This text uses the annual reports of real companies to illustrate many of the accounting concepts. This book covers the following topics: What Is Managerial Accounting, Job Costing Used to Track Production Costs, Process Costing Used to Track Production Costs, Cost Volume Profit Analysis Used for Decision Making, Capital Budgeting Used to Make Decisions.Īuthor(s): Kurt Heisinger, Sierra College, Joe Hoyle, University of Richmond This book is aimed squarely at the new learning styles evident with today’s students and addresses accounting industry changes as well. This book covers the following topics: Evolution of Cost Accounting, Cost Concepts and Cost Classification, Prime Cost, Labour Cost, Materials Cost Management, Scope and objectives of Overhead, Production Overhead and Administration, Selling and Distribution Overhead, Relationship with financial accounts, Marginal Costing and Decision Making, Budgetary Control.Īuthor(s): Institute of Cost and Works Accountants of India Topics covered includes: Cost systems, Using accounting for quality and cost management, Cost-volume-profit analysis, Short-term decision making: Differential analysis, Budgeting for planning and control, Control through standard costs, Responsibility accounting: Segmental analysis, Capital budgeting.Īuthor(s): Hermanson, Edwards, and Ivancevich This comprehensive college-level publication covers all managerial accounting topics and contains extensive and detailed examples, self-tests, questions, problems, alternate problems, and answers. This lecture note covers the following topics: Accounting for Partnership, Accounting for Corporations, Presenting the contribution as a Group of Assets, allocation of Profits and Losses, Admission and Withdrawal of a partner, The Liquidation of the partnership, Stockholders Equity in Corporations.Īuthor(s): Arab Academy for Science, Technology and Maritime Transport Topics covered includes: Costing and Cost Accounting, Cost classification, Labour, Importance of Labour Cost Control, Time Wage System, Methods of Costing, Contract Costing, Cost Control Techniques. This note covers the following topics: Introduction to Accounting, Capital and Revenue, Classification of Income, Receipts and Expenditure, Hire Purchase and Installament System, Departmental Accounts, Accounting for Hotels.Ĭost Accounting is a branch of accounting and has been developed due to limitations of financial accounting. The aim of this note is to introduce you to basic principles of accounting and to understand how financial documents are posted into accounting record in order to determine the profit or loss of an organisation.Īuthor(s): National Open University of Nigeria This note consists basically of the treatment of accounting transactions according to the provisions of relevant accounting standards. This note covers the following topics: Auditing, Advantages or Necessity of auditing, Types of audit, Vouching, Characteristics of Vouching, Special Features in respect of Audit of Co-operative Societies, Banks, Company Auditor. This note is a framework for understanding financial, managerial, and tax reports. Explain real and nominal accounts with examples./ Business and Finance Books / Accounting Books /.How many types of business transactions are there in accounting?.Some of the Financial Accounting questions and answers are mentioned below with financial accounting question paper pdf Of Cost Sheet – Standard Costing – Variance Analysis – Material Variances – Labour Variances – Simple Problems Related to Material And Labour Variances Only.įinancial Accounting Notes PDF Financial Accounting PDFįinancial Accounting Notes What is Financial Accounting?įinancial Accounting Definition: Financial accounting is the process of preparing financial statements that companies’ use to show their financial performance and position to people outside the company, including investors, creditors, suppliers, and customers. Importance – Break-Even Analysis – Cost Volume Profit Relationship – Application of Marginal Costing Techniques, Fixing Selling Price, Make or Buy, Accepting a Foreign Order, Deciding Sales Mix.Ĭost Accounting – Elements of Cost – Types of Costs – Preparation Marginal Costing – Marginal Cost and Marginal Costing –