COST ACCOUNTING
Course Objectives:
The course is designed to impart knowledge about record maintain specially in
manufacturing field and provide cost data to the Management for prompt decision
making
Course content:
 The nature of cost accounting
 Scope and importance of cost accounting
 Preparation of income statement and balance sheet
 The concept of cost
 Classification of cost
 The cost accounting system
 Cost accounting cycle
 The factory ledger and general ledger
 Job orders costing and process costing including the preparation cost of
production report and the treatment of beginning inventory
 By-products and joint products
 Methods of allocation of joint cost
Recommended book:
 Matz, Adolph and Usry, Milton F, cost accounting planning and control,
Chicago, South-western publishing co
 Jain, S.F. and
Narang, K.L., practical problem in cost Accounting,
New Delhi, Kalyani publishers.