TITLE:
The Application of Quality Costs Accounting in Industrial Companies in Benghazi Libya
AUTHORS:
Tarek Abdelhafid Elsharif
KEYWORDS:
Quality, Accounting Quality, Quality Costs, Evaluation Costs, Prevention Costs, Internal Failure Costs, External Failure Costs
JOURNAL NAME:
Open Access Library Journal,
Vol.6 No.5,
May
27,
2019
ABSTRACT: Quality represents the first competitive advantage of industrial and service companies. The race by companies to provide a high-quality output, in fact, derives from the intensity of competition, leading to continuous quality improvement, because it is impossible to compete in the local and global markets without providing high-quality products to be accepted by cus-tomers; thus quality becomes the primary goal to be met with attention and care locally and internationally. This study intended to identify the concept and nature of accounting quality as a modern development in the globalization of the economy and recognize the reality of accounting quality in the Libyan industrial companies which work in Benghazi city. In addition to the fact that quality cost accounting is one of the essential ingredients that activates industry and achieves growth. So, to achieve the aims of the study, a prepared questionnaire distributed to the sample of companies, and the collected data was analyzed to reach the purposes of the study. The study concluded with a set of results and recommendations, which both will show at the end of the research.