Cost And Management Accounting (For Utkal University, Odisha) by M N Arora, Priyanka Katyal
Book Summary:
Cost and Management accounting is a fast growing and high value subject and all commerce graduates must possess knowledge of concepts, techniques and practices of this subject. It helps in planning and controlling of business operations and also in management decision making, which in turn assists in profit maximisation for the business. This book is an attempt to provide the students with thorough understanding of the cost and management accounting concepts, methods and techniques. The subject matter has been presented in a systematic and intelligible manner with liberal use of numerical illustrations, charts and diagrams so as to make it interesting and sustain readers’ interest.
The book has been divided into eleven chapters as per the syllabus. Based on the conviction that students can really learn management accounting by solving problems, the theory and problems approach has been adopted to fully meet all the examination needs of the students in this volume. Thus apart from well organised theory, this book has sufficient number of solved problems, illustrations and unsolved problems with answers and hints, apart from selected theory questions. This will help students tackle examination questions with ease. The theory questions and practical problems and illustrations have been mostly selected from BCom and BBM of leading Indian universities.
Audience of the Book :
This book Useful for B.Com Student.
Table of Content:
1. Introduction
2. Accounting for Materials
3. Accounting for Labour (Employee Cost)
4. Overhead Cost
5. Output or Unit Costing (Cost Sheet)
6. Job Costing
7. Contract Costing
8. Process Costing
9. Marginal (Variable) Costing and Cost-Volume-Profit Analysis
10. Budgeting and Budgetary Control
11. Standard Costing and Variance Analysis
Previous Years’ Question Papers
