Cost accounting syllabus

Cost Accounting: Syllabus

Lesson 1 Basic Concept.
Lesson 2 Materials Costing.
Lesson 3 Labor Cost & Machinery.
Lesson 4 Job Costing/Process Costing.
Lesson 5 Cost Allocation.
Lesson 6 Variable Costing.
Lesson 7 Cost of Quality Spoilage.
Lesson 8 Joint Production Process.

Course Description: Cost accounting provides key data to managers for planning and controlling, as well as data on costing products, services, and customers.

What are the topics of cost accounting?

Topics include:

Basics of Cost Accounting

Cost Terms

and Purpose

Cost Volume Profit Analysis

Types of Costing

Job Costing

Batch Costing

Activity Based Costing

Cost Allocation and Analysis

Profitability Analysis

Decision Making using Marginal Costing

Process Costing

Joint Product and By Product.

What is a cost & management accounting syllabus?

The syllabus aims to test the student’s ability to:

Understand the cost and management accounting techniques for evaluation

analysis and application in managerial decision making; Compare and contrast marginal and absorption costing methods in respect of profit reporting; .

What is a cost accounting system?

Cost accounting principles and practise evolved over years to fulfil needs of managers.
They are the primary users of cost (and revenue) information.
They need cost information for planning and control and ask for specific cost information that they require.
A cost accounting system generates information primarily for internal use.

What is the syllabus of accounting course?

Course Syllabus • Time management and completion of tasks skills • Skill in using accounting related software • Interpersonal and communication skills through contact with professional staff and clients • Problem solving and critical thinking skills • A greater understanding of accounting rules and procedures 7.

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