The difference between activity-based accounting and traditional cost accounting

The main differences between activity-based accounting and traditional cost accounting are:

1, the object of cost accounting is different: activity-based accounting takes activity as the accounting object, while traditional cost accounting takes product as the accounting object.

2. There are different standards for the allocation of manufacturing expenses: activity-based accounting generally allocates multiple standards on the basis of multiple cost factors, while traditional cost accounting generally allocates a single standard.

3. The methods of product cost collection are different: activity-based accounting generally collects costs based on activities, while traditional cost accounting generally collects costs based on product categories.

4. The emphasis of cost calculation is different: activity-based accounting focuses on the process of cost occurrence, while traditional cost accounting focuses on the improvement of cost quality.