Cost Accounting

We develop Costing Systems and Cost Control Procedures. After Studying Manufacturing Process of the clients, we suggest our clients which Costing System suits their requirement.

TQMC also provides consultancy about cost cutting techniques. We analyze the current Costing System, highlight the weak areas and suggest actions to improve the system.

Following are some of the areas, where we can assist our clients:

  • Costing System
  • Activity Based Costing (ABC)
  • Process Costing,
  • Job-order Costing
  • Budgeting, forecasting 
  • Inventory Management
  • Development and Implementation of Cost Accounting Systems  
  • Budgeting & Planning
  • Variance Analysis
  • Cost of Production Reports,
  • Product Costs Analysis
  • Cost Segregation and Allocation
  • Cost, Profit, Volume Analysis
  • Risk Analysis
  • Work, time and motion study and analysis
  • Computerization of the Costing System
  • Costing Models LRIC, LRAIC, HC, CC