Cost & Management Accounting has been designed to discuss the fundamental concepts and principles of cost & management accounting

This book aims to fulfil the requirement of students of undergraduate & postgraduate courses in commerce and management, particularly the B.Com., BBA, M.Com., MBA, CA Inter, CMA Inter, Company Secretary and other Central Universities courses throughout India.

The Present Publication is the 6^th Reprint Edition, authored by Ravi M. Kishore, with the following noteworthy features:

• [Simple, Systematic & Comprehensive Explanation] The subject matter is presented in a simple, systematic method along with a comprehensive explanation of the concept and theories underlying cost & management accounting.
• [Illustrations & Diagrams] are used throughout this book to explain the concepts to achieve a thorough understanding.
• [Student-Oriented Book] This book has been developed, keeping in mind the following factors:
• Interaction of the author/teacher with their students in the classroom
• Shaped by the author/teachers experience of teaching the subject-matter at different levels
• Reaction and responses of students have also been incorporated at different places in the book
• [Practical Problems along with Solutions] have been added at the end of each chapter
• [Latest Developments in Cost Audit] are covered in the book
• [Chapter-wise PowerPoint Presentation] are covered in the CD that comes along with this book, to help the students & faculty.
• [Students' & Teachers Manual] is given in the CD, which consists of the following:
• Chapter-wise summary & keywords
• Short answer questions, true/false statements, choose the correct word, etc.

The structure of this book is as follows:

• Synopsis
• Main Body (Contents)
• Points to Remember
• Object Type Questions (True/False)
• Theoretical Review Questions
• Practical Problems with Solutions

Contents of this book are as follows:

• Overview of Cost and Management Accounting
• Cost Clarification and Cost Behaviour
• Direct Material: Procurement Procedures
• Direct Material: Inventory Control
• Direct Labour: Remuneration Methods
• Direct Labour: Accounting and Control
• Overheads: Allocation and Appointment
• Overheads: Absorption and Accounting
• Special Items of Cost: Treatment, Accounting and Control
• Activity-Based Cost Systems
• Financial and Cost Accounts: Reconciliation
• Integration of Cost and Financial Accounts
• Output Costing and Cost Sheet Preparation
• Job Costing
• Batch Costing and Economic Batch Production
• Contract Costing
• Process Costing and Operation Costing
• Process Costing: Equivalent Units
• Service Costing
• Profitability of Joint Products and By-Products
• Uniform Costing and Interfirm Comparisons
• Cost Audit and Management Audit
• Marginal Costing
• Break-even and CVP Analysis
• Budgeting and Budgetary Control
• Standard Costing and Variance Analysis
• Financial Statement and Ratio Analysis
• Funds Flow Analysis
• Cash Flow Analysis
• Capital Budgeting Methods