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......................................................................................................................... Contents Part-I Cost Accounting 1. Nature and Scope of Cost Accounting 2. Cost Analysis, Concepts and Classifications 3. Material Control 4. Materials : Purchase and Stores Control 5. Methods of Valuing Material Issues or Materials Costing 6. Material Losses 7. Labour Cost-Computation and Control 8. Remuneration and Incentives 9. Overhead-Classification, Apportionment and Absorption 10. Activity Based Costing (ABC) 11. Accounting and Control of Overheads 12. Cost Ledger Accounting 13. Reconciliation of Cost and Financial Accounts 14. Integral (or Integrated) Accounting 15. Job, Batch and Contract Costing 16. Unit or Output Costing 17. Operating (or Service) Costing 18. Process Costing 19. Joint Products and By-Products Costing 20. Uniform Costing and Inter-firm Comparison 21. Cost Control and Cost Reduction 22. Value Added Concept 23. Cost Audit, Cost Accounting Record and Cost Audit (Report) Rules Part-II Management Accounting 1. Nature and Scope of Management Accounting 2. Financial Statements 3. Inventory Valuation 4. Depreciation Policy 5. Accounting for Price Level Changes 6. Analysis of Financial Statements 7. Ratio Analysis 8. Funds Flow Statement 9. Cash Flow Statement 10. Absorption Costing and Marginal Costing 11. Applications of Marginal Costing and Differential Cost 12. Budgetary Control 13. Standard Costing and Variance Analysis 14. Capital Budgeting Decisions 15. Human resources Accounting 16. Responsibility Accounting and Transfer Pricing 17. Information System and Reporting to Management 18. Performance Evaluation Appendix – I Containing Objective Type Questions Appendix – Containing Latest Examination Questions with Solution or Brief answers ......................................................................................................................... Author Details S.P. Jain – Department of Commerce Shaheed Singh College, (university of Delhi), Sheikh, Sarai, Phase II K.L. Narang - Formerly Head, Department of Commerce, Government College, Chandigarh & Principal, Government College, Kapurthala (Panjab) .........................................................................................................................