Overview of Cost Accounting
Material Cost
Employee cost (Labour Cost)
Overhead Cost
Output or Unit Costing (Cost Sheet)
Job and Batch Costing
Contract Costing
Process Costing
Joint Products and By-Products
Operating Costing (Service Costing)
Non-Integrated and Integrated Accounts
Reconciliation of Cost and Financial Accounts
Management Accounting - Nature and Scope
Financial Statement Analysis
Funds Flow Statement
Cash Flow Statement
Marginal (Variable) Costing and Cost-Volume-Profit Analysis
Budgeting and Budgetary Control
Standard Costing and Variance Analysis
Tactical decision making
Responsibility Accounting and Transfer Pricing
Advanced Cost Management Techniques

This book provides the students with thorough grounding in cost concepts, cost behaviour and methods, and techniques of cost and management accounting with an understanding of the uses and limitations of cost and financial data for managerial operations. The text of the subject matter has been presented in a student-friendly, simple and intelligible manner. Every discussion involving conceptual complexity is immediately illustrated by a numerical example. In addition, the book contains a liberal sprinkling of charts and diagrams so as to make the subject easily understandable and highlight its finer points. The subject matter has been organized on ‘first things first’ basis for its logical presentation that sustains interest. The approach of the book is examination oriented. Thus, a good number of problems and solutions have been included in its chapters. Theoretical and numerical questions have been mostly selected from various examinations. Objective type questions have been given to serve as self test by students. This is an ideal book for self study.