Cost and Management Accounting - Theory and Problems

ISBN Number : 978-93-5097-703-3

Student Price : Rs.625

Student Dollar Price : 25$

Library Price : Rs.1595

Library Dollar Price : 64$

Book Edition : Fourth

Year of Publication : 2019

No. Of Pages : 700

Book Weight :962

About The Book

I take great pleasure in presenting this thoroughly revised and updated fourth edition of Cost and Management Accounting. The learned professors and students have always praised the excellent presentation of the subject matter in a simple and lucid style and the utility of the solved and unsolved problems in the book from examination point of view. I thank them for their compliments and also for their support and suggestions. I assure them that while revising the book, I always have students in mind and fully utilize the opportunity to improve the subject matter. In this edition, text matter in all chapters has been thoroughly revised and numerical questions from various recent examinations have been given included - Objective type questions have been added in chapters as suggested


Contents :

1. Introduction to Cost and Management Accounting
2. Basic Cost Concepts
3. Material Cost-Accounting and Control
4. Employee (Labour) Cost-Accounting and Control
5. Overheads-Accounting and Control
6. Unit or Output Costing (Cost Sheet)
7. Contract Costing
8. Process Costing
9. Absorption Costing and Marginal (Variable) Costing
10. Cost-Volume-Profit Analysis
11. Marginal Costing and Decision Making
12. Budgetary Control
13. Standard Costing and Variance Analysis
14. Analysis and Interpretation of Financial Statements
15. Ratio Analysis
16. Funds Flow Statement
17. Cash Flow Statement
18. Recent Developments in Cost Management

About The Author

 M N Arora is Senior Reader in Hans Raj College, Delhi University. He did B.Com (Hons) and M.Com from Shri Ram College of Commerce and was position holder in Delhi University. He is also a Fellow Member of the Institute of Cost and Works Accountants of India.   

 M N Arora has over 35 years experience of teaching Cost Accounting and Management Accounting in graduate and postgraduate courses in Delhi University and also in other professional courses like MBA, MIB, MHROD, CA, CS, etc. He has authored quite a few popular textbooks which have been widely prescribed by UGC, ICWAI, ICSI, Delhi University, Bangalore University and many other universities. His Cost Accounting – Principle & Practice is in the list of Suggested Readings prescribed by UGC, The Institute of Company Secretaries of India, Delhi University and other universities. He was a Special Invitee in the meetings of the Cost Accounting Standard Board of The Institute of Cost and Works Accountants of India for finalization of draft Cost Accounting Standards.

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