Contents: Cost accounting: systems, objectives and essentials -- cost concepts: terminology and classification -- Cost concepts: Behaviour and segregation -- Direct material: procurement procedures and accounting issues -- Direct materials: Stock control techniques -- Direct labour: remuneration systems -- Direct labour: Turnover and accounting -- Overheads: Allocation and apportionment -- Overheads: absorption and recovery -- Overheads: treatment of special items -- Activity based costing: systems and procedures -- Costing methods: output costing, job costing and batch costing -- Contract costing: running contracts and contracts nearing completion -- Operating costing: application in service sector --Process costing: ascertaining of cost and profitability -- Process costing: equivalent units -- Joint products and by-products: ascertainment of cost and profitability; decisions on further processing -- Reconciliation of profit: cost accounts and financial accounts -- Cost book-keeping: non-integrated cost systems -- Break-even and cost-volume-profit analysis: in multi product and uncertainty situations -- Marginal costing technique: applications in decision making -- Budgeting: preparation of budgets and control of variances -- Standard costing: terminology, variance analysis and investigation -- Uniform costing and interfirm comparisons -- Cost audit and management audit -- Latest developments in cost accounting.