Excerpt for Cost Accounting & Management Essentials You Always Wanted To Know by Vibrant Publishers, available in its entirety at Smashwords

Cost Accounting and Management

Essentials You Always Wanted To Know

Self-Learning Management Series

By Kalpesh Ashar




Smashwords Edition © 2011, By Kalpesh Ashar

Published By: http://www.vibrantpublishers.com


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About the Author



Kalpesh Ashar, a management consultant and corporate trainer holds an M.B.A. (Dean's Award Winner) from S.P. Jain Institute of Management & Research, one of Asia’s top B-Schools, and an Engineering degree with Honours in Electronics. He has over 13 years of experience in large corporations and start-ups in Asia, U.S.A and Europe.

Kalpesh has worked in the capacity of Senior Manager and Program Manager and is passionate about writing on management subjects. While mentoring managers and management students, he realized the need for a series of management books based on quick self-learning. He has authored 10 titles in this series that gives a jump start to managers in understanding all aspects of a business. His technology background gives him a good understanding of the management learning needs of non-M.B.A. graduates. Accordingly, he has authored the titles in this series in a simple to understand manner.

Kalpesh conducts corporate trainings in management subjects and also works as a management consultant for growing companies. He is also affiliated with top business schools in India as a visiting faculty. He is well known as a great mentor in the companies he has worked in and has also received “Best Manager” award.




Other titles in Self-Learning Management Series



Marketing Management Essentials

Financial Management Essentials

Financial Accounting Essentials

Organisational Behavior Essentials

Enterpreneurship Essentials

Cost Accounting & Management Essentials

Business Strategies Essentials

Supply Chain Management Essentials

Principles of Management Essentials

Consumer Buyer Behavior Essentials


For updated list visit http://www.vibrantpublishers.com




Table of Contents



Chapter 1. Introduction

Cost Accounting Terms

Using a Costing System

Solved Examples

Practice Exercises


Chapter 2. Cost-Volume-Profit (CVP) Analysis

Contribution Income Statement

CVP Analysis

Breakeven Point & Target Income

CVP Analysis for Decision Making

Sensitivity Analysis

Solved Examples

Practice Exercises


Chapter 3. Decision Making using Relevant Information

One-Time-Only Special Orders

Make-or-Buy Decisions

Outsourcing and Opportunity Costs

Product-Mix Decisions with Capacity Constraints

Solved Examples

Practice Exercises


Chapter 4. Activity Based Costing

Broad Averaging

Activity Based Costing System

Customer Profitability

Solved Examples

Practice Exercises


Chapter 5. Support Department Cost Allocation

Need for Cost Allocation

Cost Allocation Basis

Allocating Costs of One Support Department

Allocating Costs of Multiple Support Departments

Solved Examples

Practice Exercises


Chapter 6. Cost Control

Direct Variances


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