Course Name: Cost and Managerial Accounting
Course ID:
Presented by: Arsalan Muhammad Khan 54245 Shaikh Ikramulhaq 54566 Shahrukh Pervaiz 54688
Presented to: Prof. Mohammad Arif Nara
Preface:
Our concept was good about cost accounting before making this project but after making this our concept about cost accounting was cleared. May be some shortcoming can be in this project but we made a lot of effort for it. We have learnt excel and word while making this project and various tools used in these. To manage all the things like data of the company and put them accordingly as we are asked is the tough job.
In this project we were asked to make cost analysis of a company. The basic requirements of the project is to analyze the and financial statements of the Gul Ahmed Textiles Limited, Calculation of Cost of Goods manufactured statement ,Finished goods statement, Cost of Good sold Statement for the company. We are also required the projection of the income statements and position statements of the Gul Ahmed Textiles Limited.
By the Grace of Almighty Allah we complete all the requirements. We thank our great teacher Mohammad Arif Nara who encourages us to make such project and enhanced our understanding about Cost Accounting which will help us in the latter life. By his vast experience we are now able to see the things differently. He is an inspiration for all of us. Now we have learned many things from this difficult and interesting project.
Presented by:
Arsalan Muhammad Khan
Shaikh Ikramulhaq
Shahrukh Pervaiz
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Company HistoryThe story of textiles in the subcontinent is the story of Gul Ahmed. The group began trading in textiles in the early 1900’s. With all it’s know-how and experience, the group decided to enter the field of manufacturing and Gul Ahmed Textile Mills Ltd. was incorporated as a private limited