This website is
dedicated to the knowledge obtained in a lifetime of work and research by Dr. Emanuel Schwarz,
in his instruction and refinement on the
Principals of Managerial Cost Accounting.
Our website is divided
into 4 basic sections.
New visitors are invited to review
the series of articles written by Dr. Schwarz, and published on the Pro2Net
website during the past two years.
The section on Fundamentals provides a
graphical overview to understanding the basic concepts of the Internal Accounting System.
The Requirements section details what external data a company must have in place
to compliment and support the internal structure.
The Procedures section
details the cost allocation, reallocation and absorption processing steps as
implemented in the Internal Accounting model.
We look forward to your questions