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Present Book “Cost Accounting and Reporting” is an attempt to explain the various cost Accounting Standards, Cost Auditing Standard, GACAP, Recommendations of B.B. Goyal Committee, Cost Auditor, Cost Audit, Cost Accounting Records & rules in a very simple & Straight style with exhaustive text & plenty of illustrative material. It covers comprehensively the course content requirement of students preparing for M.Com. of M.D. University. This book will also serve the course content requirement of students appearing for C.A, C.S, I.C.W.A exams. Every effort has been made to make the students understand the intricacies involved in each topic by a step by step approach. It has been done by keeping the chapters in small size, giving appropriate headings, sub-headings & incorporating plenty of illustrative material. The book follows the examination-oriented approach.