Last Updated on5 min read
Download Cost Accounting Notes PDF for BBA, BCOM 2020. We provide complete cost accounting notes. Cost Accounting study material includes cost accounting notes, cost accounting book, courses, case study, syllabus, question paper, MCQ, questions and answers and available in cost accounting pdf form.
Table of Contents
Cost Accounting Syllabus
Nature and Scope of Cost accounting: meaning, importance & limitations of cost accounting, Costing- An Aid to management, distinction between Cost and Financial accounting, Costing system- characteristics of an ideal costing system, steps for installation, difficulties while installation and how to overcome these difficulties, role of cost accountant.
Cost: Analysis, Concepts, Cost Classification, cost sheet and One unit costing.
Material Control: techniques of material control i.e. Level Setting, Economic Order Quantity, JIT Inventory System, ABC Analysis, VED Analysis, Perpetual Inventory System and FNSD Analysis. Material Purchase and Storage.
Methods of valuing Material Issues: Cost Price Methods- FIFO, LIFO, Average Cost, Inflated Price, Specific Price, Base Stock and HIFO. Market Price Method- Replacement Price, Realisable Value. Standard Price Methods- Current Standard Price and Base Standard Price.
Labour Cost: meaning, labour turnover, Job Analysis, Job Evaluation, Merit Rating, Time Keeping, Idle Time and Overtime.
Remuneration and Incentives: methods of wage payment and incentives plan- Time Wage System, Piece Rate System, Taylor’s Differential Piece Rate System, Merrick’s Multiple Piece Rate System, Gant’s Task and Bonus Plan, Halsey Premium Plan and Rowan Plan.
Overhead: Classifications, Overhead Accounting- allocation, apportionment, re-apportionment and absorption of Overheads. Job, Batch & Contract costing.
Process Costing: features, application of process costing, process losses-normal loss, abnormal loss and abnormal gain, inter-process profits and evaluation of different processes through practical problems.
Equivalent production in Process Costing: meaning, calculation of Equivalent production and evaluation of Equivalent production through practical problems, Joint Product and By- Product Costing.
Cost Accounting PDF
|Cost Accounting Notes||(How to download)|
|Cost Accounting Notes||Go to Download|
|Cost Accounting Book||Download|
|Cost Accounting Question Paper||Download|
|Cost Accounting Syllabus||Download|
Cost Accounting Notes
What is Cost Accounting?
Cost accounting is a form of managerial accounting that aims to capture a company’s total cost of production by assessing the variable costs of each step of production as well as fixed costs, such as a lease expense.
Cost Accounting Question and Answer
- Briefly explain the concept and scope of cost accounting. Differentiate between: a) Cost and Financial Accounting. b) Cost and Management Accounting.
- Explain material control. Describe any two basic problems which arise in connection with material control system.
- Define Overheads and write short notes on Allocation, Apportionment and Absorption of Overheads.
- Explain Contract Costing, Marginal Costing and Standard Costing.
- Explain the concept of Budget and differentiate between Fixed and Flexible Budgets.
Cost Accounting Question Paper
Cost Accounting Books
Below is the list of cost accounting book recommended by the top university in India.
- Cost Accounting – Theory and Problems, Maheshwari, S.N and Mittal, S. N. (2009)
- Cost Accounting, Rajasekaran, (2010), 1st ed, Pearson Education.
- Cost Accounting Principles and Practice, Jain, I. C & Nigam, B.M.L
- Cost Accounting Text and Problems by M. C. Shukla, T. S .Grewal and M. P. Gupta – S Chand
Below is the top cost accounting book that can be bought from Amazon.
Cost Accounting – Theory & Problems
- Author: Dr. S.N. Maheshwari, Dr. S.N. Mittal
- Publisher: Mahavir Publications; 26th Ed.
- Amazon Bestsellers Rank: #23 in Cost Accounting.
Cost Accounting: Principles and Practice
- Publisher: Pearson; 1 ed.
- Author: B.M Lall, Nigam
- Amazon Bestsellers Rank: #60 in Cost Accounting #46 in Managerial
- Customer Rating: 4.2 out of 5
Cost Accounting: Texts and Problems
- Publisher: S Chand & Company
- Author: Shukla M.C, Grewal T.S, Gupta M.P
- Amazon Bestsellers Rank: #11 in Cost Accounting #6 in Managerial
- Customer Rating: 4.2 out of 5
MBA Study Material – Download ✅  PDF
Download MBA Study Material ✅ PDF, Book, Syllabus (Download MBA Study Material)
BBA & BCOM Study Material – Download ✅  PDF
Download BBA – BCOM Study Material ✅ PDF, Book, Syllabus (Download BBA & BCOM Study Material)
Managerial Economics Notes Download ✅  PDF
Managerial Economics Notes | PDF, Books, Paper, Syllabus | MBA 2020
(Download Managerial Economics Notes)
Cost Accounting Notes ✅  PDF
Cost Accounting Notes | PDF, Syllabus, Book | BBA, BCOM 2020
(Download Cost Accounting Notes)
Strategic Management Notes Download ✅  PDF
Strategic Management Notes | PDF, Books, Paper, Syllabus | MBA 2020
(Download Strategic Management Notes)
Business Law Notes Download ✅  PDF
Business Law Notes | PDF, Books, Syllabus | MBA, BBA, B COM 2020
(Download Business Law Notes)
Organisational Behaviour Notes Download ✅  PDF
Organisational Behaviour Notes PDF | MBA, BBA, BCOM 2020
(Download Organisational Behaviour Notes)
Production and Operations Management Notes Download ✅  PDF
Production and Operations Management Notes PDF | MBA 2020
(Download Production and Operations Management Notes)
Total Quality Management Notes Download ✅  PDF
Total Quality Management PDF | Notes, Paper | MBA 2020
(Download Total Quality Management PDF)
Brand Management Notes Download ✅  PDF
Brand Management Notes PDF | MBA 2020
(Download Brand Management Notes)
International Marketing Notes Download ✅  PDF
International Marketing Notes PDF | Syllabus, Book MBA 2020
(Download International Marketing Notes)
Management Information System Notes ✅  PDF
Management Information System Notes PDF | MBA 2020
(Download Management Information System Notes)
Training and Development in HRM Notes ✅  PDF
Training and Development in HRM Notes PDF | MBA 2020
(Download Training and Development in HRM Notes)
Sales Management Notes Download ✅  PDF
Sales Management Notes | PDF, Book, Syllabus, Paper | MBA 2020
(Download Sales Management Notes)
Organisational Development and Change Notes ✅  PDF
Organisational Development and Change Notes PDF | MBA 2020
(Download Organisational Development and Change Notes)
Human Resource Management Notes ✅  PDF
Human Resource Management Notes | HRM PDF | MBA (Download Human Resource Management Notes)
Financial Accounting Notes ✅  PDF
Financial Accounting Notes PDF for MBA 2020 | Download
(Download Financial Accounting Notes)
Business Economics Notes ✅  PDF
Business Economics Notes | PDF, Paper, Books, Syllabus, | BBA, BCOM 2020
(Download Business Economics Notes)
Financial Accounting Notes ✅  PDF
Financial Accounting PDF Notes, Syllabus, Books BBA, BCOM 2020
(Download Financial Accounting PDF Notes)
Management Science Notes ✅  PDF
Management Science Notes | PDF, Syllabus, Book | MBA 2020
(Download Management Science Notes)
Marketing Management Notes ✅  PDF
Marketing Management Notes | PDF, Book, Syllabus | MBA (Download Marketing Management Notes)
Principles of Management Notes ✅ PDF
Principles of Management PDF | Notes, Books, Syllabus | BBA, B COM 2020
(Download Principles of Management PDF)
Operation Research Notes ✅ PDF
Operation Research Notes | PDF, Books, Syllabus | MBA, BBA, B COM 2020
(Download Operation Research Notes)
In the above article, a student can download cost accounting notes for b.com 1st year and cost accounting notes for bba 1st year. Cost Accounting study material includes cost accounting notes, cost accounting books, cost accounting syllabus, cost accounting question paper, cost accounting case study, cost accounting questions and answers, cost accounting courses in cost accounting pdf form.
Go On, Share & Help your Friend
Did we miss something in MBA Study Material? or You want something More? Come on! Tell us what you think about our post on Cost Accounting Notes | PDF, Syllabus, Book | BBA, BCOM 2020 Share this post with your friends.
Geektonight team is putting a well-researched article. Geektonight is a vision to provide free and easy education to anyone on the Internet who wants to learn and grow in their career. We are working towards bringing the entire study routine of students on the Internet.
Want’s to learn and grow online. Message Now