2253: Cost Accounting KL Diploma Syllabus for CA&BM 2nd Sem 2015 Revision SITTTR

Cost Accounting detailed syllabus for Computer Application & Business Management (CA&BM) for 2015 revision curriculum has been taken from the SITTTRs official website and presented for the CA&BM students. For course code, course name, number of credits for a course and other scheme related information, do visit full semester subjects post given below.

For Computer Application & Business Management 2nd Sem scheme and its subjects, do visit CA&BM 2nd Sem 2015 revision scheme. The detailed syllabus of cost accounting is as follows.

Course General Outcomes:

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SPECIFIC OUTCOMES

1. Understand basis of Cost.
   1. Define Cost.
   2. Define Cost Accounting.
   3. Define Costing.
   4. Explain meaning and scope of cost.
   5. Explain meaning and scope of costing.
   6. Explain meaning and scope of cost accounting.
   7. Explain objectives and functions of cost accounting.
   8. Explain merits and demerits of cost accounting.
   9. Difference between Cost accounting and Financial accounting.
2. Know the classification of cost.
   1. Explain classification of cost according to function.
   2. Explain classification of cost according to behaviour.
   3. Explain classification of cost according to Identifiability.
   4. Explain classification of cost according to managerial Decisions.
   5. Explain elements of cost.
   6. Explain cost centre and cost unit.
3. Understand overhead.
   1. Explain components of cost.
   2. Explain cost sheet.
   3. Explain Production statement.
4. Understand methods and techniques of costing.
   1. Explain job costing.
   2. Explain batch costing.
   3. Explain contract costing.
   4. Explain process costing.
   5. Explain features of process costing.
   6. Explain normal and abnormal loss.
   7. Explain inter process profit.
   8. Describe Joint Products and by-products.
   9. Work out simple problem of job costing, process costing, contract costing, Joint Products.
5. Understand marginal costing.
   1. Explain meaning of marginal costing.
   2. Define marginal costing.
   3. Describe features of marginal costing.
   4. Explain advantages of marginal costing.
   5. Explain disadvantages of marginal costing.
   6. Explain marginal cost equations.
   7. Describe contribution.
6. Understand break even analysis and profit volume ratio.
   1. Explain break even analysis.
   2. Explain profit volume ratio (PVR).
   3. Explain margin of safety.
   4. Describe applications of marginal costing techniques.

Module I

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Module II

Cost classification -Classification according to functions -Classification according to Behaviour- Classification according to Identifiability and managerial Decisions- Elements of cost – cost units- cost centre -Overheads- components of cost-Cost sheet-Production statement

Module III

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Module IV

Meaning- Definition -Features-Advantages- Disadvantages-CVPAnalysis- Marginal costing Equations- Contribution- Break Even Analysis-P/V ratio- Margin of safety-application of marginal costing- cost control- Fixation of selling price- closure of Department or discontinuing a product- Selection of a profitable product mix- profit planning- decision to make or buyDecision to accept a bulk order- introduction of a new product (Simple problems only).

BOOKS RECOMMENDED

For the complete syllabus, results, class timetable, and many other features kindly download the iStudy App
It is a lightweight, easy to use, no images, and no pdfs platform to make students’s lives easier.
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BOOKS FOR FURTHER REFERENCES

1. T.S. Gricval, Double Entry Book Keeping, S.Chand & Co.
2. R.S.N. Pillai and V. Bargava , Advanced accounting, S.Chand & Co.

For detailed syllabus of all other subjects of Computer Application & Business Management, 2015 revision curriculum do visit CA&BM 2nd Sem subject syllabuses for 2015 revision.

To see the syllabus of all other branches of diploma 2015 revision curriculum do visit all branches of SITTTR diploma 2015 revision.