CA Inter Costing by CA D. G. SHARMA (Cost and Management Accounting)

Cost and Management Accounting by CA D. G. Sharma, Cost Accounting is the process of accounting for cost classification and analysis of expenditure. This helps in accurately ascertaining the total cost of any unit of production. Management Accounting involves effective planning for choosing among alternative business actions through the evaluation and interpretation of business performances. Paper 3 of CA Intermediate helps to develop an understanding of the basic concepts and the ways to establish the cost associated with the production of products and services and apply the same to determine prices, ascertainment of cost and cost accounting system, the various methods of costing. It also aids the aspirants in acquiring the ability to apply information for planning, control and decision making. Thus, the paper familiarizes students with various cost control standards and methods to analyze them.

CA D. G. SHARMA

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