Section 1. - Nature and Scope of Cost Accounting
Introduction to Cost Accounting
Objectives of Cost Accounting
Importance of Cost Accounting
Scope of Cost Accounting
Limitation of Cost Accounting
Cost Accounting Vs Financial Accounting
Section 2. - Cost - Analysis, Concepts and Classification
Elements of Cost
Items Excluded from Cost
Statement of Cost
Cost Sheet Presentation (PPT)
Meaning of Costing
Meaning of Cost Unit
Meaning of Cost Center
Method of Costing
Section 3. - Material Cost - Computation and Control
Material
Material Control
Material purchase procedure
Techniques of Material Control
Techniques of Material Control PPT
ABC Analysis
Two Bin system
Continuous Stock Verification
Economic Order Quantity
Economic Order Quantity PPT
Lead Time
Minimum Level of Inventory
Reorder Level of Inventory
Maximum Level of Inventory
Danger Level of Inventory
Perpetual Inventory System
Store Ledger
Control Ratio
FIFO
LIFO
Average Cost Method
Simple Average Method
Weighted Average Method
Scrap in Inventory
Section 4. - Labor Cost - Computation and Control
Labor Cost
Direct Labor Cost Examples
Calculation of Labor Cost
Labor Cost Control
Steps to Control Labor Costs
Labor Turnover
Idle time
Time Study
Motion Study
Merit Rating
System of Wage Payment
Incentive Wage Plans
Incentive Wage Plans - Part 2nd
Section 4. - Overheads
Introduction to Overheads
Segregation of Semi Variable Cost
Methods of Segregation of Semi Variable Cost
Apportionment of Overheads
Methods of Absorption of Overheads
Calculation of Machine Hour Rate
Overhead Variance
Treatment of Under-absorbed Overheads
Advantages of Machine Hour Rate
Research and Development Expenses
Section 5. - Accounting Methods
Non-Integral System Accounting
Integral System Accounting
Reconciliation of Cost and Financial Accounts
Section 6. - Method of Costing
Job Costing
Job Costing PPT
Job Costing Q and A
Advantages of Job Costing
Contract Costing
Contract Costing PPT
Job Costing Vs Contract Costing
Work Certified Vs Work Uncertified
Batch Costing
Batch Costing PPT
Operation Costing
Production Account
Cost Sheet Vs Production Account
Service Costing
Multiple Costing
Process Costing
Process Costing P and S
Preparation of Process Accounts
treatment of normal and abnormal loss
Activity Based Costing
Disadvantages of Activity Based Costing
Cost Drivers Examples
Section 7. - Techniques of Cost Control
Marginal Costing
Application of Marginal Costing
Break Even Analysis
Importance of Budgetary Control
Standard Costing
Importance of Standard Costing
Types of Variances
Direct Material Variances
Material Mix Variance
Labor Efficiency Variance
Labor Rate Variance
Idle Time Variance
Labor Mix Variance
Uses of Cost Audit
Uniform Costing
Variable Overhead Variance
Fixed Overhead Variance - Part 1
Fixed Overhead Variance - Part 2
Sales Variance
