PPT-Costing – Cost Accounting Standards

Cma Ca Zitendra Rao Member SIRC of the ICAI Hyderabad India 10087raoicmaimin Costing Cost Sheet Practical Issues Our Journey What is COSTING Overview of Cost Accounting Standards. Material Consumed 2 Direct Wages and Salaries 3 Direct Expenses 4 Works Overheads 5 Quality Control Cost 6 Research Development Cost 7 Administrative Overheads relating to production activity 8 Total 1 to 7 9 Add Opening stock of Work in Progress COST ACCOUNTING. 1. . INTRODUCTION. . The scope of Management Accounting is broader than the scope of cost accounting. In cost accounting, as we have seen, the primary emphasis is on cost and it deals with collection, analysis, relevance, interpretation and presentation for various problems of management. Management Accounting is an accounting system which will help the Management to improve its efficiency. The main thrust of Management Accounting is towards determining policy and formulating plans to achieve desired objectives of management. It helps the Management in planning, controlling and analyzing the performance of the organization in order to follow the path of continuous improvement. Management Accounting utilizes the principle and practices of . LECTURER: JUDITH ROBB-WALTERS. UNIT 9: MANAGEMENT ACCOUNTING: COSTING AND BUDGETING. LEARNING OBJECTIVE1: BE ABLE TO ANALYSE COST INFORMATION WITHIN A BUSINESS. THE BASIC SYLLABUS. 1. Be able to . analyse. CORUS™ Suite . June 2017. Agenda Topic. Topic Details. Introduction. Agenda review . The. Need for Activity-Based Costing. . Surviving in both fee-for-service (FFS) and value-based contracting (VBC). Workshop Accounts. Introduction:. Production units and workshops established in Indian Railways are meant for Building. (Creating the asset). , Repair & Maintenance of various kinds of Rolling Stock (i.e. Locos, Carriages, Wagons and other departmental vehicles) (. This syllabus and study guide are designed to help with teaching and learning and is intended to ACCA 2016-2017 All rights reserved ACCAs Content Provider Directory also lists materials by other p Performance Costing-. Role of CMA. Overview of Railway Accounts &. Finance. Total Receipts. Passengers. Other . Coaching. Goods. Sundry. Misc.. Receipts. Subsidy. Safety. Surcharge. Earnings of IR . . . Dr . harshdev. . verma. , department of commerce , . d.d.u.gorakhpur. university . gorakhpur. . .. Venue: CMA . Bhawan. CMA. P.PRAKASH. Which . information system can provide answers for these questions?. Is . your firm more or less profitable than your major competitor firms?. Do you generally have higher or lower prices than these firms, for equivalent product?. Unit . code: Y/508/0537. Credit value: . 15. UNIT 14. : ADVANCED . MANAGEMENT ACCOUNTING . Learning Outcome 2 : . Evaluate . the use of management accounting techniques to support organisational . performance. INTRODUCTION. ACCOUNTING. . accounting is wider term and includes recording, classifying and summarizing of business transactions in terms of money, preparation of financial reports and analysis and interpretation of these reports for the... Dr. . Meena. Bhatia. Managerial Accounting. Identifying, measuring, analysing, interpreting and communicating for:. …..informed judgements and decisions by . internal. . users of the information.. Anna . Vassall. , LSHTM, . on behalf the GHCC consortium . Why set standards in costing?. Improving the nature and extent of use of cost data:. Systematic reviews of costs suggest a wide variety of costing methods and metrics. International Management Accounting. Prof. Dr. Marc Beutner. TH Köln. 3rd. . Lecture. SoSe. 2024 . What. . are. . we. . going. to do?. Finishing. . the. . rest. . of. . lecture. 2 . Market-.