ABSTRACT
Cost Accountancy is just beginning to receive that recognition which in this country at least, is so tardily given to any advantageous development in business methods. A properly qualified Cost Accountant must have had a good technical experience of at least the business with which he is connected. A man with a general knowledge of Accountancy, Book-keeping, experience of organisation, and the installation of card or other systems is not qualified undertake the installation of a costing system to produce proper results. The Heads of departments, unless very tactfully handled, have a tendency to withhold information and if possible, hide facts without realising the great assistance which can obtained from him giving that full co-operation which so desirable in every business, yet so seldom obtained. A man with a general knowledge of Accountancy, Book-keeping, experience of organisation, and the installation of card or other systems is not qualified to undertake the installation of a costing system to produce proper results.
