Abstract: COST ACCOUNTING FOR INVENTORY CONTROL AND VALUATION
This research explores the role of cost accounting in inventory control and valuation in the retail sector in Kaduna. The study's objectives are to assess how cost accounting supports inventory management, evaluate its impact on financial performance, and identify the challenges faced. A survey design was employed, gathering data from 200 financial managers and inventory controllers, derived using Taro Yamane's formula. A case study of a leading retail chain in Kaduna provided comprehensive insights. The reliability coefficient score was 0.86. Findings indicate that cost accounting plays a crucial role in inventory control and valuation by providing detailed cost information and facilitating better decision-making. However, challenges such as data collection difficulties and compliance issues were noted. Recommendations include providing more training on cost accounting for inventory management, simplifying data collection processes, and integrating cost accounting with overall inventory management practices to enhance organizational performance.