Coming soon
Cost Analysis and Control - Practical
This course will enable the students to apply cost analysis and control techniques to real-world business scenarios, enhancing their decision-making skills.
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Course |
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Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course title |
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24DATG814 |
Cost Analysis and Control – Practical (Practical)
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CO301: Analyze pricing under different market structures. CO302: Apply learning curve theory CO303: Analyze different methods of transfer pricing CO304: Apply transfer pricing for improved profitability and cost control. CO305: Apply Pareto Analysis for improved profitability and cost control. CO306: Contribute effectively in course-specific interaction |
Approach in teaching: Interactive Lectures, Discussions, Tutorials Problem solving sessions, Presentations.
Learning activities for the students: Self-learning assignments, Case Study Analysis, Presentations, Group Discussions.
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Continuous Assessment Test, Semester end Examinations, Quiz, Solving Numerical problems, Assignments, Class Presentations, Individual & group projects. |
● Conduct market research to analyze pricing under different market structures.(any one)
● Evaluate pricing policies and methods (cost-based, competition-based, value-based) through case studies
● Collect data from relevant industries to study and apply the learning curve theory.
● Analyze the relationship between cumulative production and unit costs
● Study and compare market-based, cost-based, and negotiation-based methods of transfer pricing.
● Analyse real-life transfer pricing decisions in different circumstances and industries.
● Apply Pareto Analysis in real-life scenarios to identify critical cost factors and prioritize improvement efforts.
● Jain, Khandelwal &Pareek, Cost Accounting Ajmera Book Company, Jaipur
● Agarwal, Jain, Sharma, Shah & Mangal, Cost Accounting Ramesh Book Depot, Albright, S. C., Winston, W. L., & Zappe, C. (2019). Data Analysis and Decision Making (6th ed.). Cengage Learning.
SUGGESTED REFERENCE BOOKS
● Arora, M.N.,Cost Accounting Principles and Practice, Vikas Publication, New Delhi
● Kishore R.M.., Cost Accounting Taxmann’s New Delhi
● Nigam, B.M Lal,& Jain, I.C. , Cost Accounting PHI, New Delhi
● Maheshwari, S.N, Cost Accounting Mahavir Publication
● JawaharLal, Cost Accounting Tata Mcgraw Hill, New Delhi
● Madegowda. J. Cost Accounting Himalaya Publishing House
e RESOURCES:
● https://devlibrary.in/manager ial and cost accounting/
● https://www.icsi.edu/media/website/CostAndManagementAccounting.pdf
● https://books.google.com/books/about/Cost_Accounting_Text_and_Problems.h...
Reference Journals:
● The Indian Journal of Commerce
● FIIB Business Review
