Cost Accounting Techniques: Research on Hanoi Businesses

Cost information is important information for business administrators. If businesses in Hanoi want to operate effectively in a competitive environment, entrepreneurs must be provided with sufficient useful information in the decision-making process. Profit is an important indicator to evaluate the results of a business. But different costing methods calculate profits differently. Therefore, depending on each business decision, administrators should be provided with appropriate cost information. The author conducted research at manufacturing enterprises in Hanoi, with 170 survey questionnaires sent to 170 companies in the third quarter of 2023. The author used SPSS to process the collected data, The results show that cost accounting techniques have been implemented in businesses in Hanoi but the level of use of different techniques is different.