(d) Cost accounting

3. Cost accounting

3. Cost accounting

(iv) Cost accounting

(iv) Cost accounting

Cost accounting system for conference services

4. Cost accounting system for conference services

Cost accounting for system for conference services

IV. Objectives and benefits of a cost accounting system

4. Cost accounting system for conference services. 41 53 6

9. The Rio Group recognized the utility of a cost accounting system.

6. Cost accounting in not for profit service organizations is quite different.

In the past, the Committee has cautioned against expensive cost accounting systems.

The Secretariat will submit a written report on the cost accounting system.

A number of delegations had asked about developments in the area of cost accounting.

(i) Cost accounting system for conference services (resolution 52 214 D), A 53 257

25. In order to develop a cost accounting system, a prototype approach seems advisable.

Staff separation cost estimates as per the accounting policy on contingent liabilities (note 2 (c))

On this basis, the total cost of the accounting system project was estimated at 2,102,000.

52. The Committee supported in principle further development of the cost accounting system for conference services.

2. Traditional cost accounting systems were set up primarily to meet the needs of manufacturing concerns.

Noting the possible benefits of the cost accounting system for the financial efficiency of the United Nations,

(h) Report of the Secretary General on a cost accounting system for conference services (A 53 257)

20. The accuracy of any cost accounting system depends on the accessibility and validity of the data available.

37. The view was expressed that the report of the Secretary General on a cost accounting system for conference services contained in document A 53 257 was useful because it provided a clear statement of the objectives and benefits of a cost accounting system.

The remainder covers the cost of the provision of audit, payroll, investment, and treasury and accounting services by UNOG.

However, the Secretariat was looking into the issue in the context of cost accounting studies requested by the Committee.

8. In the field of conference services, activity based costing can offer an approach consistent with cost accounting theory.

The development of cost effective and easy to maintain cost accounting systems could facilitate analysis of the cost of activities, including the related resources that could be released as a consequence of the discontinuation of outputs.

We usually don't, and we want to start getting the accounting system right so we can pay the real cost.

2. Encourages the Secretary General, to the extent possible, to utilize in house resources to implement the cost accounting system

2. Encourages the Secretary General, to the extent possible, to utilize in house resources to implement the cost accounting system

I.55 The Advisory Committee enquired as to progress achieved in the development of a cost accounting system for conference services.

They are hosted on old hardware and are not fully reliable to be used as part of a cost accounting system.

The Committee s views on cost accounting for conference services are contained in its report of 16 October 1998 (A 53 507).

8. Activity based costing can offer an approach consistent with cost accounting theory and suitable for use in the conference services area.

17. The data gathered through the current formal and informal information systems need extensive modification to support a meaningful cost accounting system.

The prototype method will indicate changes that would have to be made to information systems to develop a satisfactory cost accounting system.

The Secretary General, in response to General Assembly resolution 59 275 of 23 December 2004, will submit to the General Assembly at its sixty first session a report on the introduction of a cost accounting system in which options are presented on the application of cost and management accounting techniques to the Secretariat.

(4) important accounting policies and accounting estimates

Current cost accounting theory suggests that the method of allocating overhead costs should be linked to any activities that are related to those costs.

24. A cost accounting system would generate standardized cost and activity reports that would make it easier to look at the provision of conference services as a whole, rather than as a collection of discrete services.

34. At the point where the developer and the users decide that the prototype is providing the right cost inputs to management functions, the cost accounting system should be hardened and turned into an operational system.

Accounting

The additional resources requested under this heading ( 1,309,600) related to (a) the proposed UN UNJSPF cost sharing arrangements with the United Nations ( 226,200) and (b) the revised cost of the new accounting system for the Fund ( 1,083,400).