Cost accountancy is the application of Costing and Cost accounting principles, methods, and techniques to the science, art and practice of cost control and the ascertainment of profitability as well as the presentation of information for the purpose of managerial decision making. Following are the objective of cost accountancy:Ascertainment of cost and profitability with the help of various principles, methods and techniques.Cost controlPresentation of information to enable managerial decision making.   _{Your Comment}