Cost accounting as a subject has assumed great importance in the corporate sector because of the keen competition among the manufacturers and growing business complexities. It has therefore, occupied a significant place in the present curricula of the most universities and professional institutions. This book is intended to serve as an introductory book for the students of commerce and management. The subject matter of this book has been logically arranged and the basic principles have been explained in an lucid manner so that the students can understand the subject without any difficulty. The book is comprehensive and even a student who has not studied the subject earlier can easily understand the concept and system of cost accounting. Features: -Focuses on fundamentals -Focuses on system -Student friendly presentation