Cost Accounting for CS Executive

In following written lectures of cost accounting, you will cover the syllabus of CS Executive relating to cost accounting.

1.  Cost accounting & objectives  2.  Costing system 3.  Cost concepts 4.  Cost classification 5.  Management accounting  6.  Nature and scope of Management Accounting 7.  Role of management accountant 8.  Tools and techniques of management accounting 9.  Distinction between financial accounting and cost accounting 10. Distinction between financial accounting and management accounting 11. Elements of cost  12. Material cost  13. Purchase procedures 14. Store keeping 15. Inventory control 16. Fixing of minimum, maximum and Re-order levels 17. ABC analysis 18. Receipts 19. Issue of material and its accounting 20. Accounting and control of wastage, spoilage and defectives 21.  Labour cost  22. Classification of labour costs 23. Payroll procedures 24. Monetary and non-monetary incentive schemes 25. Labour turnover and remedial measures 26. Treatment of idle time and overtime. 27. Direct expenses  28. Nature, collection and classification of direct expenses  29. Accounting Treatment of Direct Expenses 30. Overheads  31. Nature, classification and collection of Overheads 32. Allocation, apportionment, absorption and control of overheads