BMS Notes – Strategic Cost Management University of Mumbai – 4th SEM

Unit 1 Introduction to Strategic cost Management
Strategic cost Management concept, Philosophy, ObjectivesVIEW
Environmental influences on cost Management practicesVIEW
Key elements in Strategic cost ManagementVIEW
Different aspects of Strategic cost ManagementVIEW
Value analysisVIEW
Value engineeringVIEW
Disposal ManagementVIEW
Business process Re-engineeringVIEW
Total Quality ManagementVIEW
Wastage Control, Total productive Maintenance, Energy AuditVIEW
Control of Total Distribution cost & Supply costVIEW
Cost ReductionVIEW
Product life Cycle costingVIEW
Unit 2 Activity Based Costing
Activity based Management Concept, Rational, issues, LimitationsVIEW
Activity Based Budgeting Concept, Rational, issues, LimitationsVIEW
Design and implementation of Activity Based CostingVIEW
Activity Based CostingVIEW
Life cycle costingVIEW
Kaizen costingVIEW
Back flush CostingVIEW
Return on cash Systems, Transfer Pricing and Divisional PerformanceVIEW
Transfer pricing in International BusinessVIEW
Marginal costingVIEW
Managerial Decision Mix.VIEW
Unit 3 Strategic cost Management Performance assessment
Cost Audit under companies Act, with reference to Strategic assessment of costVIEW
Management Audit under companies Act, with reference to Strategic assessment of costVIEW
Managerial PerformanceVIEW
Strategic costVIEW
Benefit analysis of Different business Restructuring propositionsVIEW
Entrepreneurial approach of Cost Management with reference to core competenciesVIEW
Strategic advantages & long-term perspective of Cost ManagementVIEW
Six SigmaVIEW
Learning curveVIEW
Praise Analysis and SimulationVIEW
Unit 4 Variance Analysis & Responsibility Accounting
Standard CostingVIEW
Material costingVIEW
Labour costingVIEW
Overhead costingVIEW
Sale & Profit costingVIEW
Responsibility Accounting: Introduction, TypesVIEW
Evaluation of Profit Centre and Investment CentreVIEW