Study of Cost Price Accounting in Iranian State Companies

The purpose of the study is to assess the accounting systems or the information about prime cost in state companies. Therefore, it is necessary to identify the obstacles prevent the execution of industrial accounting (the prime cost) in such companies in order to determine the prime cost of the products and services of the companies under study. In this study, 300 financial and accounting managers and experts of the state companies in Tehran were sampled, including the companies busy with the affairs related to mines and metals, petroleum and gas, petro chemistry, oil, electricity power and water, etc.; interviewing tools and questionnaires were used to collect data. The collected data were analyzed using SPSS statistical software. To describe and analyze data, the descriptive tables and percentages and also chi-square Test were utilized respectively. The findings showed that the optimal system of prime cost accounting is not coordinated with the execution of budget regulations and do not follow accounting standards, in addition, financial controlling accounting system is not in coordination with prime cost accounting system of products and services and the prime cost accounting of the state products and services do not lead to the real prime cost determination. The prime cost in the companies under study do not follow operational and industrial accounting system and it leads to the difference between the real and recognized costs determined by the state entities.