Run by a professional with more than 20+ years of business experience, Courses would contain:
- Class room sessions to cover study material
- Interactive sessions for doubts
- Incessant class room Test
- Revision of previous years Question papers
- Conducting mock exam to prepare for ultimate exam at the end of course
- Support in submission of required forms to Institute
Introduction to Cost and Management Accounting
Elements of Cost and preparation of Cost Sheets
Material Cost
Employee Cost
Direct Expenses
Overheads
Concepts of Activity Based Costing (ABC)
Recording and Accounting of Costs
Single Output/ Unit Costing
Job Costing
Batch Costing
Contract Costing
Process / Operation Costing
Costing of Service Sectors
Standard Costing
Marginal Costing
a. Basic concepts of marginal costing, Contribution margin, Break-even analysis, Break â??even and profit volume charts, Contribution to sales ratio, Margin of Safety, Angle of Incidence, Cost-Volume-Profit Analysis (CVP), Multi- product break- even analysis, Consideration of Limiting factor (key factor),
b. Determination of Cost of a product/ service under marginal costing method, determination of cost of finished goods, work-in-progress,
c. Comparison of Marginal costing with absorption costing method- Reconciliation of profit under the both methods,
d. Short term decision making using the above concepts (basic / fundamental level). Budget and Budgetary Control
a. Meaning of Budget, Essentials of Budget, Budget Manual, Budget setting process, Preparation of Budget and monitoring procedures.
b. The use of budget in planning and control
c. Flexible budget, Preparation of Functional budget for operating and non- operating functions, Cash budget, Master budget,
d. Introduction to Principal/ Key budget factor, Zero Based Budgeting (ZBB), Performance budget, Control ratios and Budget variances.
View this Course
Certified
You have 
