Cost and Management Accounting BBS 2nd year

This course contains conceptual and theoretical foundation of cost and management accounting ; It also comprises classification and segregation of cost, accounting for material and labour, allocation, apportionment and absorption of overhead cost, costing in different situations such as service costing, job and contract costing, process costing etc., income statement under variable and absorption costing techniques, standard costing system with material and labour cost variance, flexible budgeting under different levels of activities, overhead cost variance,

About the course

The objectives of the course are to provide the students with in-depth knowledge of cost and management accounting in order to enable them to develop, arrange and classify cost information required for decision-making for maximizing the profit and reducing/eliminating losses. The course further aims at developing a sound base for higher study in accounting besides in practical knowledge required by middle-level managers to handle cost information independently.

Syllabus

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Jane Doe is a linguist with 12 years of experience and certification in Italian, Spanish and French. She holds a teaching license from The National Teaching Institute, India.


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