Cost and Management Accounting is a fast growing and high value subject and all business graduates must possess knowledge of concepts, techniques and practices of this subject. It helps in planning and controlling of business operations and also in management decision making, which in turn assist in profit maximisation for the business.
This book is an attempt to provide the students with thorough understanding of the Cost and Management Accounting concepts, methods and techniques. The subject matter has been presented in a systematic and intelligible manner with liberal use of numerical illustrations, charts and diagrams so as to make it interesting and sustain readers interest.
Contents –
1. Introduction
2. Cost Concepts and Classifications
3. Material Cost Control
4. Labour Cost Control (Employee Cost)
5. Analysis of Financial Statements
6. Ratio Analysis
7. Marginal Costing and Break-even Analysis
