Cost and Management Accounting by CA Shavez Alam Cost accounting is the process of accounting for cost classification and analysis of expenses. It helps in ascertaining the total cost of any unit of production accurately. Management accounting involves effective planning to choose from alternative business functions through the evaluation and interpretation of business performance. Paper 3 of CA Intermediate helps in developing an understanding of the basic concepts and methods of establishing the cost associated with the production of products and services and various methods of determining costs, ascertaining cost and cost accounting system, costing applies it to. . It also helps the candidates in acquiring the ability to apply the information for planning, controlling and decision making. Thus, the paper introduces the students to the various cost control parameters and the methods of analyzing them.

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Cost and Management Accounting Topics

CHAPTERS

 

MATERIAL

MINUTES

CLASS 1

69

CLASS 2

31

CLASS 3

71

CLASS 4

37

CLASS 5

90

CLASS 6

32

CLASS 7

126

CLASS 8

130

CLASS 9

60

CLASS 10

70

CLASS 11

105

CLASS 12

43

CLASS 13

58

CLASS 14

19

CLASS 15

37

CLASS 16

98

CLASS 17

83

  DURATION (MINUTES)

1159

HOURS

19.31666667

CONTRACT COSTING

 

CLASS 1

107

CLASS 2

94

CLASS 3

15

CLASS 4

68

CLASS 5

74

CLASS 6

83

CLASS 7

101

CLASS 8

60

  DURATION (MINUTES)

602

HOURS

10.03333333

SERVICE COSTING

 

CLASS 1

85

CLASS 2

95

CLASS 3

101

CLASS 4

99

CLASS 5

108

CLASS 6

85

  DURATION (MINUTES)

573

HOURS

9.55

PROCESS COSTING

 

CLASS 1

102

CLASS 2

124

CLASS 3

100

CLASS 4

96

CLASS 5

89

CLASS 6

96

CLASS 7

96

  DURATION (MINUTES)

703

HOURS

11.71666667

JOINT & BY PRODUCT

 

CLASS 1

112

CLASS 2

109

CLASS 3

81

CLASS 4

104

  DURATION (MINUTES)

406

HOURS

6.766666667

OVERHEADS

 

CLASS 1

96

CLASS 2

111

CLASS 3

111

CLASS 4

107

CLASS 5

106

CLASS 6

98

CLASS 7

110

CLASS 8

125

CLASS 9

110

CLASS 10

112

CLASS 11

105

  DURATION (MINUTES)

1191

HOURS

19.85

ACTIVITY BASED COSTING

 

CLASS 1

95

CLASS 2

58

CLASS 3

66

  DURATION (MINUTES)

219

HOURS

3.65

COST BOOK KEEPING

 

CLASS 1

88

CLASS 2

103

CLASS 3

99

  DURATION (MINUTES)

290

HOURS

4.833333333

BUDGET

 

CLASS 1

91

CLASS 2

102

CLASS 3

81

CLASS 4

79

CLASS 5

24

CLASS 6

18

CLASS 7

35

  DURATION (MINUTES)

430

HOURS

7.166666667

COST SHEET

 

CLASS 1

77

CLASS 2

33

CLASS 3

60

  DURATION (MINUTES)

170

HOURS

2.833333333

JOB BATCH COSTING

 

CLASS 1

103

CLASS 2

102

  DURATION (MINUTES)

205

HOURS

3.416666667

LABOUR

 

CLASS 1

78

CLASS 2

105

CLASS 3

135

CLASS 4

49

CLASS 5

70

  DURATION (MINUTES)

437

HOURS

7.283333333

MARGINAL

 

CLASS 1

128

CLASS 2

105

CLASS 3

103

CLASS 4

85

CLASS 5

24

CLASS 6

67

CLASS 7

27

CLASS 8

85

CLASS 9

65

CLASS 10

123

CLASS 11

12

  DURATION (MINUTES)

824

HOURS

13.73333333

   

THEORY

 

CLASS 1

106

  DURATION (MINUTES)

106

HOURS

1.766666667

RECONCILIATION

 

CLASS 1

80

CLASS 2

100

  DURATION (MINUTES)

180

HOURS

3

STANDARD COSTING

 

CLASS 1

105

CLASS 2

49

CLASS 3

60

CLASS 4

77

CLASS 5

92

CLASS 6

115

CLASS 7

61

CLASS 8

45

  DURATION (MINUTES)

604

HOURS

10.06666667

   

TOTAL Video Class  DURATION

137.9833333 Hour