Limitations of cost Accounting

In spite of it several advantage cost accounting is not free limitation , which are as follows : 


1. Lack of  uniformity   
                                   Different costing method are used to determine the profit . the result given by cost accounting are more estimate.

2. Join cost  
                   In cost accounting .the major portions of costs are join cost . To determine the cost of a product , join cost should be allocated separately .


3.Expensive 
                    Cost accounting is an expensive system . so only big firms can afford .


4. Development stage 
                                    Cost accounting  principle have not fully  developed . frequently recent concept are tested . For these reasons the principles have not been fully implemented as yet .