ADC-II: Cost Accounting

Revised paper of ADC Part – II – Cost Accounting (as per University of Karachi) includes the following chapters:

Cost Accounting Concepts and Cost Classification, Accounting for Manufacturing Concern, Job Order Costing, Standard Costing, Process Costing, Material – Inventory System, Material Losses, Labour Costing, Departmentalization of Overheads, Overhead Costing, General Ledger & Factory Ledger

Cost accounting is very different from advanced accounting because advanced accounting based on the concepts of financial accounting which students have already learned in ADC Part – I Accounting while the concepts of cost accounting are different. Learn all the above topics with explanation of example questions and concepts.