The Status of Cost Accounting Teaching.

Abstract The article presents a survey report of the status of the cost accounting in the colleges throughout the U.S. To secure the opinion of those actively engaged in the work, a number of letters were sent out to men in charge of the cost accounting work of large industrial establishments. The answers received are probably more confusing than those of the college instructors. A summary of the replies received from nine cost accountants shows that three out of the nine concerns think that a practical training in cost accounting cannot be given in the college classrooms. In answer to the question of how cost accounting instruction was defective in their collegiate or business education, the cost accountants unanimously condemned work because theory was not combined with practice. In view of this present confused status in the content of cost accounting instruction in collegiate schools of business, it seems desirable that the Association of University Instructors in accounting, appoint a committee to collaborate with the National Association of Cost Accountants in preparing suggested system to meet the varying needs and conditions under which cost accounting is taught.