Cost Accounting: Theory & Practice

business enterprise operates in a dynamic environment which creates many new facets of management problems characterized by the presence of large scale production, research, expansion, product improvement and diversification, widening of the market and cut-throat competition, leaving narrow margin for profit. The importance of cost accounting has risen due to this competitive environment. It is a significant aspect in the field of Commerce, Management and other important functional areas. This book covers all the advanced topics of cost accounting included in the syllabi of BCom, MCom, BBA, MBA and other similar professional courses of Indian Universities. Every chapter is well-equipped with solved problems as well as theoretical and numerical questions for better understanding of the graduate and postgraduate syllabi of Commerce and Management