This well-established and widely adopted textbook, now in its 12th edition, continues to provide an in-depth and insightful analysis of the modern theories and practices of Cost Accounting. That the book has gone into its 12th edition is a testimony of its wide acceptance by the students, academics and professionals.
Primarily intended for postgraduate and undergraduate students of Commerce and Management, the book would also immensely benefit students pursuing professional courses offered by the Institute of Chartered Accountants of India (ICAI), Institute of Cost and Works Accountants of India (ICWAI), Institute of Company Secretaries of India (ICSI), and those pursuing the Chartered Financial Analyst (CFA) course.
WHAT'S NEW TO THIS EDITION
Revised, redesigned and updated text to acquaint the readers with the latest developments and changes that have taken place.
New chapters on Relevant Cost Analysis and Management Decisions and Capital Expenditure Decisions.
Greater emphasis on cost management and decision-making.
A vast array of illustrations and worked-out examples to help gain a better understanding of concepts.
Comprehensive multiple choice questions (MCQs) and exercises for students to self-analyze their understanding of concepts.
1.Introduction to Cost Accounting: Basic Concepts and Terms.
2.Classification of Costs and Cost Sheet.
3.Material Cost Management.
Section I: Managing Purchase Functions.
Section II: Storing of Materials.
Section III: Valuing Material Issues.
Section IV: Operating Control Systems.
4.Labour Cost Management.
Section I: Recruitment, Time- keeping and Time-booking.
Section II: Methods of Remuneration.
Section III: Preparation and Payment of Wages and Accounting.
Section IV: Labour Turnover.
Section V: Labour Cost Control.
Section I: Definition and Classification.
Section II: Production Overheads.
Section III: Administration, and Selling and Distribution Overheads.
Section IV: Miscellaneous Indirect Expenses.
6.Activity Based Costing.
7.Cost Control Accounts.
8.Reconciliation of Cost and Financial Accounts.
10.Job and Contract Costing.
Section I: Job Costing.
Section II: Contract Costing.
Section I: Process Losses and Inter-process Profits.
Section II: Equivalent Production.
Section III: Joint Products and By-products.
13.Uniform Costing and Inter-Firm Comparison.
Section I: Conceptual Framework.
Section II: Marginal Costing and Management Decisions.
15.Relevant Cost Analysis and Management Decisions.
Section I: Functional Budgets and Master Budget.
Section II: Flexible Budgets.
Section I: Cost and Sales Variances.
Section II: Accounting Methods.
18.Capital Expenditure Decisions.
Section I: Some Emerging Concepts and Techniques.
Section II: Operations Research and Quantitative Techniques.
Section III: Learning Curve Analysis and Decision-Making.
Answers to Multiple Choice Questions.
Answers to Exercises.
|Book :||Cost Accounting: Theory and Practice|
Book ID :10702
ISBN 13 :9788120328945
Year of Publication :2009
Edition :Twelth Edition
Weight :1 Kg.