNDATION FOR ENTERPRISE COST MANAGEMENT AND PROFIT OPTIMIZATION

In the context of continuously fluctuating input costs and increasing competitive pressure, accurate and comprehensive product cost calculation is no longer just a simple accounting operation but has become a strategic management tool for the Board of Directors.
Understanding this need, FAMA Consulting provides in-depth Cost Accounting Services, helping businesses control costs, accurately price products, and sustainably optimize profits.

 

WHAT IS COST ACCOUNTING SERVICE?

Cost Accounting Service at FAMA involves organizing and comprehensively carrying out accounting and management operations related to costs and cost prices, including:

• Building a complete and scientific cost catalog system, suitable for the specific operations of the business.
• Determining reasonable cost allocation criteria, ensuring accurate reflection of costs for each product, service, or order.
• Providing highly specialized accounting personnel to perform cost accounting according to the correct category, period, and cost accumulation object.
• Performing actual cost calculation for each product line, helping businesses understand the actual costs incurred.
• Performing planned/standard cost calculation, serving as a basis for budgeting, cost control, and performance evaluation.

 

BENEFITS OF USING FAMA'S COST ACCOUNTING SERVICE

1. Optimize revenue & profit

Accurately and fully identifying costs helps businesses identify inefficient expenses, thereby optimizing resources, reducing costs, and increasing profits.

2. Build an effective business strategy

Accurate cost data is the foundation for business performance analysis, evaluating each product, each sales channel, and supporting the Board of Directors in making sound strategic decisions.

3. Ensure profitability when pricing products

The service helps businesses determine a reasonable selling price, ensuring both target profit and increased competitiveness – especially important when launching new products or services.

4. Optimize costs – avoid resource waste

Through detailed analysis of cost factors in the production and business process, FAMA helps businesses identify cost bottlenecks, eliminate waste, and improve operational efficiency.

RESULTS ACHIEVED WHEN USING COST ACCOUNTING SERVICE

When using Cost Accounting Service at FAMA Consulting, businesses will receive:

• Suitable cost calculation method (by product, order, project, process, ABC… depending on the business model).
• Detailed and clear product cost reports, serving management and decision-making.
• Cost data integrated into the accounting system, ensuring consistency and ease of extraction.
• Analysis of cost variances between actual – planned – standard, along with practical cost optimization recommendations.

 

WHY SHOULD BUSINESSES CHOOSE FAMA CONSULTING?

• A team of experienced accounting – management accounting – CFO experts with many years of practical experience.
• Solutions designed for each business model, not boilerplate applications.
• Combining accounting expertise – technology – management thinking, bringing long-term value.

👉 FAMA Consulting – A trusted partner helping businesses master costs, control expenses, and boost profits.