Overview and Basic Rules of Cost Accounting in Higher Education

As the main force in higher education in the new era, universities should aim for cost reduction and efficiency improvement, as well as high-quality development based on connotation, shifting from pursuing the quantity and scale of funding input to focusing on the quality of output and performance results. Strengthening the accounting of educational costs and improving the quality of cost information in universities aligns with the current trend of economic transformation. However, the accounting work of educational costs in universities still faces many practical difficulties. This paper starts from the perspective of promoting cost reduction and efficiency improvement, as well as connotative high-quality development in universities. Based on multidisciplinary theories such as stakeholder theory, government performance theory, and cost accounting theory, and considering the current situation of educational cost accounting and the demand for cost information in universities, it researches and proposes the basic rules and specific methods of educational cost accounting, forming an application plan that can be promoted and referenced.