Cost management is the process of planning and controlling the budget of a business. Cost management is a form of management accounting that allows a business to predict impending expenditures to help reduce the chance of going over budget. This text is designed for business studies and management degree courses at undergraduate level.

The book Cost Management familiarizes the students on the use of costing data for decision making and cost control and creates awareness on the emerging cost management concepts.

This text book is an attempt to provide the students with detailed understanding of introduction to cost management, cost control, cost reduction, target costing, absorption costing, marginal costing, standard costing, budgetary control and activity based costing.

This book is designed to present the need for all categories of students by giving simple explanation related to Cost Management under Indian Perspective.

Contents -

Introduction to Cost Management
1. Cost Control and Cost Reduction
2. Marginal Costing
3. Standard Costing
4. Budgetary Control
5. Activity Based Costing