Essentials of Financial Accounting, Asish K. Bhattacharyya

Cost Accounting & Management Essentials You Always Wanted To Know covers Cost Accounting concepts and application to real-life business decisions. It explains the concepts in a concise and easy-to-understand manner for business professionals. This book includes Cost Accounting FUNDAMENTALS, SOLVED Exercises, Important CONCEPTS & PRINCIPLES and Ample PRACTICE Exercises.

The book is divided into separate chapters, each dedicated to a single concept in Cost Accounting & Management. The flow is such that it builds the reader's understanding in stages. At the end of each chapter there are ample solved examples that help apply the concepts learnt in the chapter. This is followed by Practice Exercises that give an opportunity to the reader to apply the learnings from the chapter.

This Self Learning Management Series intends to give a jump start to working professionals, whose job roles demand to have the knowledge imparted in a B-school but haven't got a chance to visit one. This series is designed to address every aspect of business from HR to Finance to Marketing to Operations, be it any industry. Each book includes basic fundamentals, important concepts, standard and well-known principles as well as practical ways of application of the subject matter. The distinctiveness of the series lies in that all the relevant information is bundled in a compact form that is very easy to interpret.

The topics covered are:

a) Cost Accounting Fundamentals

b) Balancing of the 3 factors - Cost, Volume & Profit

c) Concept of Relevant Information and Decision Making

d) Activity Based Costing

e) Cost Allocation Techniques

f) Cost Variances and Control

The reader gains the following competence after reading this book:

a) Understanding of the standard Cost Accounting Terms

b) Applying cost accounting concepts to real-life business scenarios

c) Using relevant cost accounting information to take business decisions

• Understanding of Financial Accounting Terms
• Need, nature and purpose of Financial Statements
• Audience of Financial Statements
• Balance Sheet
• Income Statement
• Statement of Cash Flows

The book is divided into separate chapters, each dedicated to a single concept in Financial Accounting. The flow is such that it builds the reader's understanding in stages. At the end of each chapter there are ample solved examples that help apply the concepts learnt in the chapter. This is followed by Practice Exercises that give an opportunity to the reader to apply the learnings from the chapter.

The reader gains the following competence after reading this book:

a) Understanding of individual items in Financial Statements

b) Reading and understanding Balance Sheet, Income Statement and Statement of Cash Flows

c) Preparing Balance Sheet, Income Statement and Statement of Cash Flows

This Self Learning Management Series intends to give a jump start to working professionals, whose job roles demand to have the knowledge imparted in a B-school but haven't got a chance to visit one. This series is designed to address every aspect of business from HR to Finance to Marketing to Operations, be it any industry. Each book includes basic fundamentals, important concepts, standard and well-known principles as well as practical ways of application of the subject matter. The distinctiveness of the series lies in that all the relevant information is bundled in a compact form that is very easy to interpret.