C – Cost Accounting
Concept of Cost and Cost Control, Cost Accounting methods (Job costing, Batch costing, Contract costing or Terminal costing, process costing including inter process profit, Single output or unit costing, Operating costing Operation costing,Multiple or composite costing, Departmental costing and uniform costing), Non Integrated and Integrated cost Accounting system. Marginal Costing and Break Even Analysis, Decisions based on Marginal Costing techniques, Budgetary Control and Preparation of various types of Budgets, Standard Costing and Ascertainment of Material, Labour, Overhead and Sales Variances, Activity Based Costing. Transfer Pricing, Life Cycle Costing, Strategic Cost and Performance Evaluation, Mechanic Accounting and E.D.P, Productivity Accounting and Implication of Computers for Cost Control and Cost reduction, Programmes and Planning, Employee’s Participation in cost reduction programmes.