"Ravi M. Kishore, Ravi M. Kishore obtained Master of Commerce degree in Sri Venkateswara University Tirupati and obtained Bachelor of Laws degree from Nagarjuna University, Guntur. He is an Associate Member of the Institute of Costs and Works Accountants of India, Kolkata and a Fellow Member of the Institute of Company Secretaries of India, New Delhi. He obtained Post Graduate Diploma in Personal Management From Annamalai University. He has also completed ISO 9000 Quality Management Systems Auditor/Lead Auditor course conducted by Lloyds Register Quality Assurance, London. He has worked in medium and large manufacturing concerns for over 15 years in senior level management positions handling finance, accounting, and secretarial functions. Presently he is practising as a Management Consultant offering specialist services to the Corporate sector.He is associated with the academic field over the past ten years and has authored several text books for professional and academic courses on financial accounting, cost accounting, management accounting and financial management subjects."
<p>"Cost & Management Accounting has been designed to discuss the fundamental concepts and principles of cost & management accounting.This book aims to fulfil the requirement of students of undergraduate & postgraduate courses in commerce and management, particularly the B.Com., BBA, M.Com., MBA, CA Inter, CMA Inter, Company Secretary and other Central Universities courses throughout India.</p><p>The Present Publication is the 6th Reprint Edition, authored by Ravi M. Kishore, with the following noteworthy features:[Simple, Systematic & Comprehensive Explanation] The subject matter is presented in a simple, systematic method along with a comprehensive explanation of the concept and theories underlying cost & management accounting. [Illustrations & Diagrams] are used throughout this book to explain the concepts to achieve a thorough understanding.[Student-Oriented Book] This book has been developed, keeping in mind the following factors:Interaction of the author/teacher with their students in the classroom, Shaped by the author/teachers experience of teaching the subject-matter at different levels.</p><p>Reaction and responses of students have also been incorporated at different places in the book, Practical Problems along with Solutions] have been added at the end of each chapter, [Latest Developments in Cost Audit] are covered in the book, [Chapter-wise PowerPoint Presentation] are covered in the CD that comes along with this book, to help the students & faculty.[Students & Teachers Manual] is given in the CD, which consists of the following: Chapter-wise summary & keywords, Short answer questions, true/false statements, choose the correct word, etc.</p><p>The structure of this book is as follows:Synopsis, Main Body (Contents), Points to Remember, Object Type Questions (True/False), Theoretical Review Questions, Practical Problems with Solutions.</p><p>Contents of this book are as follows:Overview of Cost and Management Accounting, Cost Clarification and Cost Behaviour, Direct Material: Procurement Procedures, Direct Material: Inventory Control, Direct Labour: Remuneration Methods, Direct Labour: Accounting and Control, Overheads: Allocation and Appointment, Overheads: Absorption and Accounting, Special Items of Cost: Treatment, Accounting and Control, Activity-Based Cost Systems, Financial and Cost Accounts: Reconciliation, Integration of Cost and Financial Accounts, Output Costing and Cost Sheet Preparation, Job Costing, Batch Costing and Economic Batch Production, Contract Costing, Process Costing and Operation Costing, Process Costing: Equivalent Units, Service Costing, Profitability of Joint Products and By-Products, Uniform Costing and Interfirm Comparisons, Cost Audit and Management Audit, Marginal Costing, Break-even and CVP Analysis, Budgeting and Budgetary Control, Standard Costing and Variance Analysis, Financial Statement and Ratio Analysis, Funds Flow Analysis, Cash Flow Analysis, Capital Budgeting Methods."</p>