Commercial’s Cost Accounting (CMA Inter) – (New Syllabus) by CMA G.C. Rao for June 2026 Exam – 3rd Edition Reprint 2025.

Summary Part of the CMA Knowledge Series, the 3rd Edition (Reprint 2025) of Cost Accounting (CMA INTER – Group 1, Paper 8) by FCMA Govada Chalapathi Rao (G.C. Rao) is a comprehensive and reliable reference. Updated strictly in line with the New Syllabus 2022 prescribed by ICMAI, it is perfectly tailored for students preparing for the December 2025 and June 2026 examinations.

Key Exam Features

• Single-Point Solution: Combines clear conceptual explanations with extensive practical illustrations.

• Detailed Working Notes: Features step-by-step solutions to problems, helping students develop strong analytical skills for cost control and decision-making.

• Examination Readiness: Provides comprehensive coverage of past CMA Inter exam questions with hints, answers, and model test papers to test your preparation.

Complete Syllabus Coverage (Paper 8)

This edition spans the full scope of Cost Accounting, including:

• Introduction to Cost Accounting (Nature, Scope, Objectives, Cost Sheet Preparation)

• Material Cost Control (Procurement, Storage, Issue Pricing)

• Labour Cost (Remuneration Systems, Incentives, Labour Turnover)

• Overheads (Classification, Allocation, Apportionment, Absorption)

• Activity-Based Costing (ABC) and Cost Drivers

• Unit, Job, Batch, and Process Costing (including Inter-Process Profits)

• Contract and Operating (Service) Costing

• Marginal Costing and Cost-Volume-Profit (CVP) Analysis

• Budgetary Control and Standard Costing (Variance Analysis)

• Reconciliation of Cost and Financial Accounts

Who Should Buy This Book?

• CMA Intermediate Aspirants looking for an exam-focused, syllabus-aligned resource for Paper 8.

• Professionals aiming to strengthen their costing knowledge for real-world management decision-making.

• Faculty & Coaching Institutions requiring structured, practice-heavy material for their students.

About the Author: FCMA G.C. Rao

G.C. Rao is a Commerce graduate and a Fellow Member of the Institute of Cost Accountants of India. He secured the All India 12th Rank in CMA Inter and 16th Rank in CMA Final. As the lead faculty at G.C. Rao Academy and a visiting faculty at the ICAI Bangalore Chapter, his areas of specialization include Financial Accounting, Cost Accounting, Direct & Indirect Taxation, and Strategic Cost Management.

Details :