Process: RtR |
Macro-Process: Costing / Product costing |
Scope: Level 1 |
Risk: FRA justifies the usage of manual costing vs a reference list validated by plant manager and GCCO, controls inventory revaluation and analyzes variances
Standard costs are updated every month to ensure inventory valuation and cost of sales accuracy. |
FRA |
D5 |
Monthly |
FRA:
|
| IAC 01.02 Monthly variance analysis, CCR, manual costing.xls |
Former Controls: IAC 03.08.05 / IAC 03.08.06 / IAC 03.09.00.01
Guideline |