Description

Cost Accounting

Owing to the growing need for inculcating cost consciousness and encourage cost reduction effort, the area of cost accounting has emerged as a vital branch of accounting. For a manager, knowledge of cost accounting is a prerequisite to successful management accounting.

Components

It is imperative for managers to thoroughly understand the dynamics of cost accounting.

The topics covered in the book are:

1. Fundamentals of cost accounting.
2. Unit Costing
3. Reconciliation of Cost and Financial Accounts
4. Non-integral accounting

Objectives

We have tried to discuss the said topics in a simple language. Review exercises at the end of each chapter and multiple-choice questions along with answers.We hope this would help the students in their preparations for examinations.

Suggestions and feedback from the teaching fraternity and the students are earnestly solicited and will be highly appreciated to improve further the quality of this book.