Introduction to Cost Accounting

Unit 1: Introduction
Meaning, Nature, Scope of Cost Accounting	VIEW
Objectives of Cost Accounting	VIEW
Financial accounting Vs. Cost Accounting	VIEW
Advantages and Disadvantages of cost Accounting	VIEW
Elements of costs-costs classification	VIEW
Installation of cost Accounting system	VIEW
Process costing (Simple and inter Process)	VIEW
Job Costing	VIEW

Unit 2: Elements of cost
Material costing:	VIEW
Stock valuation	VIEW
FIFO	VIEW
Weighted average method	VIEW
EOQ, EOQ with Discounts	VIEW
Calculation of stock Levels	VIEW
Labour costing: Bonus and incentive plan	VIEW
Overhead costing: Primary and Secondary	VIEW

Unit 3: Cost Projection
Cost Sheet: Current and Estimated	VIEW
Reconciliation of financial accounts and cost accounting	VIEW

Unit 4
Uniform costing and interfirm comparison	VIEW
Emerging concepts:
Target costing	VIEW
Benchmarking	VIEW
JIT	VIEW
The Balance Scorecard, Concept, Process, Implementation of Balance Scorecard	VIEW
Strategic based control	VIEW