Abstract

This study examines one of the most common issues faced by these facilities, which is the inability of traditional costing systems to provide accurate cost information that helps in evaluating their performance, in order to investigate the role of achievement accounting in performance appraisal and control in the North Refineries Company (a joint stock company). General). This is what has prompted many academics to search for new approaches and technologies that help address these issues. In order to assess performance in line with current trends in the manufacturing environment, the North Refineries Company, a unit of the Ministry of Oil, used completion accounting. The effectiveness of achievement accounting was tested in this setting.This strategy places a significant emphasis on sales as the only means of attaining goals, hence judging performance on the basis of sales volume rather than just production volume will be more important. In order to accomplish the aforementioned goals, the study's main goal was to evaluate theories and hypotheses. According to the study, the performance accounting approach offers precise and conclusive data for choosing the most lucrative product mix and its effects on performance measurement and evaluation. To do this, the goods are rearranged in accordance with the rate of completion per minute at which each product uses the scarce resource during the manufacturing steps.