Conclusion

It's important to understand that when we speak of cost or management "accounting", it's better to use quotation marks: cost "accounting" is not a formal system of accounting recording in the sense of financial accounting, which produces the balance sheet, but rather, in general, a set of methods for reprocessing expenses to calculate costs. In general, this is an extra-accounting approach.

The situation is different in today's computer systems, which allow the accounting system to be organized in a "multidimensional" way: in these systems, cost accounting can be one of the mainstays of transaction entry, along with classic accounting by nature and entry of the financial counterpart. But this is beyond the scope of this article (see the reference to multidimensional accounting in the bibliography (AG 1203).

It's also important to understand...