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Presenting the First edition of Cost and Management Accounting, written primarily for the students of PG courses and other professional courses will find it equally useful. The text and related matters have been written lucidly and systematically, in a simple and easily understandable language with sufficient input from real business situation and illustrations and exercises to help the students grasp the concept quickly and easily. The book has been organized in fourth modules such as Introduction to Management Accounting, Cost Concepts and Classification, Absorption / Unit Costing, Activity Based Costing, Process Costing, Marginal Costing, Pricing Decision, Budgetary Control, Standard Costing and Variance Analysis and Contemporary Costing and Management Accounting Methods, including the variety of methods and techniques used in decision making. The subject matter has been presented in a systematic manner with liberal use of charts and diagrams whereever necessary so as to make it interesting and sustain students' interest. Contents - Module 1 - Introduction to Management Accounting & Cost Concepts and Classification Module 2 - Costing Methods Module 3 - Management Applications Module 4 - Planning, Control and Decision Making & Contemporary Costing and Management Accounting Methods