- Cost classification based on Relationship 00:01:32
- Comprehensive cost sheet 00:06:54
- Introduction to Basic Cost Concepts 00:04:59
- cost classification based on controllability 00:02:03
- Cost Sheet Case Study 1 00:12:40
- Costing, Cost Accounting and Accountancy 00:02:33
- Cost classification based on Normality 00:02:02
- Cost Sheet Case Study 2 00:19:39
- Objectives of Cost Accounting 00:04:09
- cost classification based on attributability 00:01:13
- Cost Sheet Case Study 3 00:14:22
- Difference between Cost Accounting and Financial Accounting. 00:05:09
- Cost classification based on relevance to decision making 00:05:22
- Cost Sheet Case Study 4 00:09:16
- Difference between Managment Accounting and Cost Accounting 00:03:04
- cost classification on the basis of cause and effect relationship 00:02:05
- Cost Sheet Case Study 5 00:12:40
- Cost Classifications 00:02:22
- cost classification on the basis of payment 00:03:20
- Cost classification based on Time Period 00:02:32
- cost classification on the basis of function 00:05:01
- Cost classifications based on Behaviour 00:02:53
- cost sheet introduction 00:02:33
- Committed Fixed Cost and Discretionary Fixed Cost 00:04:07
- cost classifcation for cost sheet 00:02:22
- Cost classification on the basis of element 00:02:23
- Simple cost sheet 00:04:05
- elements of material cost control 00:01:23
- techniques of material cost control 00:01:56
- Decision making in material purchases 00:01:24
- Material purchase procedure 00:03:15
- supplier selection procedure 00:02:46
- Supplier payment procedure 00:01:58
- Just in Time Purchases 00:04:01
- ABC Analysis 00:05:45
- Introduction to Material Costing 00:05:59
- objectives of material cost controlling 00:02:21
- Requirements of Material cost control 00:05:58
- Labour Cost Control 00:02:00
- Payroll Procedure 00:03:27
- Roles of Departments in Controlling Labour Cost 00:04:02
- Idle Time 00:07:05
- Factors Controlling Labour Cost 00:05:38
- Overtime Premium 00:05:39
- Collection of Labour Cost 00:02:34
- Effects of OT on Productivity 00:02:20
- Time Keeping 00:04:02
- Steps for Controlling Overtime 00:03:10
- Traditional Methods of Time Keeping 00:05:15
- Labour Turnover 00:04:30
- Mechanical Time Keeping 00:08:03
- Labour turnover due to new recruitment 00:04:45
- Requisites of Good Time Keeping System 00:02:52
- Causes of Labour Turnover 00:06:28
- Time Booking 00:07:04
- Effects of Labour Turnover 00:03:57
- Introduction to Labour Costing 00:02:46
- Reconciliation Gate Card and Job Card 00:02:38
- Steps available for minimising labour turnover 00:02:55
- Difference between Direct and Indirect Labour Cost 00:02:24
- Objectives of Time Keeping 00:02:02
- Apportionment Methods of Common Expenses 00:10:34
- Introduction to Overheads Costing 00:03:57
- Bases of Apportioning Overheads 00:07:11
- Overheads Classification 00:02:58
- Reapportionment of Service Department Overheads 00:07:04
- Overhead by Functions 00:06:33
- Case Study on Direct Distribution Method 00:13:54
- Overheads by Nature 00:04:48
- Case Study Step Method 00:06:34
- Overheads by Element 00:04:53
- Case Study Simultaneous Equation Method 00:11:33
- Overheads by Controllability 00:02:15
- Case Study Repeated Distribution Method 00:21:36
- Advantages of classification of fixed and variable expenses 00:09:02
- Case Study Trial and Error Method 00:19:39
- Accounting and Cotnrol of Manufacturing Overheads 00:03:52
- Steps in estimating and absorbing overheads 00:10:53
- Allocation and Apportionment 00:02:25
- Types of Variances 00:04:42
- Setting up of Standard Cost 00:04:12
- Standard Costing Definition 00:02:24
- Physical Standards 00:03:24
- Material Quantity Standards 00:03:55
- Labour Time Standards 00:04:05
- Overhead Standards 00:01:21
- Problems in setting physical standards 00:06:15
- Types of Standards 00:06:01
- Need for Standard Costing 00:03:26
- Introduction to Standard Costing Techniques 00:02:55
- Process of Setting Standards 00:01:57
- Standardd Cost Definition 00:02:56
- Labour Rate Variance 00:01:40
- Labour Efficiency Variance 00:09:13
- Introduction to Standard Costing Variances 00:02:06
- Case Study Labour Cost Variance 00:06:21
- Material Cost Variance 00:04:19
- Comprehensive Case Study LCV 00:28:24
- Material Price Variance 00:03:42
- Overhead Cost Variance 00:03:22
- Material Usage Variance 00:09:16
- Production Volume Variance 00:08:16
- CS Material Cost Variance 00:05:57
- Overhead Expenses Variances 00:01:32
- Comprehensive Case Study on Material Cost Variance 00:11:04
- Variable Overhead Cost Variance 00:04:01
- MCV more than one material 00:15:21
- Comprehensive Case Study MCV 00:28:59
- Labour Cost Variance 00:05:33
- Case study bus fare 00:17:41
- Case Study Cost per absolute ton km 00:19:00
- Cost Sheet under Operating Costing 00:02:19
- Case Study evaluation of facilities 00:12:16
- Introduction to Operating Costing 00:04:22
- Case Study - Composite Units 00:06:19
- Difference between Variable and Fixed Cost 00:04:21
- Difference between Indifference Point and Break Even Point 00:01:30
- Cost Sheet Case Study 6 Simultaneous Equation 00:22:05
- Semi Variable Cost 00:02:20
- Shut Down Point 00:02:50
- Cost Sheet Case Study 7 Find Selling Price per unit 00:16:30
- Marginal Cost Sheet Format 00:02:55
- Case Study on Segregation of Fixed and Variable Cost 00:06:13
- Marginal Cost Equation 00:00:51
- Case Study Break Even Point 00:07:40
- Absorption Costing Format 00:01:10
- Case Study on Computation of Sales for Desired Profits 00:05:01
- Difference between Marginal Costing and Absorption Costing 00:03:31
- Case Study on Profit Volume Ratio and Break Even Point 00:11:30
- Introduction to Marginal Costing 00:01:16
- Contribution 00:00:57
- Computation of Price Volume Ratio and BEP 00:12:14
- Direct Costing 00:00:59
- Profit or loss and Contribution 00:01:41
- Case Study Marginal Costing Basic Computations 00:16:46
- Difference between Marginal Costing and Direct Costing 00:01:59
- Decision making Indicators of Marginal Costing 00:00:30
- Case Study Profit Volume Ratio and BEP 00:12:04
- Differential Cost 00:01:01
- PV Ratio 00:03:19
- Finding Fixed Cost, PVR and Sales 00:10:18
- Difference between Marginal and Differential Costing 00:02:29
- Indifference Point 00:03:48
- Marginal Cost Sheet and VC Interpretation 00:13:26
Welcome to Cost Accounting - A Comprehensive Study Course.
Yes! This is a comprehensive course because you are going to learn all the following in this single course:
a) Basics of Costing Accounting (22 Lectures covering Introduction to Costing, Cost Classifications and Cost Sheet)
b) Material costing (11 Lectures covering covering Basics of Material Costing)
c) Labour Costing (23 Lectures)
d) Overheads Costing (18 Lectures)
e) Standard Costing Techniques (13 Lectures)
f) Standard Costing Variances (17 Lectures)
g) Operating Costing (6 Lectures)
h) Marginal Costing(30 Lectures)
Altogether, you get to access 118 Lectures.
So, how this course is relevant for you?
If you a Professional course student in the line of Finance or Accounting, then you would have Cost Accounting as part of your major subject. This course will explain theory and practical concepts in Cost Accounting which will help you to excel in Academic Examinations.
If you are an Accounting or Finance or Cost Accounting Executive, this course will help you to brush up you basics in Cost Accounting and all the contents have immediate practical relevance and application.
With this course, you will be able to understand
-basic concepts and processes used to determine product costs;
-understand Cost Accounting Statements;
-solve simple case studies.This course is structured in self paced learning style.Video lectures were used for delivering the course content.
All the sections of this are also available as individual courses.
If you aspire to gain strong foundation in Cost Accounting, then this course is for you.
Happy Learning and Best Wishes!
Understand Basics of Cost Accounting, Material Costing, Labour Costing, Overheads Costing, Standard Costing Techniques, Standard Costing Variances, Operating Costing & Marginal Costing
Students can approach the course with fresh mind , No Prior Knowledge is required
Cost Accounting Students and Executives, Accounting Students and Executives, Finance Students and Executives, MBA Finance Students, B.Com., BBA, CA, CMA, CS, CFA, CPA, CIMA Students
Course Instructor
Ca raja natarajan
Chartered AccountantI am a practicing Chartered Accountant with tonnes of passion for teaching.
I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.
I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.
I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.
I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.