Cost Accounting Pdf Notes

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Free Download CMA Inter Cost Accounting Study Material pdf for December 2019 exams. Cost Accounting subject is paper 8 in CMA Inter examination and one the subject in CMA. CMA Inter is 2nd stage in revised CMA Course. We’ve given Revised Syllabus 2016 CMA Intermediate Cost Accounting Material by chapter-wise. You can download CMA Inter Paper 8 study material in pdf format by unit wise & chapter wise in PDF Format. ICMAI has released CMA Inter Paper 8 Cost Accountingstudy material for CMA Syllabus 2016 students officially in www.icmai.in website also.

Therefore, cost accounting is a practice and process of cost which regulates the productivity of a business concern by controlling the cost with the application of accounting norm, process and rules. Buy These Notes in PDF Format. Don't show me this again. Epson xp 410 manual. This is one of over 2,200 courses on OCW. Find materials for this course in the pages linked along the left. MIT OpenCourseWare is a free & open publication of material from thousands of MIT courses, covering the entire MIT curriculum.

  1. Accounting Pdf provides unlimited PDF books, notes & guides of Financial, cost and management accounting, ACCA, CFA, CIMA, CPA, CMA, FRM and many more.
  2. Elementary Cost Accounting Notes 95 Cost Accounting: An Introduction ACCOUNTANCY After passing your senior secondary examination, if you set up a small manufacturing unit, say manufacturing of packing boxes, a problem will arise what price of each box you should quote to the buyer. Many factors.

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Download CMA Inter Cost Accounting Study Material Dec 2019

Cost Accounting is one of the subject in ICWAI Intermediate Course. Cost Accounting Paper 8 Study Material December 2019 is mentioned below :

About Material

  • Given Study material is applicable for December 2019
  • Name of the Text Book : Cost Accounting
  • Paper No – PAPER 8
  • Author : ICMAI
  • No of Pages :400
  • Edition : May 2018

CMA Inter Paper 8 Study Material – Syllabus 2016

(Cost Accounting)

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CMA Inter Study Material December 2019 – All Subjects (Revised)

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List of Chapters in CMA Inter Paper 8

INTRODUCTION TO COST ACCOUNTING [40 MARKS]

1. INTRODUCTION TO COST ACCOUNTING:

(a) Definition, Scope, objectives and significance of cost accounting, its relationship with financial
accounting and management accounting

(b) Cost Objects, Cost centers and Cost Units

(c) Elements of cost

(d) Classification of costs

2. COST ASCERTAINMENT – ELEMENTS OF COST:

(a) Material Costs:

(i) Procurement of Materials,

(ii) Inventory Management and Control,

(iii) Inventory Accounting & Valuation

(iv) Physical Verification, treatment of losses

(v) Scrap, sp

(b) Employee Costs:

(i) Time keeping, Time booking and payroll,

(ii) Labour Turnover, Overtime and idle time

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(iii) Principles and methods of remuneration and incentive schemes

(iv) Employee cost reporting and measurement of efficiency.

(c) Direct Expenses

(d) Overheads:

(i) Collection, classification and apportionment and allocation of overheads

(ii) Absorption and treatment of over or under absorption of overheads

(iii) Reporting of overhead costs

3. COST ACCOUNTING STANDARDS (Basic Understanding only) (CAS 1 to CAS 24)

4. COST BOOK KEEPING:

(a) Cost Accounting Records, Ledgers and Cost Statements

(b) Items excluded from cost and normal and abnormal items/cost

(c) Integral accounts

(d) Reconciliation of cost accounting records with financial accounts

(e) Infrastructure, Educational, Healthcare and Port services

METHODS OF COSTING [30 MARKS]

5. METHODS OF COSTING:

(a) Job Costing

(b) Batch Costing

(c) Contract Costing

(d) Process Costing – Normal and abnormal losses, equivalent production, Joint and By Products.

(e) Operating Costing or Service Costing – Transport, Hotel and Hospital

COST ACCOUNTING TECHNIQUES [30 MARKS]

6. COST ACCOUNTING TECHNIQUES: (Basic Understanding only)

(A) Marginal Costing

(i) Meaning of Marginal Cost and Marginal Costing

(ii) Absorption Costing vs. Marginal Costing

(iii) Break-even analysis

(iv) Margin of safety

(v) Application of Marginal Costing for decision making (simple problems only)

(B) Standard Costing & Variance Analysis

(i) Concept of standard cost and standard costing

(ii) Advantages and limitations

(iii) Computation of variances relating to material and labour costs only

(C) Budget and Budgetary Control (simple problems only)

(i) Concepts, Types of Budgets

(ii) Budgetary Control Vs Standard Costing

(iii) Advantages and limitations

(iv) Preparation of Budgets (simple problems only)

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You can buy CMA Inter Cost Accounting Books of Various authors and publishers for December 2019 exams through online at www.amazon.in

CMA Inter Cost Accounting Mock Test Papers
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Sale Cost Accounting: Theory & Practice
  • R. Palaniappan, N. Hariharan
  • I K International Publishing House Pvt. Ltd
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Cost and Management Accountancy (CMA - Intermediate)
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Best Authors & Publishers of ICAI (Cost) Inter Cost Accounting Books

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How to get CMA Inter Cost Accounting Physical Text Books

Notes

For Registered Students :

ICWAI Inter students who are registered for CMA Inter Course on or after 1st June 2017 will get revised CMA Inter Cost Accounting Physical Text Book along with other subjects through speed-post/Courier by ICMAI to your address.

Converted or Other Students :

You can get CMA Inter Cost Accounting Physical Text Book at your nearest local ICAI (Cost) branch office by paying the cost of the book.

Share CMA Inter Cost Accounting Study Material 2019 article to other CMA Intermediate students who are searching to download CMA Inter Cost Accounting Study Material and help them in their CMA Inter paper 8 exam preparation.

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