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Advanced Cost Accounting For M.Com IIIrd Semester of Banaras Hindu University, Kumaun University; M.Com IVth Semester of Babasaheb Bhimrao Ambedkar Bihar University, Bhupendra Narayan Mandal University, Jai Prakash University, Lalit Narayan Mithila University, Magadh University, Munger University, Patliputra University, Patna University, Purnea University, Tilka Manjhi Bhagalpur University, Veer Kunwar Singh University & Various Universities. In this revised edition of Advanced Cost Accounting, several New Illustrations (solved) of real worth have been added and questions graded. All the chapters have been closely screened and revised to make the book utility-oriented in a larger measure. Questions asked in various universities examinations have been incorporated in the book. At the end of the book Cost Accounting Standards have been incorporated in the book. A chapter on ‘Cost Audit’ has been thoroughly revised on the basis of Companies Act, 2013 and Companies (Cost Records and Rules), 2014. The Illustrations and Practical Questions have been given Topic-wise, graded from easy to difficult. The students of elementary studies may select easy questions Topic-wise and leave difficult ones. Important formulae in chapters like Cost-Volume-Profit Analysis and Variance Analysis have been given in a Box at the end of the chapters.