![]() |
Cost Accounting - A Comprehensive Study For Ca/Cma/Cs /Acca/ - Druckversion +- Forum Rockoldies (https://rockoldies.net/forum) +-- Forum: Fotobearbeitung - Photoshop (https://rockoldies.net/forum/forumdisplay.php?fid=16) +--- Forum: E-Learning, Tutorials (https://rockoldies.net/forum/forumdisplay.php?fid=18) +--- Thema: Cost Accounting - A Comprehensive Study For Ca/Cma/Cs /Acca/ (/showthread.php?tid=65548) |
Cost Accounting - A Comprehensive Study For Ca/Cma/Cs /Acca/ - Panter - 30.12.2022 ![]() Cost Accounting - A Comprehensive Study For Ca/Cma/Cs /Acca/ Last updated 6/2021 MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz Language: English | Size: 13.23 GB | Duration: 37h 57m Learn basic to advanced concepts in Cost Accounting comprehensively What you'll learn Understand Basics of Cost Accounting Understand Material Costing Understand Labour Costing Understand Overheads Costing Understand Standard Costing Techniques Understand Standard Costing Variances Understand Operating Costing Understand Marginal Costing Requirements Basics of Accounting Description Who should take this course? Are you struggling in understanding Costing concepts and techniques like Material Costing, Labour Costing, Overheads Costing, Standard Costing, Marginal Costing, Operating Costing, Contract Costing, Job Costing, Batch Costing, Process Costing, Joint Products & By-Products, Budget & Budgetary Control, Activity Based Costing? Are you a student pursuing professional courses like CA / CMA / CS / CFA /CPA / ACCA / CIMA / MBA Finance or are you a Finance Professional / Banker aspiring to excel in Costing Techniques and rise to top in your career? Then this course is for you - Cost Accounting A Comprehensive Study.Why you should take this course?By taking this course, you will be able to see practical side of Cost Accounting concepts with lot many case studies to solve. Approaching complex topics through case studies is the best way to understand them and you will find lot many in this course.If you a Professional course student in the line of Finance or Accounting, then you would have Cost Accounting will be one of your major subject. This course will explain theory and practical concepts in Cost Accounting which will help you to excel in Academic Examinations.If you are an Accounting or Finance or Cost Accounting Executive, this course will help you to brush up you basics in Cost Accounting and all the contents have immediate practical relevance and application. What you will learn by taking this course? This is a comprehensive course, covering each and every topic in detail. In this course,you will learn the Cost Accounting basic concepts, theories, and techniques which deals with conceptual frame work. You will be exposed to following concepts and Techniques: Basics of Costing - 46+ LecturesMaterial Costing - 47+ LecturesLabour Costing - 24+ LecturesOverheads Costing - 31+ Lectures Standard Costing Techniques - 12+ LecturesStandard Costing Variances - 16+ LecturesOperating Costing - 5+ LecturesProcess Costing - 8+ LecturesBudget and Budgetary Control - 17+ LecturesMarginal Costing - 26+ LecturesContract Costing - 11+ LecturesJoint Products & By Products - 14+ LecturesNon Integrated Accounts - 19+ LecturesJob Costing and Batch Costing - 19+ LecturesABC Costing -8+ LecturesHow this course is structured?This course is structured in self paced learning style. Each and every section of this course is broken down as various micro lectures and then they are substantiated with examples and case studies. Several real world examples are used in this course through case studies. You'll gain authority on each and every topic as i take you through lectures one by one. This course is presented in simple language with examples. This course has video lectures (with writings on Black / Green Board / Note book / Talking head, etc). You would feel you are attending a real class. What are the pre-requisites for taking this course?You should have basic knowledge of Accounting. You would require good internet connection for interruption free learning process. How this course will benefit you?At the end of the course, you will be able to solve various case studies in Cost Accounting at ease with high level of confidence. This course will equip you for approaching above listed professional examinations with confidence as well hand real life problems with clarity. Happy Learning and Best Wishes! Overview Section 1: Basics of Costing Lecture 1 Welcome Lecture Lecture 2 Introduction to Basic Cost Concepts Lecture 3 Costing, Cost Accounting and Accountancy Lecture 4 Objectives of Cost Accounting Lecture 5 Difference between Cost Control and Cost Reduction Lecture 6 Scope of Cost Accounting Lecture 7 Difference between Managment Accounting and Cost Accounting Lecture 8 Roles and Functions of Cost and Management Accounting Lecture 9 Users of Cost and Management Accounting Information Lecture 10 Essentials of good cost accounting system Lecture 11 Difference between Cost Accounting and Financial Accounting. Lecture 12 Installation of Cost Accounting System Lecture 13 Impact of Information Technology on Cost Accounting Lecture 14 What are Cost Objects? Lecture 15 What are Cost Drivers? Lecture 16 Responsibility Centres Lecture 17 What are Cost Units? Lecture 18 Limitations of Cost Accounting Lecture 19 Classification of cost based on Nature or Element Lecture 20 Functional Classification of Cost Lecture 21 Cost classification based on Variability / Behaviour Lecture 22 Cost classifcation based on Controllability Lecture 23 Cost classification based on Normality Lecture 24 Cost Classifications Lecture 25 Cost classification based on Time Period Lecture 26 Cost classifications based on Behaviour Lecture 27 Committed Fixed Cost and Discretionary Fixed Cost Lecture 28 Cost classification on the basis of element Lecture 29 Cost classification based on Relationship Lecture 30 cost classification based on controllability Lecture 31 Cost classification based on Normality Lecture 32 cost classification based on attributability Lecture 33 Cost classification based on relevance to decision making Lecture 34 cost classification on the basis of cause and effect relationship Lecture 35 cost classification on the basis of payment Lecture 36 cost classification on the basis of function Lecture 37 What is Opportunity Cost? Lecture 38 cost sheet introduction Lecture 39 cost classifcation for cost sheet Lecture 40 Simple cost sheet Lecture 41 Comprehensive cost sheet Lecture 42 Cost Sheet Case Study 1 Lecture 43 Cost Sheet Case Study 2 Lecture 44 Cost Sheet Case Study 3 Lecture 45 Cost Sheet Case Study 4 Lecture 46 Cost Sheet Case Study 5 Lecture 47 Cost Sheet Case Study 6 Simultaneous Equation Lecture 48 Cost Sheet Case Study 7 Find Selling Price per unit Lecture 49 Practice Problems - Cost Sheet - Case study Lecture 50 Practice Problems Cost Sheet - Case study Section 2: Material Costing Lecture 51 Introduction to Material Costing Lecture 52 objectives of material cost controlling Lecture 53 Requirements of Material cost control Lecture 54 elements of material cost control Lecture 55 techniques of material cost control Lecture 56 Decision making in material purchases Lecture 57 Material purchase procedure Lecture 58 supplier selection procedure Lecture 59 Supplier payment procedure Lecture 60 Just in Time Purchases Lecture 61 ABC Analysis Lecture 62 ABC Analysis Case Study 1 Lecture 63 ABC Analysis Case Study 2 Lecture 64 Valuation of Material Receipts Lecture 65 Valuation of Material Case Study 1 Lecture 66 Valuation of Material Case Study 2 Lecture 67 Why Storeage of Materials are important and what are Duties of Store Keeper? Lecture 68 What are Bin Cards? Lecture 69 What are Stock Control Cards? Lecture 70 What are Stores Ledgers? Lecture 71 Difference between Bin Card and Stores Ledger Lecture 72 Inventory Control Lecture 73 Settting of Various Stock Levels Lecture 74 Re-Order Quantity Lecture 75 Re-Order Level Lecture 76 Calculation of EOQ Case Study 3 Lecture 77 Calculation of EOQ and Total Variable Cost Case Study 4 Lecture 78 Evaluation of Exisiting Policy and EOQ Case Study 5 Lecture 79 Evaluation of Discount Offer and EOQ Case Study 6 Lecture 80 Calculation of EOQ Case Study 7 Lecture 81 Calculation of Stock Levels Case Study 8 Lecture 82 Calculation of Stock Levels Case Study 9 Lecture 83 Evaluation of Discount Offer and EOQ Case Study 10 Lecture 84 Calculation of Stock Levels and Danger Level Case Study 11 Lecture 85 Techniques of Inventory Control Lecture 86 ABC Analysis Lecture 87 Two Bin System Lecture 88 Estabishment of System of Budgets Lecture 89 Other Techniques of Inventory Control Lecture 90 Application of ABC Inventory Control System Case Study 12 Lecture 91 Application of ABC Inventory Control System Case Study 13 Lecture 92 Case Study - Calculate Sales, SP/Unit and Margin of Safety Sales Lecture 93 Case Study - Calculate Sales Volume and Margin of Safety Lecture 94 Case Study - Computation of Break Even Point Lecture 95 Case Study - Calculate Sales Revenue required to achieve Quarterly Profit Lecture 96 Case Study - Break Even Point in Units Lecture 97 Case Study PV Ratio, Fixed Cost and Sales required to earn a given profit Lecture 98 Case Study Break Even Sales, PV Ratio , Units to be sold for achieving given EBI Lecture 99 What if First in First Out Method? Lecture 100 Practice Problems - EOQ- Case Study Lecture 101 Practice Problems -EOQ Using Wilson's Formula Lecture 102 Practice Problems Evalution of Material cost of Two Sources Section 3: Labour Costing Lecture 103 Introduction to Labour Costing Lecture 104 Difference between Direct and Indirect Labour Cost Lecture 105 Labour Cost Control Lecture 106 Roles of Departments in Controlling Labour Cost Lecture 107 Factors Controlling Labour Cost Lecture 108 Collection of Labour Cost Lecture 109 Time Keeping Lecture 110 Traditional Methods of Time Keeping Lecture 111 Mechanical Time Keeping Lecture 112 Requisites of Good Time Keeping System Lecture 113 Time Booking Lecture 114 Reconciliation Gate Card and Job Card Lecture 115 Objectives of Time Keeping Lecture 116 Payroll Procedure Lecture 117 Idle Time Lecture 118 Case study 1 on Idle Time & Effective Working Hours Lecture 119 Case Study 2 on Idle Time & Effective Working Hours Lecture 120 Overtime Premium Lecture 121 Effects of OT on Productivity Lecture 122 Steps for Controlling Overtime Lecture 123 Labour Turnover Lecture 124 Labour turnover due to new recruitment Lecture 125 Causes of Labour Turnover Lecture 126 Effects of Labour Turnover Lecture 127 Steps available for minimising labour turnover Lecture 128 Pratice problem -Treatmnet of Idle Time Cost & Overtime Premium Lecture 129 Pratice Problem - Treatmnet of Overtime Premium Lecture 130 Labour Costing Practice Problem 3 Lecture 131 Labour Costing Practice Problem 4 Lecture 132 Labour Costing Practice Problem 5 Section 4: Overheads Costing Lecture 133 Introduction to Overheads Costing Lecture 134 What are Overheads? Lecture 135 Overheads Classification Lecture 136 Overhead by Functions Lecture 137 Overheads by Nature Lecture 138 Overheads by Element Lecture 139 Overheads by Controllability Lecture 140 Advantages of classification of fixed and variable expenses Lecture 141 Accounting and Cotnrol of Manufacturing Overheads Lecture 142 Steps in estimating and absorbing overheads Lecture 143 Allocation and Apportionment Lecture 144 Apportionment Methods of Common Expenses Lecture 145 Bases of Apportioning Overheads Lecture 146 Reapportionment of Service Department Overheads Lecture 147 Case Study on Direct Distribution Method Lecture 148 Case Study Step Method Lecture 149 Case Study Simultaneous Equation Method Lecture 150 Case Study Repeated Distribution Method Lecture 151 Case Study Trial and Error Method Lecture 152 Case Study Re-apportionment of Cost under Repeated Distribution Method Lecture 153 Case Study Re-apportionment of Cost under Step Method or Step Ladder Method Lecture 154 Step Method or Non Reciprocal Method Lecture 155 Reciprocal Services Method Lecture 156 Methods of Absorbing Overheads to various products or jobs Lecture 157 Percentage of Direct Materials and Prime Cost Method Lecture 158 Percentage of Direct Labour Cost Method Lecture 159 Labour Hour Rate Method Lecture 160 Machine Hour Rate Method Lecture 161 Types of Overhead Rates Lecture 162 Case Study on Predetermined Overhead Rate & Performance Report Lecture 163 Case Study on Machine Hour Rate Lecture 164 Treatment of Under absorbed & Over absorbed Overheads Lecture 165 Case Study Under Absorbed Overheads Lecture 166 Direct Redistribution Method - Case Study Lecture 167 Non Reciprocal Method - Case Study Lecture 168 Practice Problems Overhead - Trial and Error Method Case Study Section 5: Standard Costing Techniques Lecture 169 Introduction to Standard Costing Techniques Lecture 170 Standardd Cost Definition Lecture 171 Setting up of Standard Cost Lecture 172 Standard Costing Definition Lecture 173 Physical Standards Lecture 174 Material Quantity Standards Lecture 175 Labour Time Standards Lecture 176 Overhead Standards Lecture 177 Problems in setting physical standards Lecture 178 Types of Standards Lecture 179 Need for Standard Costing Lecture 180 Advantages of Standard Costing Lecture 181 Process of Setting Standards Lecture 182 Types of Variances Section 6: Standard Costing Variances Lecture 183 Introduction to Standard Costing Variances Lecture 184 Material Cost Variance Lecture 185 Material Price Variance Lecture 186 Material Usage Variance Lecture 187 CS Material Cost Variance Lecture 188 Comprehensive Case Study on Material Cost Variance Lecture 189 MCV more than one material Lecture 190 Comprehensive Case Study MCV Lecture 191 Labour Cost Variance Lecture 192 Labour Rate Variance Lecture 193 Labour Efficiency Variance Lecture 194 Case Study Labour Cost Variance Lecture 195 Comprehensive Case Study LCV Lecture 196 Overhead Cost Variance Lecture 197 Production Volume Variance Lecture 198 Overhead Expenses Variances Lecture 199 Variable Overhead Cost Variance Lecture 200 Variable Overhead Cost Variance - Case Study Lecture 201 Fixed Overhead Cost Variance - Part 1 Lecture 202 Fixed Overhead Cost Variance - Part 2 Lecture 203 Fixed Overhead Cost Variance - Part 3 Lecture 204 Case Study - Fixed Overhead Cost Variances Lecture 205 Case Study 2 - Fixed Overhead Cost Variances Lecture 206 Comprehensive Case Study - Fixed & Variable Overhead Variance Section 7: Operating Costing Lecture 207 Introduction to Operating Costing Lecture 208 Case Study - Composite Units Lecture 209 Case study bus fare Lecture 210 Case Study Cost per absolute ton km Lecture 211 Cost Sheet under Operating Costing Lecture 212 Case Study evaluation of facilities Lecture 213 Costing for Transport Services Case Study Lecture 214 Costing for Financial Institutions - Case Study Lecture 215 Costing for Power Houses - Case Study Lecture 216 Costing for Hotels and Lodges Case 2 Section 8: Process & Operating Costing Lecture 217 What is Process Costing? Lecture 218 Basic features of Process Costing Lecture 219 Process Costing Procedure Lecture 220 Operation Costing Lecture 221 Case 1 Process Costing Lecture 222 Treatment of Normal Process Loss Lecture 223 Treatment of AbNormal Process Loss Lecture 224 Treatment of AbNormal Process Gain Lecture 225 Case 2 Process costing with Normal Loss, Abnormal Loss & Gain Lecture 226 WIP Valuation & Equivalent Producton Lecture 227 Equivalent Producton & Computation Steps Lecture 228 Equivalent Producton- Case study Lecture 229 Equivalent Producton- Case study-2 Lecture 230 Equivalent Producton Units Computation Lecture 231 Equivalent Producton (Subsequent Process - FIFO) Lecture 232 Equivalent Producton (First Process - FIFO) Lecture 233 Average Cost Method Lecture 234 Equivalent Producton - Average Cost Case study Section 9: Budget and Budgetary Control Lecture 235 Budget and Budgetary Control Lecture 236 Characteristics of Budget Lecture 237 Objectives of Budgeting Lecture 238 Meaning of Budgetary Control and its Salient Features Lecture 239 Objectives of Budgetary Control System Lecture 240 Working of Budgetary Control System and responsibilities of Budget Officer Lecture 241 Advantages and Limitations of Budgetary Control Lecture 242 Components of Budgetary Control System Lecture 243 Preparation of Budgets Lecture 244 Different Types of Budgets Lecture 245 Fixed Budgets Lecture 246 Flexible Budget, features, merits and demerits Lecture 247 Suitability for Flexible Budget Lecture 248 Difference bettwen Fixed and Flexible Budget Lecture 249 Case 1 Flexible Budget Recovery Rate per Hour Lecture 250 Case 2 Flexible Budget (Total Cost Budget) Lecture 251 Case 3 Flexible Budget and Deviation from Planned Budget Lecture 252 Case 4 Flexible Budget under Incremental Price Section 10: Marginal Costing Lecture 253 Introduction to Marginal Costing Lecture 254 Direct Costing Lecture 255 Difference between Marginal Costing and Direct Costing Lecture 256 Differential Cost Lecture 257 Difference between Marginal and Differential Costing Lecture 258 Difference between Variable and Fixed Cost Lecture 259 Semi Variable Cost Lecture 260 Marginal Cost Sheet Format Lecture 261 Marginal Cost Equation Lecture 262 Absorption Costing Format Lecture 263 Difference between Marginal Costing and Absorption Costing Lecture 264 Contribution Lecture 265 Profit or loss and Contribution Lecture 266 Decision making Indicators of Marginal Costing Lecture 267 PV Ratio Lecture 268 Indifference Point Lecture 269 Difference between Indifference Point and Break Even Point Lecture 270 Shut Down Point Lecture 271 Case Study on Segregation of Fixed and Variable Cost Lecture 272 Case Study Break Even Point Lecture 273 Case Study on Computation of Sales for Desired Profits Lecture 274 Case Study on Profit Volume Ratio and Break Even Point Lecture 275 Computation of Price Volume Ratio and BEP Lecture 276 Case Study Marginal Costing Basic Computations Lecture 277 Case Study Profit Volume Ratio and BEP Lecture 278 Finding Fixed Cost, PVR and Sales Lecture 279 Marginal Cost Sheet and VC Interpretation Lecture 280 Practice Problems Break Even Point Case Study Lecture 281 Practice Problems Evaluation of Material cost of Two Sources Lecture 282 Practice Problems Marginal Costing Case Study Section 11: Contract Costing Lecture 283 Contract Costing - Meaning and Features Lecture 284 Recording of Contract Costs Lecture 285 Meaning of Terms used in Contract Costing Lecture 286 Computation of Estimated Profit Case Study 1 Lecture 287 Profit / Loss on Incomplete Contracts Lecture 288 Cost Plus Contract Lecture 289 Preparation of Contract Account Case Study 2 Lecture 290 Preparation of Contract Account Case Study 3 Lecture 291 Comprehensive Case Study on Contract Account Lecture 292 Computation of Estimated Profit under various methods Case Study 4 Lecture 293 Calculation of admissible Escalation Claim Case Study 5 Lecture 294 Preparation of Contract Account and Calculation of Estimated Profit Case Study 6 Section 12: Joint Products & By Products Lecture 295 What are Joint Products and By-Products? Lecture 296 Meaning of Joint Products and By Products Lecture 297 Apportionment of Joint Costs Lecture 298 Methods of Apportioning Joint Cost over Joint Products Lecture 299 Physical Unit Method of apportioning joint cost over joint products Lecture 300 Case 1 Physical Unit Method Lecture 301 Average Unit Cost Method Lecture 302 Case 2 Average Unit Cost Method for Apportionment of Joint Cost Lecture 303 Survey Method for Apportionment of Joint Cost Lecture 304 Contribution Margin Method for Apportionment of Joint Cost Lecture 305 Case 3 Contribution Margin Method for Apportionment of Joint Cost Lecture 306 Market Value Method for Apportionment of Joint Cost Lecture 307 Case 4 Apportionment of Joint Cost under different methods Lecture 308 Methods of Apportioning Joint Cost over By Products Lecture 309 Treatment of By Products Cost in Cost Accounting Lecture 310 Case 5 Preparation of Income forecast statement and suggest production plan Section 13: Non Integrated Accounts Lecture 311 Introduction to Non Integrated Accounts Lecture 312 Important Ledgers under Non Integrated Accounting in Cost Department Lecture 313 Principal Accounts under Non Integrated Accounting Part I Lecture 314 Principal Accounts under Non Integrated Accounting Part 2 Lecture 315 Scheme of Accounting Entries under Non Integrated Accounting Part 1 Lecture 316 Scheme of Accounting Entries under Non Integrated Accounting Part 2 Lecture 317 Case 1 Non Integrated Accounts Journal Entries, Ledger and Trial Balance Lecture 318 Case 2 Preparation of condensed P&L Statement and supporting schedules Lecture 319 Case 3 Preparation of Ledger as per Integrated Accounting System Lecture 320 Integral Accounting System and its Advantages Lecture 321 Essential Pre-requisites for Integral Accounting System Lecture 322 Features of Integral Accounting System Lecture 323 Case 4 Journal Entries under Integrated Accounting System Lecture 324 Case 5 Journal Entries under Integrated Accounting System Lecture 325 Case 6 Ledger and Trial Balance under Integrated Accounting System Lecture 326 Reconciliation of Cost and Financial Accounts Lecture 327 Items included in Financial Accounts but not in Cost Accounts and Vice Versa Lecture 328 Procedure for reconciliation & circumstances when reconciliation can be avoided Lecture 329 Case 7 Calculation of Profit as per Cost and Financial Accounts & Reconciliation Lecture 330 Case 8 Calculation of Profit as per Cost and Financial Accounts & Reconciliation Section 14: Job Costing and Batch Costing Lecture 331 Methods of Costing Lecture 332 Meaning of Job Costing Lecture 333 Principles and Process of Job Costing Lecture 334 Suitability of Job Costing Lecture 335 Format of Job Cost Sheet Lecture 336 Difference between Job Costing and Process Costing Lecture 337 Accounting for Materials - (Procedure for Job Costing) Lecture 338 Accounting for Labour - (Procedure for Job Costing) Lecture 339 Accounting for Overheads - (Procedure for Job Costing) Lecture 340 Treatment of Spoiled and Defective Work - (Procedure for Job Costing) Lecture 341 Entries in Control Accounts Lecture 342 Case 1 Journal Entries in Cost Accounting Lecture 343 Case 2 Preparation of Job Cost Sheet Lecture 344 Case 3 Preparation of Factory Cost Statement and Invoice Price of Job Lecture 345 Meaning of Batch Costing Lecture 346 Case 4 Calculation of Cost and Profit per piece of each batch Lecture 347 Case 5 Preparation of Statement of Cost under Batch Costing Lecture 348 Economic Batch Quantity Lecture 349 Case 6 Determination of Economic Batch Quantity Lecture 350 Case 7 Calculation of EBQ and Minimum Inventory Holding Cost Lecture 351 What is Job Costing & Batch Costing Lecture 352 Time of Stamping of Documents Lecture 353 Economic Batch Quantity case study 1 Lecture 354 Economic Batch Quantity case study 2 Lecture 355 Economic Batch Quantity case study 3 Lecture 356 Batch Costing - Computation of Selling price per batch - Case Study Lecture 357 Batch Costing - Computation of Selling price per batch - Case Study Section 15: ABC Costing Lecture 358 Introduction to Activity Based Costing Lecture 359 Factors for development of ABC & its Suitability Lecture 360 Meaning and Defintion of ABC Lecture 361 Activity Based Costing & Traditional Absorption Costing Case Study 1 Lecture 362 Activity Based Costing Case Study 2 Lecture 363 Cost Allocation under Traditional Costing & Activity Based Costing Lecture 364 Activity Based Costing Case Study 3 Lecture 365 Activity Based Costing Case Study 4 Section 16: FINAL SECTION Lecture 366 Bonus Lecture Cost Accounting Students and Executives,Accounting Students and Executives,Finance Students and Executives,MBA Finance Students,B.Com., BBA, CA, CMA, CS, CFA, CPA, CIMA Students Homepage ![]() |