How to Study Cost and Management Accounting

Sequence of Studying Cost and Management Accounting

by CS Executive Online Video Lectures Classes

If you are planning to study Cost and Management Accounting. Then I will suggest certain categories in which you can study the Same. Costing Paper can be divided into following Groups

Groups in Cost and Management Accounting

Group V Consisting of

1. Ratios
2. Common Size Statement and Comparative Statement
3. Cash Flow Statemet
4. Funds Flow Statement

Group W Consisting of

1. Cost Sheet
2. Reconciliation Statement
3. Integrated and Non-Integrated Costing
4. Job Batch Costing
5. Operating Costing
6. Machine hour rate (Part of Overhead Chapter)

Group X consisting of

1. Contract Costing
2. Process Costing
3. Joint and By-Product

Group Y consisting of

1. Overheads
2. Material
3. Labour


Group Z Consisting of

1. Budgetary Costing
2. Marginal Costing
3. Standard Costing

Sequence of Study

You can follow any of the Following Sequence

• V-----------W---->X----->Y----->Z
• Z----->X----->W---->Y----------V
• X----->Z----->W---->Y-----------V

You may follow any of the above sequence but Finish ONE GROUP at a time in the SEQUENCE mentioned within the Group

Best of Luck
CA Mkjain

 

 

TOPIC

How to study Cost and Management Accounting