Strategic Cost And Performance Management

Paper Code: 
25BCP612
Credits: 
03
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to acquire the ability to apply various cost management techniques for planning and controlling performance in order to set, monitor and control strategic objectives and to develop skills of analysis, synthesis and evaluation in cost management to address challenges and issues this might affect or influence the management of performance within organizations.

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

25BCP612

Strategic Cost and Performance Management (Theory)

 

CO 193 Develop cost management skill strategically in modern business environment and learn lean system and Innovation.

CO 194 Manage Cost Strategically for Emerging Business Models  and examine  Specialist Cost Management Techniques 

CO 195 Analyze Strategic Revenue Management, profit management.

CO 196 Examine strategic Performance Measures in private sector and not for profit organizations and prepare performance reports.

CO 197 Summarize Divisional Transfer Pricing and Standard Costing.

CO 198 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

 

Continuous Assessment Test, Semester End Examinations, Quiz, Solving Numerical Problems, Assignments, Class Presentations, Individual and group projects.

 

9.00
Unit I: 
Introduction to strategic cost management

·         An Introduction to Strategic Cost Management

·         Modern Business Environment

·         Lean System and Innovation 

9.00
Unit II: 
Cost management strategies

·         Specialist Cost Management Techniques 

·         Management of Cost Strategically for Emerging Business Models 

9.00
Unit III: 
Revenue Management strategies

·         Strategic Revenue Management

·         Strategic Profit Management 

·         An Introduction to Strategic Performance Management  

9.00
Unit IV: 
Performance Measurement I

·         Strategic Performance Measures in Private Sector 

·         Strategic Performance Measures in the Not-for-Profit Organisations 

·         Preparation of Performance Reports

9.00
Unit V: 
Performance Measurement I

·         Divisional Transfer Pricing:

·         Standard Costing:

·         Case Study (covering Course Concepts)

Essential Readings: 

·         Study Material Published by Institute of Chartered Accountants of India

SUGGESTED READINGS:

·         Scanner-Arun Kumar (Suchitra Prakashan (P) Ltd)

References: 

E-RESOURCES:

·         https://www.icai.org/post/self-paced-online-modules-nset

JOURNALS:

·         The Chartered Accountant Journal /ICAI Student Journal

Academic Year: 
2025-2026
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