This book is conceived for students preparing for M.Com., I.C.W.A., C.A., C.F.Az., B.B.A., M.B.A., C.A.I.I.B. and other professional and P.G. diploma courses. It provides an exhaustive treatment of various concepts, methods, techniques and principles of cost accounting. Due emphasis has been laid on conceptual clarity, formulae, detailed illustrations and work practice. Incorporating latest trends, current thoughts and balancing theories with practical applications. Terms appearing at the latest terminology issued by Chartered Institute of Management Accountants (C.I.M.A.), London, have been mostly used and thoroughly explained with suitable examples.
This book contains sufficiently large number of problems on each topic, properly graded and having full length of solutions. Each chapter ends with a set of theoretical and practical assignments so that the students can reinforce their understanding and prepare themselves thoroughly for examinations. Lucid presentation of complex and advanced subject-matter with critical analysis at relevant places is given in an easy-to-understand form.