ounting: 'ountingsystems',ountingsystems:costing,budgeting,,,togetherwithgoodsandservices,,especiallycost,essfactors,,,,ounting, ountingare:,notonlybecauseoftheneedtovalueinventoryandcostofgoodssoldforexternalreporting,,withthegrowthoftheservicesector,petitionandsophisticatedITcapability,ountantstendtofocusonmanydifferenttypesofcosts(notjustmanufacturingproductcosts)‘Reallife’examplesinthechapterillustratehowviabilitycandependonmanaging,,tokeepinsurancepremiumsaslowaspossibleforitscustomersandtomeetitsobligationstoshareholders,,lookforsavingsinitssupplychain,usetechnologytoincreaseefficiencyandfindsynergieswithinitsoperations,
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