Recomended books for Cost accounting

[madeeha]

tell me about books for cost accounting other than matz & usry, PAC or study text. Is colin drury a good book for c.a? And what about AT foulks lynch? Any other books besides these would be welcome.

[zafar]

I think these are more than enough.

[sadaf4ahsan]

Collin Drurrry
TC Lucey
use Study text as a checklist only and BPP is never been a good choice
so use AT foulks&Lynch

[kamranACA]

I think if you are in module F, then you will have to study more than one book for different topics.

I used

Matz and Usery for Joint/by-product costing and CVP analysis (breakeven analysis).

BPP for budgeting, decision making, learning curve, ABC costing, networking (critical path analysis), ratios, and some thing about standard costing. I also consulted AT Foulks Lynch for some of these topics along with some theoratical topics.

I studied Collin Drury for process costing and job order costing. For these topics I strongly recommend this book. Further, quantitative methods, decision making, standard costing (specially yield,material and capacity variances etc) this books is also best.

I may stress that in module F, one must study different books and in some cases consult same topic from different books at the same time.

In BDF and Managemet accounting, concept clearance is extremely desired for which practice is the only solution.

Regards,

Kamran.

[Muhammad Adnan Arshad]

Module-D D10-COST ACCOUNTING (CAC)

Recommended Books for Cost Accounting by ICAP Click below
http//www.icap.org.pk/Education/Recommended%20reading_2006_.pdf

Generally Referenced/Study Material

0 - | For American/USA Approach
Cost Accounting by Matz & Usry, Collin Drury;

0 - | For British/UK Approach
Costing by Emile Woolf, PBP-CA Study Text, T Lucey; &

0 - | For Pakistani/Mixed Approach
Cost Accounting Past Examination Papers by IPC/PAC, Lahore.

What to study from which book?

Book Name & Author
1. Cost Accounting, Planning and Control by "MATZ & USRY"
About the Book
The book covers almost all the parts of the syllabus and ensures concept building by giving examples on related topics especially good for 'basic cost accountancy concepts; accounting for materials, labour & factory overheads (FOHs); variances analysis and process costing and joint & by-products costing'.

Book Name & Author
2. Management and Cost Accounting by "COLLIN DRURY"
About the Book
The book covers almost all the parts of the syllabus and ensures concept building by giving a variety of questions for each topic. But try to attempt from this book the basic/foundation & intermediate level questions at this level. Advanced level questions are specifically focussed on 'Management Accounting' paper for Module-F.

Book Name & Author
3. Cost Accounting by "T. LUCEY"
About the Book
It is a very useful book especially for theoretical aspects of 'costing'.

SUPPLEMENTARY STUDY MATERIAL

1. Cost Accounting Study Text and Revision Series by A T Foulks Lynch (ATFL) Pakistan.

2. Cost Accounting Study Text and Revision Series by Professional Business Publications (PBP) Pakistan. (basic accounting concepts; process accounts - british approach)