Compare cost accounting with financial accounting. Compare cost accounting and management accounting? Define the term ‗cost‘. Compare it with ―Value‖ and ―Price‖? What are the advantages/ objectives of a cost accounting system. Discuss the role of the cost accountant in a manufacturing organisation How are costs classified? Give different classifications of overheads. Write short notes on explicit and implicit… Read moreBasic Concept of Cost Accounting

REVENUE RECOGNITION (AS  – 9)   gross inflow of consideration arising in the course of ordinary activities, such as:     a.  Sale of goods.   b.  Rendering the services. c.  Use of the enterprises resources by others giving interest, dividend and royalties.   2.  RfeargovloeoemdnosufS:e   a.  Revenue  is recognised: i.    When sale is completed. (Refer to next… Read moreRevenue Recognition AS 9

Company Auditor   Note on Company auditorFor CA group 2 exam