Cost Accounting (BCom, Odisha Univ)

All business graduates must possess knowledge of cost accounting concepts and practices. It helps in planning and controlling of costs of products and services and also in making managerial decisions, which in turn assists in maximization of profit. This volume is an attempt to provide the students with thorough understanding of the cost accounting concepts, methods and techniques. I have presented the subject matter in a systematic and intelligible manner with liberal use of numerical illustrations and diagrams so as to make it interesting and sustain student interest.

The book has been divided into ten chapters to fully cover the NEP 2020 syllabus of B.Com, Odisha University. Based on the conviction that students can really learn cost accounting by solving problems, the theory and problems approach has been adopted to fully meet all the examination needs of the students in one book. Thus apart from well organised theory, the book has sufficient number of solved problems and illustrations and unsolved problems with answers and hints, apart from short answer questions and essay type questions. This will help students tackle examination questions with ease. The theory questions and practical problems have been mostly selected from examinations of BBM, BBA and B.Com. of various leading Indian universities.

Contents –

1. Introduction
2. Cost Sheet (Unit or Output Costing)
3. Material Cost
4. Employee Cost (Labour Cost)
5. Overheads
6. Job Costing
7. Contract Costing
8. Process Costing
9. Service or Operating Costing
10. Activity Based Costing (ABC)