ICWA INTERMEDIATE COST AND MANAGMENT ACCOUNTING

COST & MANAGEMENT ACCOUNTING –

METHODS AND TECHNIQUES 

Study Note 1 : Cost Accounting Methods & Systems 

  • Importance of Cost Accounting
  • Integrated Accounting System
  • Methods / Types of Costing

Study Note 2 : Decision Making Tools (advanced level) 

  • Marginal Costing
  • Throughput Accounting
  • Activity Based Costing
  • Transfer Pricing
  • Treatment of Special Expenses in Cost Accounts
  • Integration of Standard Costing with Marginal Cost Accounting, Absorption Cost
  • Accounting and Throughput Accounting

Study Note 3 : Budgeting And Budgetary Control 

  • Budgeting
  • Budgetary Control

Study Note 4 : Standard Costing 

  • Standard Costing
  • Uniform Costing

SECTION B

COST RECORDS AND COST AUDIT 

Study Note 5 : Cost Accounting Records and Cost Audit

  • Origin of Cost Audit
  • Relevance of Cost Audit
  • Objectives of Cost Audit
  • Provision for Cost Audit
  • Companies (Cost Records & Audit) Rules, 2014 5.6SECTION C

ECONOMICS FOR MANAGERIAL DECISION MAKING 

Study Note 6 : Economics for Managerial Decision Making 

  • Concepts of Market and Demand
  • Government Intervention and Effect.
  • Business and Economic Forecasting
  • Empirical Production Function and Cost Analysis
  • Factor Demand and Input Decisions
  • Pricing Policies