Management Accounting PDF Book by ICMAI (Institute of Cost Accountants of India) free download and view online or offline.
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Cost calculation is seen as the technique and process of determining the cost of a particular thing. In the 1960s, the definition of cost calculation was changed to “the cost of science, industry, and cost control practices and the application and costing of cost-accounting policies, methods, and techniques. The profitability of a product or service.” It includes the presentation of information obtained from it for the purpose of making management decisions. It obviously uses the concept of higher costs and helps management make better business decisions by emphasizing the importance of calculating costs earned over time. Today, the scope of cost calculation has become so wide that it now refers to all kinds of data collection and provision that help executives meet organizational goals. Modern cost accounting is called management accounting because managers, who are the primary users of accounting information, increasingly use the data provided by the account, set goals, and manage business. This book covers the following topics: Cost Account Evolution, Cost Concepts and Cost Classification, Initial Cost, Labor Cost, Material Cost Management, Overhead Expenditure Opportunities and Objectives, Production and Administration Overhead, General Sales and Distribution Costs, Relation to Financial Accounting, Marginal Cost and decision making, budget control. If you are looking for the PDF copy of Management Accounting by ICMAI‘s book, you don’t need to search for it anymore because it is here. Management Accounting is a Business and Management ebook in the English language. The Institute of Cost Accountants of India published the first edition of this ebook. If you interested in reading this business and management ebook, quickly download a PDF copy from the below link. This book’s PDF File is only 1.55 MB.
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- Book Name: Management Accounting
- Book Author: ICMAI (Institute of Cost Accountants of India)
- Book Categories: Business and Management, Accounting
- Book Language: English
- Total Pages: 304 Pages
- File Format: PDF
- File Size: 1.55 MB
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