ACCOUNTING

Difference Between Marginal Costing and Absorption Costing in Income Measurement

Absorption Costing: A System for Profit Reporting and Stock Valuation

Cost-Volume-Profit (CVP) Analysis: A Comprehensive Overview

Calculation of Break-Even Point, Margin of Safety, and Break-Even Analysis

Variance Reporting to Management

Benchmarking for Establishing Standards

Variance Analysis for Materials, Labor, and Overheads and Accounting Treatment of Variances

Installation of a Standard Costing System for Material, Labour, and Overhead

Various Types of Standard Costing

Identification of Cost Units, Cost Determination, and Cost Control

Unit Costing and Multiple Costing: Application and Analysis

Joint Products, By-Products, and Accounting

What is Inter-Process Profit?

Equivalent Units in Accounting

Overview: Collecting Direct Costs

Understanding Process Loss, Abnormal Loss, and Abnormal Gains

Features, Applications, and Types of Process Costing

Contract Profit and Accounting Entries

Accounting for Material and Plant Used in a Contract

Understanding Job Cost Cards

Understanding Unit and Output Costing & Job Costing

Relationship of Cost Accounting, Financial Accounting, Management Accounting, and Financial Management

Tools and Techniques of Management Accounting

Management Accounting: Evolution, Meaning, Objectives, and Scope

Theorems for Bond Valuation and various approaches explained with illustrations