Essentials of Cost Accounting - Softcover

Knowledge of the basic principles, concepts and methods of costing, i.e., ascertainment of cost of products and services is essential for all business and commerce graduates. It helps in planning and controlling of business operations and also in management decision-making, which knowledge in turn assists in profit maximisation for the business. This compact book is an attempt to provide the students with thorough understanding of the principles, concepts and methods of costing. 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. The book has been divided into seven chapters as per the syllabus of BBA. Based on the conviction that students can really learn costing by solving problems, the 'theory and problems' approach has been adopted to fully meet the needs of the students in this volume. Thus, apart from well organised theory, this book provides sufficient number of solved problems and illustrations and also unsolved problems with answers and hints, as well as objective type questions and select theory questions. This will help students to tackle examination questions with ease. Theory questions, practical problems and illustrations have been mostly selected from BBA, B.Com, CA, CS, ICWA and other relevant examinations. I am confident that with all these distinctive features, students and teachers will find the book extremely useful and rewarding. I invite them to send their constructive and helpful suggestions and also errors in the book, if any, at the address given below. These will be gratefully acknowledged and used for improvement of this book in future editions. I am grateful to the staff of Vikas Publishing House for their cooperation. Hans Raj College Delhi University M N Arora E-mail : aroramn59@yahoo.co.in