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University of Mumbai, Maharashtra (Mumbai University), Accounting and Finance Semester 1, Cost Accounting - Introduction and Elements of Cost-I Syllabus
Cost Accounting - Introduction and Elements of Cost-I Lecture notes | Videos | Free pdf Download | Previous years solved question papers | MCQs | Question Banks| Syllabus
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Unit - 1 Introduction to Cost Accounting
UNIT 1
INTRODUCTION TO COST ACCOUNTING
1.1 Introduction
1.2 Evolution of Cost Accounting
1.3 Definitions
1.4 Objectives of Cost Accounting
1.5 Importance of Cost Accounting
1.6 Advantages of Cost Accounting
1.7 Financial Accounting
1.8 Methods of Costing Types of Costing
1.9 Essential of a Good Costing System
1.10 Distinction between Cost Financial Accounting
1.11 Elements of Cost
1.12 Concept of Cost
1.13 Cost Classification
1.14 Cost Codification
1.14 Cost Sheet
Unit - 2 Material Cost
Unit 2
MATERIAL COSTING
2.1 Material Cost
2.2 Objectives of Material Control System
2.3 Requisites of Material Control System
2.4 Purchase Flow
2.5 Purchase Organization
2.6 Merits of a centralized Demerits of decentralized purchase organization
2.7 DeMerits of a centralized Merits of decentralized purchase organization
2.8 Purchase Requisition
2.9 Purchase Order
2.10 Receipt Inspection of Materials
2.11 Purchase Quantity
2.12 Economic Order Quantity EOQ
2.13 Material Storage Control
2.14 Maximum Level Minimum Level Reorder Level
2.15 Stores Records
2.16 Perpetual Inventory System
2.17 Periodical Stock Verification
2.18 Inventory Turnover Ratio
2.19 Valuation of Material Receipts
2.20 Valuation of Material Issues
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