The purpose of this thesis is to develop a Management Information Systems (MIS) of cost accounting for both tax and Managerial Accounting Systems.
Based on MIS theory and cost accounting Practices, this System is developed for a Small meat-Packer company consisting of one head office and one factory.
The differences between tax and Managerial accounting are adjusted by codes. If a code of input is "0", the input is useful in both tax and Managerial accounting, if a code of input is "1", it is useful in tax accounting only. And if a code of input is "2", it is useful in Managerial accounting only.
Formally the bill of costs consists of three organizational steps, namely cost type accounting, cost center accounting and Profitability accounting. The cost type accounting (CTA) answers to the question as to "What cost have arisen?" In the CTA Process all the costs of the Workshops are collected and delimitated against the expenses shown in the financial accounts.
The cost center accounting (CCA) answers to the question as to "Where, and at which Places in the Workshop, have the cost arisen?" In the CCA Process the whole enterprise is to be devided into cost centers according to technical and economic considerations in order to achieve clear delimitations. All the overhead costs occuring in a certain period are to be extended to these cost centers.
Finally product line profitability accounting consists of the complete costs settlement of the sold accomplishments of a certain accounting period and this according to product groups.
The major outputs from the System are production cost report, operating result report of each product item, full cost report and income statement.
