Cost Accounting Eurostat RDG 17. June 2015.

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Presentation transcript:

Cost Accounting Eurostat RDG 17. June 2015

SD background FTEs: 550. Annual turnover 2015: 58 mio. € Financing:

Cost accounting – 2 different areas Appropriation roughly 60 pct. - combined production => cost accounting for products difficult (registers) ”Own income” roughly 40 pct. - cost accounting mandatory - heavily regulated, state audit carefully checks - marginal cost (extra effort to deliver service) … priced at long run average cost per unit

SD method ”full cost”

Cost allocation Covers all products Common principles Pro-duct A Covers all products Common principles Represent actual ressource use Easy administration Direct <=> Indirect cost Sources: Danish State regulations on budgeting, cost allocation and pricing. Pro-duct B ”A cost allocation is an internal assignment of indirect costs from one level in the cost structure to another. Cost allocations can provide visibility about activities’ and products’ pull of resources.”

Example: EU financial contributions