Cost Accounting: Theory and Practice - Softcover

Now in its 13th edition, this textbook continues to provide an in-depth and insightful analysis of the modern theories and practices of cost accounting. Primarily intended for postgraduate and undergraduate students of commerce and management, the book will be of benefit to students pursuing professional courses offered by the Institute of Chartered Accountants of India (ICAI), the Institute of Cost Accountants of India (ICAI), the Institute of Company Secretaries of India (ICSI), and those pursuing the Chartered Financial Analyst (CFA) course. The book has been thoroughly revised meeting the latest syllabus requirement of various courses. A new chapter on "Strategic Cost Management" has been included. Many chapters have been overhauled and updated, in particular the chapters covering basic concepts and terms, classification of costs and cost sheet, activity based costing, marginal costing, relevant cost analysis and management decisions, capital budgeting decisions, and cost audit. The book also includes terminology published by CIMA, the cost standards recommended by ICAI, and an array of illustrations, worked-out examples, MCQs and practice exercises.

Bhabatosh Banerjee, Ph.D., is former Professor, Department of Commerce and Dean, Faculty of Commerce, Social Welfare and Business Management, University of Calcutta. Currently he is Visiting Professor at Indian Institute of Management Calcutta. He has more than four decades of teaching experience at the postgraduate level. He worked as a Visiting Professor of Accounting in two reputed universities (both private and State) in the USA during 1995-1997. He is the Editor of Indian Accounting Review and President of Indian Accounting Association (IAA) Research Foundation. Dr. Banerjee has authored several books, including Financial Policy and Management Accounting, 8th edition and Fundamentals of Financial Management, both published by PHI Learning.