Cost Accounting

Now in its 13th edition, this textbook continues to provide an in-depth and insightful analysis of the modern theories and practices of cost accounting. Primarily intended for postgraduate and undergraduate students of commerce and management, the book will be of benefit to students pursuing professional courses offered by the Institute of Chartered Accountants of India (ICAI), the Institute of Cost Accountants of India (ICAI), the Institute of Company Secretaries of India (ICSI), and those pursuing the Chartered Financial Analyst (CFA) course. The book has been thoroughly revised meeting the latest syllabus requirement of various courses. A new chapter on "Strategic Cost Management" has been included. Many chapters have been overhauled and updated, in particular the chapters covering basic concepts and terms, classification of costs and cost sheet, activity based costing, marginal costing, relevant cost analysis and management decisions, capital budgeting decisions, and cost audit. The book also includes terminology published by CIMA, the cost standards recommended by ICAI, and an array of illustrations, worked-out examples, MCQs and practice exercises.