Cost Accounting as a Source of Management Information in Units of the Territorial Self-Government

Cost accounting is a branch of accounting which deals with the topic of determining costs of the activity conducted by economic entities. The information concerning the costs of the performed activity has a significant meaning while managing the unit of the territorial self-government as well as increasing the rationality and effectiveness of public expenditure. Currently communes mainly focus on spending public funds in accordance with the law and fulfilling reporting duties within the scope. The aim of the article is an attempt to indicate the role of cost accounting in providing information that aims to increase the effectiveness of the public spending.