|
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
|
