The Norm Method Of Financial Accounting Method

　　 First, quota method Main characteristics

1, the object of cost calculation is the finished product or semi-finished product of the enterprise. According to the requirements of enterprise management, we only calculate the cost of finished products, or at the same time calculate the cost of semi-finished products and the cost of finished products.

2. cost The period of calculation is the monthly accounting period. The quota method is generally used for large numbers of mass production enterprises, and can only be calculated monthly.

3, the actual cost of the product is based on the fixed cost and consists of three parts, namely, the fixed cost, the quota difference and the quota change.

4, the monthly production cost should be allocated to the finished product and the product in three parts, namely, the fixed cost, the quota difference and the quota change.

　　 Two. The quota method. Scope of application

The quota law is applicable to the enterprises that have formulated a complete set of quota management system, the product is stereotyped, the production cost is stable and accurate, and the basic knowledge and skills of accountants are strong.

Since the cost calculation object of the quota method can be either the finished product or the semi finished product, the quota method can be applied to the whole enterprise or to some workshops in the enterprise.

　　 Three, the advantages and disadvantages of the quota method.

Its advantages lie in:

1, the quota cost method can be used to calculate the discrepancy between the norm and the actual cost, and take measures to improve it. Therefore, adopting this method will help to strengthen the daily cost control.

2, the quota cost method can be used to calculate the quota cost, the quota difference, the quota change difference and other indicators, which is conducive to the periodic analysis of product cost;

3, through the analysis of quota differences, we can modify the quota, so as to raise the level of quota management and plan management.

4. Due to the existing quota cost information, the quota data can be used to allocate the difference between quota and quota variation between finished products and products.

Its disadvantages lie in:

1, because it has to calculate the difference between quota cost, quota difference and norm change separately, the workload is large, and it is difficult to carry out it.

2, it is not easy to assess and analyze the work of each responsible department.

3, if the quota information is not accurate, it will affect the accuracy of the cost calculation.

In a variety of financial accounting models, enterprises choose their own financial accounting methods according to their own financial status, so as to help enterprises continue to develop.