The key features of this edition could be spelled out as below:
-
The language has been greatly simplifies. No doubt, latest technical terms are encouraged, jargons have been avoided. Clarity of expression and precision have been our guideposts. For definitions, we have largely depended upon the views of the professional bodies.
-
The text has been re-divided into logical, sequential parts. For example, in Part III, the chapter on absorption and marginal costing precedes CVP analysis and break-even point, and is succeeded by relevant costing and short-term special decisions. Similarly, enough fine-turning has been done in the chapters related to materials , overheads, budgeting, and standard costing and variance analysis.
-
The numerical part consisting of illustrations, exercises and prblems have been totally reshuffled. Approximately, one-third of the earlier old ones have been dropped, and their replacement have come from the examination papers of overseas and Indian professional institutes in the past few years. Then, all typographical errors have been scrupulously eliminated.
| Book Content of Theory and Techniques of Cost Accounting | |
|
|
