Monster.ca

Vice President / Director of Finance

Financial Reporting Manager

Financial Planning Manager

A Cost Accounting Manager manages the accounting process of reducing and control of costs for a company or organization. Advises leadership in actions to maximize cost efficiency and control future costs.

Fiscal / Budget Director (Public Sector)

Financial Reporting Accountant

Audit Manager

Director of Operations

Internal Audit Manager

Cost Accounting Manager

Closing entries are journal entries made at the end of an accounting period to transfer temporary accounts to permanent accounts. An "income summary" account may be used to show the balance between revenue and expenses, or they could be directly closed against retained earnings where dividend payments will be deducted from. This process is used to reset the balance of these temporary accounts to zero for the next accounting period.

Month-End Closing

Cost accounting is defined as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail. It includes methods for recognizing, classifying, allocating, aggregating and reporting such costs and comparing them with standard costs." (IMA) Often considered a subset of managerial accounting, its end goal is to advise the management on how to optimize business practices and processes based on cost efficiency and capability. Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future.

Cost Accounting

An external auditor performs an audit, in accordance with specific laws or rules, of the financial statements of a company, government entity, other legal entity, or organization, and is independent of the entity being audited. Users of these entities' financial information, such as investors, government agencies, and the general public, rely on the external auditor to present an unbiased and independent audit report.

External Auditing

Generally Accepted Accounting Principles is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the latter differ considerably from GAAP and progress has been slow and uncertain. More recently, the SEC has acknowledged that there is no longer a push to move more U.S companies to IFRS so the two sets of standards will "continue to coexist" for the foreseeable future.

Location	Median Salary
Ottawa, Ontario	$85,000
National	$85,000
Location +/-	0% Higher
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Location	Median Salary
Ottawa, Ontario	$85,000
National	$85,000
Location +/-	0% Higher
	Search another salary
	Show me related jobs

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Salary Estimate for Ottawa, Ontario
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