ICWA INTERMEDIATE COSTING AND FM

SECTION – A : COST ACCOUNTING – PRIME COSTS & OVERHEADS 

Study Note 1 : General Purpose Cost Statement

• Evolution of Cost Accounting
• Cost Accounting Concepts
• Generally Accepted Cost Accounting Principles & Cost Accounting Standards
• Cost Accounting Standards

Study Note 2 : Business Process Analysis 

• Materials (CAS-6)
• Employee Costs (CAS-7)
• Direct Expenses (CAS-10)
• Overheads (CAS-3)
• Treatment of Special Items
• Cost Sheet 

SECTION – B : FINANCIAL MANAGEMENT 

• Objective of Financial Management
• Key Decisions of Financial Management
• Planing Environment
• Functions of Financial Management
• Sources of Finance
• International Sources
• Emerging Role of Finance Manager
• Securities and Exchange Board of India Act, 1992
• Future Value
• Present Value 

Study Note 4 : Tools for Financial Analysis and Planning 

• Funds Flow Statement
• Cash Flow Statement
• Ratio Analysis
• Identification of Information Required to Assess Financial Performance 

Study Note 5 : Working Capital Management and Leverage Analysis 

• Working Capital – Meaning &Defination
• Kinds of Working Capital
• Adequacies and Inadequacies of Working Capital
• Danger of too high amount of Working Capital
• Danger of inadequancies or low amount of Working Capital
• Working Capital Cycle
• Working Capital Financing
• Inventory Management
• Management of Receivable
• Determinants of Credit Policy
• Cash Management
• Leverages
• EBIT-EPS Indifference Point Level
• Calculation of Indifference Point 

Study Note 6 : Cost of Capital 

• Cost of Capital
• Capital Structure
• Dividend Decisions 

Study Note 7 : Capital Budgeting 

• Capital Budgeting
• Need of Capital Budgeting Decision
• Significance of Capital Budgeting Decision
• Process of Capital Budgeting
• Investment Criterian – Method of Appraisal