The exams will soon be announced for final exmaniation of both ICAI and ICMAI. Recently, a book has been released considering the typical present examination requirements of the Professional students preparing for the final examinations under new syllabuses (Paper 5 of the Institute of Chartered Accountants and Paper 15 of the Institute of Cost Accountants of India).
The book covers all the new concepts such as Beyond Budgeting, Lean Systems, Six Sigma, Kaizen Costing, Throughput Accounting, Enterprise Resource Planning (ERP), Backflush Costing, Business Process Re-engineering, Total Quality Management, Socio-Economic Costing, etc.
All the recent practical problems, from the past examinations have been sectionalized, graded and presented according to the level of difficulties. Each section of each chapter ends with one of the celebrated problems of the past examinations, which has been the genesis of the recent examination problems. Questions have not been solved routinely. An effort has been made in each difficult situation to help the students to identify a methodology to solve the problems such as decision-making in situation of multiple key factors impacting each other with fixed costs differing at different levels. In every chapter, each section represents a particular topic under the overall discussion and each section contains almost all the problems, that have appeared during the past 15 to 20 years, making this book a reliable, unique and authentic problem-solution-textual discussion bank to pass the examination.
It is a must practice book for all the aspiring students. Happy Studying!!
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