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Below you can download the cost-free lecture Notes of MBA Cost Management Pdf Notes – CM Notes pdf products with numerous file web links to download.
Intro to Cost Management, Cost Accounting to Cost Management, Elements of prices, category of expenses, Methods of setting you back, Cost Management Tools, A Strategic View to Cost Management, Preparation of a Cost Sheet.
Component – 2
Expenses, Classification and Collection, Difference in between Cost Allocation and Cost Apportionment, (Full-fledged Problems on Primary and second distribution, Simultaneous equations, Absorption of expenses, Theory on under and Over absorption of Overhead).
Module – 3
Minimal Costing– Nature and Scope– Applications– Break also graphes and Point, Decision Making (all kinds with complete issues) Differential Cost Analysis, Advantages and Disadvantages of Marginal Costing.
Component – 4
Budgetary Control– Objectives of Budgetary control, Functional Budgets, Master Budgets, Key Factor Problems on Production and Flexible Budgets.Standard Costing– Comparison with Budgetary Control, evaluation of variances, straightforward troubles on Material and Labour Variances Only.
Module – 5
Demerits of Traditional Costing, Activity Based Costing, Cost Drivers, Cost Analysis under ABC (Unit degree, Batch degree and Product Sustaining Activities), Benefits and weak points of ABC, Simple Problems under ABC.
Module – 6
Expense Audit– Objectives, Advantages, Areas and Scope of Cost Audit, Cost Audit in India– Practical– Read the contents of the record of Cost Audit and the annexure to the Cost Audit Report.Management Audit– Aims and the goals, Scope of Management Audit.
Module – 7
Reporting to Management– Purpose of coverage– Requisites of a good record, Classifications of Report, Segment reporting, Applicability of Accounting Standard 17, Objectives, Users of Segment coverage. Cost Reduction, and Cost Control, Target Costing– its Principles, Balanced Scorecard as an efficiency measure– Features, Purpose, Reasons for use Balanced Scorecard.
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Here you can download the cost-free lecture Notes of MBA Cost Management Pdf Notes – CM Notes pdf materials with several data web links to download. Reporting to Management– Purpose of reporting– Requisites of a great report, Classifications of Report, Segment coverage, Applicability of Accounting Standard 17, Objectives, Users of Segment reporting.
