Practical Guide to Cost and Management Accounting and Auditing

This book is addressed primarily to :
Students of all three Professional Institutes namely- Cost and Management Accountants, Chartered Accountants and Company Secretaries.
Members of ICAI- CMA, ICAI and ICSI Both in Employment and in Practise
Corporate Executives
Industrial Engineers
Energy Auditors
This book is divided into nine parts :
Application of Cost Accounting Principles to Ascertain Various Cost Elements
Application of Cost Accounting Principles to Allocate, Apportion and Absorb Various Cost
Elements
Importance of Proper Allocation, Apportionment, and Absorption of Various Cost Elements
Check List to Build Up Cost Sheets
Under Standing Cost Sheets
Operating Budgets
MIS Reports to Monitor, Control & Reduce Various Cost Elements
Inventory Management and Control
Check List to Audit Various Cost Elements

The contents of the book will indicate to the reader where to look for the topic that is bothering him the most. The needs, priorities and experiences of the various users of the book are not likely to be identical. Some may find chapter on MIS Reports useful whereas some others Check List of Audit more useful.

The Formats included in the book are suggestive which are result of author's industrial experience of more than 30 years. The Users of the book may modify their design and contents to suit their specific requirements.

This book will be a welcome addition to the literature in cost and management accounting and auditing and will make significant contribution as a discipline like any branch of management. I am certain that this book will be found useful not only to the both CMAs in Employment and CMAs in practice but also to other professionals like CA/ CS and managers dealing with accounting and costing.

Dettagli