Book Details

About the Book The field of cost and works accounting has undergone significant changes in recent years, driven by advances in technology, globalization, and the increasing complexity of business operations. In response to these changes, the present edition of "Cost and Works Accounting" has been thoroughly revised and updated to provide students with a comprehensive and systematic study of cost accounting principles and practices, with a focus on works accounting. The primary objective of this book is to provide a clear and concise exposition of the fundamental principles and techniques of cost and works accounting, and to illustrate their application in a variety of business contexts. The book is designed to meet the needs of students pursuing various professional courses, including chartered accountancy, cost and management accountancy, and company secretary ship. This edition includes new chapters on emerging topics such as activity-based costing, target costing, and kaizen costing. The book also includes numerous examples, illustrations, and exercises to help students understand and apply the concepts and techniques discussed in the book Throughout the book, we have emphasized the importance of cost accounting in decision-making, and have provided students with the tools and techniques necessary to analyze and interpret cost data. We have also highlighted the role of cost accounting in promoting efficiency, productivity, and profitability in business organizations. We hope that this book will prove to be a valuable resource for students and practitioners of cost and works accounting, and will contribute to the development of a new generation of accounting professionals who are equipped to meet the challenges of a rapidly changing business environment.