B.Com Cost Accounting

1. COST ACCOUNTING
II B.COM G & H
D.RENGARAJ
ASSISTANT PROFESSOR OF COMMERCE

5. 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.

6. Types of Cost Accounting
Standard Costing
Activity-Based Costing
Lean Accounting
Marginal Costing

7. Cost accounting objectives of cost accounting scope of cost accounting advantages of cost
accounting limitation of cost accounting cost accounting vs financial accounting cost concepts
classification of cost essentials of good costing system installation of costing system preparation
of cost sheet element of costing purpose of cost sheet cost sheet and production account specimen
of cost sheet treatment of stock stocks of raw materials and finished goods specimen of cost
sheet with inventories Tenders quotations .