Costing gives a thorough understanding of the theory & practice of cost & management accounting. It is particularly suitable for its wide & systematic coverage of the professional cost accounting syllabuses but is also suitable for introductory degree & diploma courses in business accounting & finance. The first part of Costing gives detailed coverage of the objectives principles techniques & methods of cost accounting relating to the analysis & gathering of costs & cost ascertainment. The second part focuses on the use of cost information for planning control & decision-making. At each stage concepts are illustrated by practical examples & placed into context so that the reader is aware of the importance & relationships of the various aspects of costing. Fundamental management accounting topics such as budgetary control standard costing & marginal costing are also thoroughly explained.