ATS Cost Accounting

“Cost Accounting refers to the classifying, recording and appropriate allocation of expenditure for the purpose of determining the costs of products or services. It also helps in the presentation of arranged data for control purposes and guidance to the management. Cost accounting deals with the production, selling and distribution costs. It involves the ascertainment of the cost of every job, order, product, process or service. Here, we shall discuss the various aspects of Cost Accounting”