Cost Management Accounting in Korean Direct Investment Enterprises in Vietnam

Abstract

Cost management accounting provides information for the process of controlling production costs compared to standard costs, cost estimates... to point out differences and evaluate the implementation of cost plans. Through studying the current status of applying cost management accounting in Korean enterprises directly investing in Vietnam, specifically a typical enterprise is Samsung Electronics Vietnam. The group of authors proposes appropriate solutions related to cost management accounting, helping foreign direct investment enterprises to perform management work more effectively.