Besides, many chapters have been overhauled and updated, especially the chapters covering basic concepts and terms, classification of costs and cost sheet, activity based costing, marginal costing, relevant cost analysis and management decisions, capital budgeting decisions, and cost audit.
The book also includes some of the cost standards set by ICAI, a wide array of illustrations, worked-out examples, and practice exercises. Besides, a large number of MCQs are given online for the students to practice and self evaluation. MCQs are critical in proper understanding and practice of theories and concepts. Also, CIMA Official Terminology is provided online to keep students and professionals abreast of relevant terms used in today's business environment. For online material, visit https://www.phindia.com/banerjee_cost_ accounting_theory.
TARGET AUDIENCE
• B.Com (Hons.)/BBA
• MBA/M.Com
• Students pursuing professional courses to become CA, CMA, CFA, CS.
BHABATOSH BANERJEE, M.Com., Ph.D., FCMA, is former Professor of Commerce, and Dean of Commerce, Social Welfare and Business Management, University of Calcutta. He has 42 years' experience of teaching and research at the postgraduate level including two years in the USA (1995–1997) as a Visiting Professor of Accountancy in Rutgers University, New Brunswick, N.J., New Jersey Institute of Technology, and DePaul University, Chicago, USA. Also, he has been a Guest Faculty at the Indian Institute of Management (IIM) Calcutta during 2009–2014. Earlier, Dr. Banerjee worked as a Director of Research (1984–1985) at the Institute of Cost Accountants of India.
Recipient of International Educator Award (2006) from Indian Accounting Association (IAA), International Dedicated Service Award (2011) from IAAER, Eminent Teacher Award (2013) from Calcutta University, Outstanding Researcher Award (2018) from IAA Research Foundation, Dr. Banerjee attended 42 International Conferences abroad and offered seminar to 35 foreign universities. Apart from publishing over 100 articles in several reputed journals in India and abroad, he also published several research books (including two UGC major research projects) on education, accounting, and environmental management (Accounting Education in India, Regulation of Corporate Accounting and Corporate Environmental Management) which brought international appreciation.