HR Services in UAE

 

Each management level requires data for deciding and solving various problems. HR Services in UAE  The cost accountant must devise a cost system into which data are marshalled to fit the numerous problems confronting management. Therefore, the chart of accounts, which is the accountant’s means of classifying costs and expenses, must be closely associated with the organisation chart showing principal management position with the line of delegation of authority, responsibility and accountability. Thus, an organisation chart is essential to the development of a cost system.Analysis of costs and preparation of reports are greatly facilitated by proper division of functions generally listed under cost department. Proper coordination is also necessary with other functions closely allied with cost accounting, such as budget and data processing. These functions should come under the supervision of the finance chief unless they report to the chief of operation directly for other reasons.