Weeks | Topics |
1 |
Definition, Scope and Objects of Cost Accounting
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2 |
Definitions of Expenses and Spending, Classification of expenses,
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3 |
Explanation of Cost Accounting, Cost of the Goods Sold and Income Statement through numeric examples
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4 |
Expenses, direct recognition of first material and materials, assigning optimal order amount, stock control
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5 |
Methods of material assessment( Averages, Method, FIFO, Standard Price Management and Market Price Management
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6 |
Accounting records of raw material expenses
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7 |
Labor costs(ascertaining labor types, measuring labor time)
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8 |
Midterm Exam
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9 |
Sample cost accounting application
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10 |
Definitions of Price Systems and Explanations through examples and Accounting records
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11 |
General Production Expenses (GPE), Classification, Capacity Concept and Variety, Estimating expenses and volume relations
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12 |
Distribution keys, Distribution methods (direct, graded, planned and mathematical distribution methods) Explanation through Numeric examples
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13 |
Setting up cost systems, Explanation of Order cost management through numeric examples
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14 |
Field Cost Management and explanation through numeric examples
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