Cost Audit

We have utmost pleasure in placing this standard Text Book on Cost Audit to the post graduate students and practitioners of this subject. This book is designed strictly as per the revised syllabus of M.Com. Part II: Semester III of Savitribai Phule Pune University from June, 2014. The important purpose in introducing this Special Paper V - Advanced Cost Accounting and Cost System is to create awareness among the students community regarding Cost Audit. It gives equal importance to the theoretical aspect as well as to the numerical problems.

We have tried professionally to provide a comprehensive and sound conceptual base of the theoretical framework in a simplified manner. Clarity of expression and precision have been our major guide posts. The meaning and definitions of various technical terms are greatly simplified and thoroughly described in a logical manner. The recent and emerging concepts used in the competitive cost environment have also been given due place in the text. The graphical presentations made through drawing of various charts, diagrams, graphs, tables, figures etc. will be the most important key feature of this book. You will definitely appreciate the simple method of solving number of numerical problems on cost audit, its moderate way of presentations to the management for planning, decision-making and control purposes. This book introduces the students with the Cost Audit Principles and Practices, the changing Role of Cost Auditor, Cost Audit-Planning and Execution, Cost Audit Report, Cost Accounting Record Rules, Cost Audit Rules and Numerical Problems on Cost Audit too. At a glance, incorporating glossary, objective questions and bibliography, given at the end of the text book is for the guidance and benefit of the entire students community.

1. Introduction

2. Cost Auditor

3. Cost Audit - Planning and Execution

4. Cost Audit Report

5. Numerical Problems on Cost Audit

Appendices

Bibliography