Process: Product Costing

Responsibility area: Internal Control Monitor  

FRA updates once a year the plant costing model by filling in the template for standard rate calculations and assessment cycles , because it is necessary in financial reporting to determine cost of sales and inventory valuation.




Control evidences

IAC 01.01. Costing model

Template PF2

Template WP2





  Guideline  

Template on Control evidences

Instruction on the Template
Send the file completed to the plant manager & the GCCO to get their approval 

 Send the file to the SU Management Accounting that will check the file and will upload it in WP2

 

Template on Control evidences

Instruction on the Template
I send the file completed to the plant manager

 I send the file to the SU Management Accounting that will check the file and update the cycles