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From Cost to Control
From Cost to Control
Book Details
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What You'll Learn
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Calculate the True Cost of Your Product: Learn how materials, labour, and overheads come together to shape accurate pricing and stronger profit margins.
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Optimize Inventory and Procurement: Apply EOQ, EBQ, and JIT tools to balance stock efficiently, prevent waste, and free up working capital.
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Make Smarter Financial Decisions: Use marginal costing, contribution analysis, and break-even insights to decide which products to scale, improve, or discontinue.
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Strengthen Cost Control and Accountability: Understand cost centers, responsibility accounting, and performance measurement for disciplined operations.
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Plan for Profit with Budgets and Variances: Build realistic budgets, monitor deviations, and take corrective action using data, not assumptions.
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Execute Costing Concepts in Real Business Scenarios: See practical examples across manufacturing and service businesses so you can implement cost control from day one.
Description
From Cost to Control is your essential guide to managing business costs with clarity and turning financial discipline into long-term profit.Discover how smart costing, budgeting, and data-driven decisions transform your business from reactive spending to controlled growth. Learn to track materials, labour, and overheads the right way, so pricing becomes strategic — not guesswork.From calculating true product cost to using tools like EOQ, marginal costing, break-even analysis, and variance monitoring, this book breaks down every part of cost control in simple, actionable steps that improve profit without cutting quality.Packed with practical business scenarios, visual frameworks, and easy formulas, it helps you plan better, reduce waste, and build systems that protect every rupee.Whether you’re an entrepreneur, finance learner, or business leader, From Cost to Control gives you the blueprint to improve cash flow, price with confidence, and scale with strong profitability at every stage.
This Book Includes:
Index
1. Introduction to Cost Accounting
2. Accounting for Materials
3. Labour Costing
4. Accounting of Overheads
5. A Guide to Absorption and Marginal Costing
6. Cost Accounting Methods
7. Alternative Methods of Costing
8. Decision Making
9. Budgeting
10. Standard Costing
Take a Sneak Peek
Meet the Author
- Founder of Anu Agrawal Classes (AAC): A pioneer in finance education who has mentored thousands of CA and ACCA achievers across India and overseas.
- Accomplished Chartered Accountant with 25+ years of expertise: A trusted professional in cost accounting, budgeting, financial audits, and forensic finance.
- Internationally qualified finance leader: Holds the prestigious CPA (Australia) credential, bringing global perspectives to Indian business practices.
- Proven academic and industry experience: 22+ years of teaching, consulting, and shaping future-ready finance careers through real-world insights.
- Strategic advisor and corporate trainer: Supports educational institutions and business leaders in improving financial control, governance, and decision-making.
- Advocate for financial literacy and ethical growth: Dedicated to empowering students, entrepreneurs, and professionals to excel with confidence, clarity, and strong financial discipline.
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