Course Outcomes |
Learning and teaching strategies |
Assessment Strategies |
On completion of this course, the students will be able to: CO 119: Assess the government budget and compare them with the actual performance. CO 120: Apply the concept of service costing to determine the cost and profit in a service industry. CO 121: Understand the concept of process and flow of accounts from one process to another and apply the concept to find out the profit or loss. CO 122: Apply the concept of marginal costing and take various managerial decisions. CO123: Demonstrate knowledge regarding preparation of fixed flexible, sales, production and master budget. |
Discussion, Tutorials, Reading assignments, demonstration
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Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects. |
Group discussion on comparison of government budget with their actual performanc
Case study of an organization providing services and application of operating costing.
: Case study of an organization engaged in manufacturing consisting of many processes and application of process costing.
Case Study on Cost volume Profit Analysis and application of Marginal costing.
Preparation and comparative analysis of flexible /fixed/sales/production/ master/cash budgets among various manufacturing firms
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Advance Cost Accounting: Oswal, Maheshwari, Modi (Ramesh Book Depot)
E-READINGS:
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https://devlibrary.in/managerial-and-cost-accounting/
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https://www.icsi.edu/media/website/CostAndManagementAccounting.pdf
JOURNAL:
· The Indian Journal of Commerce
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FIIB Business Review
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Vikalpa: Journal for Decision Makers