Indeed, much benefit could be derived from centralizing the teaching of basic accounting in one course in one department, which, in most colleges, would be either the management or commerce department. If only on such course is offered much needless duplication can be avoided and a single standard of achievement can be maintained. It is for such a course that this book is designed.
This book entitled as a “Cost Accounting-I” is written for degree students of UG courses. The related matters are written in a simple and easily understandable. While writing this book, an attempt has been made to present the concepts briefly with examples. The present work of us has sincerely tried to highlight the practical areas of accounting. The language used is very lucid and more informative to both a beginner as well as a professional.
This book aims to provide required course content of the financial accounting which is divided in five units. Each and every unit is explained with structure and illustration. Review questions and practical problems at the end of each unit and carefully selected the view of examination and practice of assignments.
Contents –
1. Introduction to Cost Accounting
2. Analysis and Classification of Cost
3. Elements of Cost Material
4. Elements of Cost Labour
5. Elements of Cost Overheads
6. Reconciliation of Cost and Financial Accounting
