Revised Syllabus of Cost Accounting – Paper IV
Cost Accounting – Paper IV
Modules at a Glance
| Sr. No. | Modules | No. of Lectures |
| 1 | Budgeting and Budgetary Control | 15 |
| 2 | Absorption Costing and Marginal Costing Cost Volume and Profit Analysis | 15 |
| 3 | Managerial Decision Making | 15 |
| 4 | Standard Costing and Variance Analysis | 15 |
| Total | 60 | |
| Sr. No | Modules /Units |
| 1 | Budgeting and Budgetary Control |
| Meaning & objectives, Advantages and limitations of budgets
Functional budgets, fixed and flexible budgets Zero based budgeting, performance budgeting Simple practical problems of preparing flexible budgets and functional budgets |
|
| 2 | Absorption Costing and Marginal Costing, Cost Volume and Profit Analysis |
| Absorption Costing and Marginal Costing
Meaning of absorption costing, Introduction to marginal costing Distinction between absorption costing and marginal costing Advantages and limitations of marginal costing
Cost Volume and Profit Analysis Break even analysis meaning and graphic presentation Margin of safety Key factor Simple practical problems based on using the marginal costing formulae |
|
| 3 | Managerial Decision Making |
| Make or buy
Sales mix decisions Exploring new markets Plant shut down decision Simple practical problems |
|
| 4 | Standard Costing and Variance Analysis |
| Preliminaries in installing of a standard cost system
Material Cost variance Labour cost variance Variable overhead variances Fixed Overhead variances Sales variances Simple practical problems |
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