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REVISION CHECK LIST FOR CA FINAL COSTING

REVISION CHECK LIST FOR CA FINAL COSTING

 Nothing can come in your exam, beyond this check list.

Indirectly it covers Everything.

 

How to use this check list?

During self study – start a topic that carries high weightage of marks and less volume of concepts E.g. Throughput Accounting. This way, proceed to complete the entire syllabus.

On the day before exam – use this check list to recapitulate the concepts or technical sums behind each concept mentioned w.r.t a specific chapter.

The best part is that you wouldn’t miss on any important thing in the chapters that you are studying acheter pilule viagra.

 

What if some part haven’t been covered in preparation?

 If you feel that the time when you have studied the Costing for your exams, did not cover any or more of the topics or concepts listed above then  –

Option 1: Refer to Latest edition of ICAI MAT

Option 2: Avail Free Resources – Video Gallery and E-Library Section of our website – www.sjc.co.in

Option 3: Join our Revision Course – 14 classes @ 3 hrs each – details on – https://sjc.co.in/course/ca-final-costing-amendments-nov-2016/

 

 

Sl. No. Chapter Name Marks Latest Changes and Upgrades Existing Concepts
1 Activity Based Costing 10 Break Even with ABC Traditional Cost System Vs Activity Based System
Direct Product Profitability Based Variance Analysis of Activity Based Cost
Customer Profitability Analysis Based
Case Study Based Applicability of ABC
2 Target Costing 5 Value Chain Analysis for Cost Reduction Steps in Target Costing
Case Study Based Value Analysis Value Engineering and Value Analysis
Kaizen Costing
3 Pricing Policies (External) 5 Pareto Analysis – Practical Questions Return on Investment Pricing Calculations
Case Study Based Pricing Strategies Selection Cost Sheet Based Questions
Calculas Based Optimum Price Determination
4 Budget 8 Budget Variance with Responsibility Accounting Budget Ratios
Budget Variance with Performance and Summary Budgeting Cash Budgets
Budget with Inventory Control and Stock levels
Applications of Zero Based Budgeting
5 Standard Costing 10 Standard Costing – Selling Cost Variances WIP Effect
Profit Reconciliation – New Variety with Marginal costing Profit Reconciliation – all varieties
Case Study Based Question on CSF Mix, Yield, Capacity,Efficiency, Market Size, Market Share Variance
Chart of Standard Costing Formulas Missing Figures Problem
Planning, Operating and Traditional Variances
Standard Cost Determination Based on Learning Curve
Single Plan and Partial Plan Accounting Features
6 Balanced Score Card and Profitability 5 Case Study Based Questions on Perspectives and KPI Identification Four Perspectives of Score Card with examples
Profitability Analysis into Growth, Price Recovery and Productivity / Cost Leadership, Product Differentiation and Market Share
7 Relevant Costing 8 Chart of Relevant Costing Concepts Different Approaches of Evaluation
Concept of Minimum Price
Relevant Cost of Material, Labour, Overheads and Depreceiation
8 Transfer Pricing 10 Calculas Based Optimum Price Determination Cost Centre and Profit Centre Disticnction
International Taxation Based Questions Goal Congruency – Meaning and Importance
Case Study Based Questions Transfer Price based on Opportunity Cost/ Goal Congruency
Strategy Based Questions
Dual Tariff, Shared Profit Transfer Pricing
9 CVP Analysis 5 Probability Based Break Even Analysis Break Even Point and Potential Break Even Point
Sensitivity Analysis Combined Break Even Point for multi products
Multiple Break even Point for slab fixed costs
Indifference Point for evaluation of alternatives
Shut Down Point for Shutdown or Continue decision
10 Decision Making 10 Chart of Decision Making Make or Buy – Using Relevant Costing or Indifference Point
List of Tips to Read the Questions Key Factor/ Principle Budgeting Factor – Different Situations
Sub Contracting – with Incremental Fixed Costs
Export Offers – Using Incremental Approach
Any other – using Relevant Costing Approach
11 Total Quality Management 5 Four Types of Quality Cost
Six Sigma
Six C’s of Quality
P’s of Quality
PDCA Cycle
Incremental Approach to Evaluate Quality Programmes
12 TOC or Throughput Accounting 5 Drum – Buffer – Rope Theory Concept Three Perspective of TOC
Synchronous Manufacturing – Optimised Prodcution Technology
MRP and MRP II
Throughput Accounting – Constraint or Bottleneck Optimisation
Overall profit Statement under Throughput Accounting
13 Service Sector 5 Utility Services Break Even Point in Services
Airlines
14 Just In Time 5 Backflush Costing Journal Entries Just In time Features
JIT Production Kanban Authorisation
JIT Purchase Backflush Costing System
Practical Problems based on Incremental Approach
15 Life Cycle Costing Practical Questions based on Profitability Statement Theory on Phases in Product Life Cycle
Practical Question Based on Learning Curve
16 LP Formulation and Graph 8 Comparative Study of LP Methods Chart Conditions of LP
Formulation
Unbounded Minimisation and Maximisation Problems
Graphical Method
17 Simplex Situations of Constraints
Steps to Solve
Sensitivity Analysis – Interpretations
18 Assignment 10 Chart of Hungarian Rule Hungarian Rule Steps
Special Cases Implication
Airlines Idle Time Minimisation
Travelling Salesman Cycle Optimisation
19 Transportation Chart of VAM and Optimality Test Initial Solution Methods – NWCR, LCAM, VAM
Steps to solve full problem
Special Cases Implication
Sensitivity Analysis – Interpretations
Solving Transportation Problem by Hungarian Rule
20 Project Management 8 Errors in Network
Time Schedule and Float Analysis
Updating the Network
Crashing of Network
PERT – S.D., Variance, Expected Time, Probability of Completion
Resource Allocation Table
21 Simulation 8 Cakes – Simulation
Dentist Chamber – Simulation
Bank or Service Counter Simulation
Assembly Line Simulation
Inventory Control – Book Store Simulation with Lost demand
22 Learning Curve Applicability of LCT
Relationship expressed in Learning Curve Theory
Direct Prediction
Use of Learning Curve Equation
Use of Learning Curve Table
Pricing and Standard Cost Computation using LCT
Determining the values where learning stops
23 Theory Exclusives List of Theory Questions and Case study based Questions Sleeping Capsule Book on SJC’s website – E-library Section

 

 

February 14, 2017

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