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ApplicationofActivityBasedCostinginHigherEducationCostAccounting

  

  1. (DivisionofFinance,KunmingMetallurgyCollege,Kunming650033,China)
  • Received:2020-09-14 Online:2021-03-01 Published:2021-03-02

Abstract: TheMinistryofFinanceissuedthe“BasicGuidelinesonCostAccountingofPublicInstitutions” (〔2019〕No.25document).Accordingtothenewdocument,costaccountingwillbeimplementedinpublicinstitutionsfromJanuary1,2021.Thenewrequirementsputforwardinclude:activitybasedcostingisusedtocalculatethecostofeducationincollegeswheretheindirectcostisrelativelylarge.Aftersettingallowablecosts,activitybasedcostingistakenasthemajormethodtoimputeresourceprojects,andallocateresourcecosttotherelatedactivitiestocalculatethetotalcostofeducation.Inthisway,itcanhelpcollegestoimprovecosteffectiveness,implementresponsibilityconstraints,focusonresults,optimizethecoststructureandrealizethefinemanagementofcollegeeducationcost.

Key words: colleges, educationcostaccounting, activitybasedcosting

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