Cost & Management Accounting: Theory, Problems and Cases (7th Edition)

Cost & Management Accounting: Theory, Problems and Cases (7th Edition) is a well-established and authoritative textbook authored by Ravi M. Kishore and Paresh Shah, published by Taxmann. The book is designed to provide a thorough understanding of cost accounting and management accounting concepts through a balanced blend of theory, numerical illustrations, practical problems, and real-world case studies.The publication covers a wide range of topics including cost concepts, cost classification, material and labour costing, overhead allocation, job costing, process costing, standard costing, marginal costing, budgeting, variance analysis, responsibility accounting, performance measurement, and strategic decision-making. Its structured presentation enables readers to understand both the conceptual and practical aspects of cost management.A key feature of the book is its extensive collection of solved and unsolved problems, along with case studies that help readers apply accounting principles in business scenarios. The content is aligned with the requirements of university curricula and professional examinations, making it highly useful for students preparing for CA, CMA, CS, B.Com., MBA, and other commerce-related courses.An indispensable academic and professional resource, this edition equips readers with the analytical skills required for effective cost control, managerial planning, and informed business decision-making.