Last updated on August 14th, 2022 at 07:48 pm
Unit 1 [Book] |
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Management Accounting: Purpose, Nature |
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Objectives and functions of Management Accounting |
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Focus on decision making |
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Income statement |
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Balance Sheet of a Manufacturer |
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Classification of costs by behavior, Traceability, Controllability, Relevance and Function |
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Cost concepts for Service companies |
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Manufacturing Management principles: |
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TQM |
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JIT |
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Theory of constraints and |
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Continuous improvement |
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Unit 2 [Book] |
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Manufacturing Accounting |
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Job order Accounting |
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Cost Accounting |
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Flow of manufacturing activities |
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Cost Accounting system using perpetual inventory system |
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Job Order Cost accounting |
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Job order cost sheet |
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Adjusting over applied and under applied overhead |
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Multiple overhead application rates |
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Process cost accounting: Organisation of process operations |
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Equivalent Units of production |
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Process cost summary |
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Unit 3 [Book] |
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Cost Volume Profit Analysis |
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Identifying Cost behavior |
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Fixed, Variable, Mixed costs |
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Step-wise Costs and their determination |
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Break-Even Analysis |
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Sensitivity analysis |
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Computing multiproduct Break-Even Analysis |
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Unit 4 [Book] |
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Budgeting process imperatives for analysis, focus, evaluation |
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Employee Motivation |
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Employee Communication |
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Master Budget components |
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Operating Budgets |
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Capital expenditure budget |
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Financial budget |
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Flexible budgets and Standard costs |
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Computing Labour Overhead |
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Material Overhead |
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Overhead variances |
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Managerial decisions in Addition or Deletion of product |
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Department Make or Buy |
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Sell or Process |
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Selecting sales mix using Relevant costs |
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