Day No. | Chapter No. | Topics Covered | Duration (HH:MM:SS) |
1 | 6 | Decision Making : - Elements of Cost
- Cost Sheet Format
- Division of Cost for Marginal Costing
- Behaviour of Cost i.e. CVP Analysis
- Relevant & Irrelevant Cost
- Use of Cost BEP in decision making
| 01:05:27 |
2 | 6 | - Make or Buy Decision
- Key Factor Concept with example
- Use of LPP technique in decision making
- Absorption Costing v/s Marginal Costing
| 00:41:37 |
3 | 6 | - Opportunity Cost Concept with example
- Minimum Pricing Decision
- Ethical & Non-Financial Considerations
- Activity Based CVP Analysis
- Calculation of BEP under ABC
- Learning Curve Theory with example
| 00:51:56 |
4 | 7 | Pricing Decision : · Various methods of pricing · Profit maximization model · Pricing below marginal cost · Pricing of new products · Market entry strategies · Price discrimination policy · Use of learning curve in pricing decision | 00:55:58 |
5 | 1 | Introduction to Strategic Cost Management : · Difference between Traditional v/s Strategic Cost Management · Value Chain Analysis (VCA) · Types of Activities under VCA · Competitive advantage & customer value | 00:42:41 |
6 | 2 | Modern Business Environment : · Meaning of modern business environment · The concept of TQM · Six C’s of TQM · Cost of Quality (COQ) and · Business Excellence (BE) Model | 00:49:37 |
7 | 2 | · Throughput Accounting (TA) · Theory of Constraints (TOC) · Procedure of TOC with example · Supply Chain Management (SCM) · Downstream & Upstream SCM · Push & Pull Model of SCM | 00:43:08 |
8 | 3 | Lean System & Innovation : · What is lean system · Various techniques of lean system · JIT system · Backflushing in JIT · Cellular manufacturing · Kaizen costing | 00:45:52 |
9 | 3 | · 5 ‘S’ concept · Six Sigma concept with DMAIC & DMADV · Total Productive Maintenance (TPM) · OEE and its formula · Process Innovation (PI) · Business Process Re-engineering (BPR) | 00:53:00 |
10 | 4 | Cost Management Techniques : · Difference between Cost Control & Cost Reduction · Target Costing · Value Analysis and Value Engineering | 00:42:11 |
11 | 4 | · Product Life Cycle (PLC) Costing · Pareto Analysis · Environmental Management Accounting (EMA) | 00:41:27 |
12 | 5 | Cost Management for Specific Sectors : · Power sector · Agriculture sector · Information technology sector | 00:43:40 |
13 | 10 | Strategic Analysis of Operating Income : - Activity Based Costing (ABC) v/s Traditional Absorption Costing
- Product Profitability Analysis
- Customer Profitability Analysis
- Strategic Profitability Analysis
- Direct Product Profitability (DPP)
| 00:37:47 |
14 | 10 | · Activity Based Cost Management (ABM) · Manufacturing Cycle Efficiency (MCE) · Activity Based Budgeting (ABB) | 00:27:38 |
15 | 11 | Budgetary Control : - What is Budget and Budgetary Control
- Difference between Standard Costing & Budgetary Control
- Types of Budgets
- Preparation of Functional Budgets
- Preparation of Flexible Budgets
- Importance of Flexible Budget
| 00:34:08 |
16 | 11 | · Feedback & Feed Forward Control · Behavioural aspects of Budgetary Control · Participation in Budget Setting Process · Beyond Budgeting | 00:50:32 |
17 | 12 | Standard Costing : - Process of Standard Costing
- Types of Variances
- Formulae of Material Cost Variances
- Formulae of Labour Cost Variances
- Formulae of Overhead Cost Variances
- Formulae of Sales Variances
| 01:15:47 |
18 | 12 | · Profit Variances – Master Flowchart · Reconciliation of Profit – Absorption Costing Approach · Reconciliation of Profit – Marginal Costing Approach and · Market Size & Market Share Variance | 00:54:55 |
19 | 12 | · Revision Variance – i.e. Planning & Operational Variance · Variance Analysis with ABC · Variance Analysis with Learning Curve | 01:05:19 |
20 | 8 | Performance Measurement & Evaluation : - Types of Responsibility Centers
- Types of Performance Measures – i.e. Financial & Non-financial measures
- Return on Investment (ROI) Method
- Residual Income (RI) Method
- Economic Value Added (EVA) Method
- Shareholders Value Added (SVA) Method
| 00:40:40 |
21 | 8 | · Triple Bottom Line · Balanced Score Card · Performance Pyramid · Building Block Model · Performance Prism · Benchmarking Process · Performance of Not for Profit sector | 00:49:36 |
22 | 9 | Divisional Transfer Pricing : - What is Transfer Pricing
- Objectives of Transfer Pricing
- Methods of Transfer Pricing
- Goal Congruence in Transfer Pricing
- Range of Transfer Price
- Methods to resolve TP conflicts
- International Transfer Pricing
| 00:59:43 |
| | Total Duration ( 18 Hours approx ) | 17:52:52 |
