Excerpt from Mine Accounting and Cost Principles
Depreciation of Development Equipment Closing Mine Development Account Administrative Accounting.
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The present tax laws of most of theS tates and of the Federal Governj ment require that accurate records be kept and that complete reports be made to the Government of the results of each years business. The employes of large industrial units are demanding that they be informed of 3the results of their labor, and be given a share either of the profits of the business or in the savings resulting from their increased efficiency or effort. The general public is insisting that, being the consumer of all products, the costs and profits of industry shall be accurately determined and made public. As the result of the gradual depletion of our richest 5deposits of minerals the mining industry is operating on a narrower nmargin of profit than at any time in its history, and must know its costs gfrom month to month to protect against loss. A lso, it is now recognized that a mining enterprise may be properly equipped with the best of mechanical appliances and have an organization of high ability and employes embued with the spirit of co-operation, nevertheless the business cannot be intelligently managed without a knowledge of the results of operation and the condition of the business for each operating ,period, which information can be obtained only by proper accounting and 3o costing. ;o .... Therefore, each unit of the mining industry feels the need not only jof accurately determining its costs and profits so as to have an intelligent guide to operations, and to meet the requirements of the Government, the public and of its employes, but to compile the accounting and costing data in as uniform a manner as possible so as to obtain the benefit of the operating data compiled by the other units of the industry. To meet this need there is an urgent demand for a complete presentation of accounting and costing of mining operations compiled on a scientific basis and in a uni
(Typographical errors above are due to OCR software and don't occur in the book.)
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book offers a groundbreaking presentation of mine accounting and costing, based on scientific principles and uniform standards. Written at a time when industries worldwide require greater accuracy and consistency in cost accounting, this text fills the gap in a field lacking agreement and plagued by inefficiency. It recognizes the diversity of mining methods and operations, presenting a universal framework for accounting across the industry. The author criticizes the current status of mine accounting. He explains that many mines simply do not know their true costs and profits because their accounting systems are poorly designed. The book was intended to address these issues by providing a complete presentation of accounting and costing principles for the mining industry. The book's comprehensive charts, schedules, and procedures guide the reader through all aspects of mining cost accounting. The author believes that the only path to universal adoption of mine accounting principles is through the recognition of underlying principles that are common to the business. The summarized text of this book thoroughly examines the principles of accounting as applied to mining, and presents a much-needed standard for the industry. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781330278727_0
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PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330278727
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Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330278727
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Etat : Sehr gut. Zustand: Sehr gut | Seiten: 280 | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. N° de réf. du vendeur 25774911/2
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