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    Cost Accounting

    Indian Institute of Technology Bombay and NPTEL via Swayam

    Found in Accounting
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    Overview

    This course discusses basic concepts of cost accounting and control. COURSE OBJECTIVES This course is designed to Help the participants to become intelligent users of cost information for (a) Computing cost of product/ process/ project/ activity. (b) Controlling and managing the cost (c) Decision making like pricing, Make or buy, profit planning. (d) Planning and Budgeting
    INTENDED AUDIENCE: Students, employees, entrepreneurs (The course will apply to participants various disciplineslike Engineering, Sciences, Management, Commerce, Arts, Humanities, Heath, Medicine)
    PREREQUISITES: Nil

    Syllabus

    COURSE LAYOUT

    Week 1:
    • Introduction and Scope of Cost Accounting
    • Cost classification
    • Accounting for Direct Costs
    • Accounting for Indirect Costs
    • Overhead costs
    Week 2:
    • Activity Based Costing
    • Methods of Costing
    • Marginal Costing
    • BEP and CVP Analysis
    Week 3:
    • BEP and CVP Analysis cases
    • Decision making cases
    • Budgeting
    Week 4:
    • Budgeting cases
    • Standard Costing and Variance Analysis
    • Standard Costing cases
    • Recap

    Taught by

    Prof. CA. Varadraj Bapat

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