4.1 Cost planning and cost accounting

Cost planning and cost accounting should determine which costs and to what extent costs will be incurred in the realisation of the business concept. Cost planning and cost accounting are the commercial core of a business idea, where it is decided whether a product, a service or a project can be economically implemented in the market. Cost planning is used to decide how the company can and may operate. Cost planning for a start-up will have a different degree of coverage than for a business succession or an operational business concept where the amount of many costs is already known. The cost planning must be structured in depth according to the requirements of the respective business concept.