A managerial emphasis reflects this new movement in cost accounting and expands on it by including the different costs for different purposes theme throughout the text. This comprehensive textbook covers the syllabus of B.Com, BA, BCS, BCA, M.Com, MBA, MCS, MCA, PGDBM, PGDFM, PGDM, and professional courses like CA, ICWA and ACS at intermediate levels. Studying cost accounting is one of the best business decisions a student can make. Why? Because success in any business, from the smallest corner store to the largest multinational corporation, requires the use of cost accounting principles and practices. Cost accounting provides key data to managers for planning and controlling, as well as for costing products, services, and customers. The book through 'Cost accounting' defines the cost accounting market and continues to innovate today by consistently integrating the current practices and theories. The book broadly includes: Numerous illustrations and exercises taking into consideration the syllabi of various universities. Objective-type questions and short answer theory and numerical problems. Questions asked in various universities and professional examinations. Diagrams and charts wherever required to make the subject as appropriate as possible. It contains: 22 chapters divided into five parts. Topics are arranged in a logical order and the theory is dealt with in a simple style to make it student-friendly and self-understanding.