Contents

1. Introduction

1.1 General introduction to costing

1.2 Meaning of cost – expense

1.3 Objectives of cost accounting

1.4 Cost accounting and its limitations

2. Elements of Costs

2.1 Introduction

2.2 Elements of cost

3. Methods of Costing

3.1 Methods of costing

3.2 Job costing

3.3 Contract costing

3.4 Important concepts in contract costing

3.5 Process costing

3.6 Operating

4. Budget and Budgetory Control

4.1 Budget and bugetory control

4.2 Standard costing

4.3 Marginal costing

4.4 The break even point

5. Reconcilation of Cost and Financial Accounting

5.1 Reconciliation of cost and financial accounting

Available Solved Question Papers – April 2012