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A UGC recommended textbook for various commerce graduate programs like BCom, BBA, BBM, and BBS. Also useful for ICAI, ICWAI, AIMA, MCom and MBA, etc.
Cost Accounting: Principles and Practice gives students a thorough grounding in cost concepts, cost behaviour and costing methods. The subject matter has been presented in a student friendly, systematic and intelligible manner. Every discussion involving conceptual difficulties is immediately followed by a numerical example. The large number of charts and diagrams bring to light the finer points of the subject and make it easily comprehensible. The subject matter has been organized on ˜first things first` basis to sustain the interest of the students.A complete textbook, ideal for self study, making learning a painless experience ¢ Examination-oriented approach ¢ Over 300 solved problems and illustrations with ˜Working Notes` ¢ Theoretical, Practical and Objective Type Questions selected mostly from various university and professional examinations Overview, Material Cost, Labour Cost, Overhead Cost, Activity Based Costing, 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, Delhi University Question papers with Answers and hints, Revisionary Problems and Solutions as Appendix M N Arora is Associate Professor in Hans Raj College, University of Delhi. He studied BCom Hons and MCom in Shri Ram College of Commerce and was a position holder in Delhi University. He is also a Fellow Member of the Institute of Cost and Works Accountants of India. He has more than four decades of experience of teaching Cost Accounting and Management Accounting in various courses in Delhi University and other professional courses like BCom, MCom, MIB, MHROD, MBA, CA, CS, etc. He has authored popular textbooks which have been widely prescribed by UGC, ICWAI, ICSI, Delhi University, Bangalore University and many other universities. He was a Special Invitee in the meetings of the Cost Accounting Standards Board of The Institute of Cost and Works Accountants of India for finalization of draft Cost Accounting Standards.ISBN 9788125938330
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