CA-IPCC Cost accounting and financial Management by CA Raj K Agrawal

Course Discontinued

This course is no longer available and has been discontinued

Topic Name	Faculty	Topic Length
Cost Accounting (Rs. 4599.00)		Enroll Now
Introduction to Cost Accounting Objectives and scope of Cost Accounting Cost centres and Cost units Cost classification for stock valuation Elements of Cost Cost behaviour pattern	CA Raj K Agrawal
Cost Ascertainment Material Cost Procurement procedure Stock verification Techniques of fixing of minimum, maximum and reorder levels Economic Order Quantity ABC classification Stocktaking and perpetual inventory Inventory accounting	CA Raj K Agrawal
Employee Cost Overtime Idle time Labour turnover Utilization of labour, Direct and indirect labour, Charging of labour cost Efficiency rating procedures Remuneration systems and incentive schemes	CA Raj K Agrawal
Direct Expenses	CA Raj K Agrawal
Overheads Factory, Administration, Selling, Distribution, Research and Development Behavioral analysis - Fixed, Variable, Semi variable and Step cost Factory Overheads - Primary distribution and secondary distribution Criteria for choosing suitable basis for allotment Fixed absorption rates for absorbing overheads to products or services Administration overheads - Method of allocation to cost centres or products Selling and distribution overheads - Analysis and absorption of the expenses in products/customers	CA Raj K Agrawal
Cost Book-keeping Cost Ledgers-Non- integrated accounts, Integrated accounts Reconciliation of cost and financial accounts.	CA Raj K Agrawal
Costing Systems Job Costing Job cost cards and databases, collecting direct costs of each job, Attributing overhead costs, Application of job costing Batch Costing Contract Costing Progress payments, Retention money, Escalation clause, Contract accounts, Accounting for material, Accounting for plant used in a contract, Contract profit and Balance sheet entries. Process Costing Double entry book keeping, Process loss, Abnormal gains and losses, Equivalent units, Inter-process profit, Joint products and by products. Operating Costing System	CA Raj K Agrawal
Introduction to Marginal Costing Marginal costing compared with absorption costing, Contribution, Breakeven analysis and profit volume graph.	CA Raj K Agrawal
Introduction to Standard Costing Various types of standards, Setting of standards, Basic concepts of material and Labour standards and variance analysis.	CA Raj K Agrawal
Budget and Budgetary Control The budget manual, preparation and monitoring procedures, budget variances, flexible budget, preparation of functional budget for operating and non operating functions, cash budget, master budget, principal budget factors	CA Raj K Agrawal

Financial Management (Rs. 4099.00)		Enroll Now
Scope and Objectives of Financial Management Meaning, Importance and Objectives Conflicts in profit versus value maximization principle Role of Chief Financial Officer	CA Raj K Agrawal
Time Value of Money Compounding and Discounting techniques - Concepts of Annuity and Perpetuity	CA Raj K Agrawal
Financial Analysis and Planning Ratio Analysis for performance evaluation and financial health Application of Ratio Analysis in decision making Analysis of Cash Flow Statement	CA Raj K Agrawal
Financing Decisions Cost of Capital - Weighted average cost of capital and Marginal cost of capital Capital Structure decisions - Capital structure patterns, Designing optimum capital structure, Constraints, Various capital structure theories Business Risk and Financial Risk - Operating and financial leverage, Trading on Equity	CA Raj K Agrawal
Types of Financing Different sources of finance Project financing - Intermediate and long term financing Negotiating term loans with banks and financial institutions and appraisal thereof Introduction to lease financing Venture capital finance	CA Raj K Agrawal
Investment Decisions Purpose, Objective, Process Understanding different types of projects Techniques of Decision making: Non-discounted and Discounted Cash flow Approaches - Payback Period method, Accounting Rate of Return, Net Present Value, Internal Rate of Return, Modified Internal Rate of Return, Discounted Payback Period and Profitability Index Ranking of competing projects, Ranking of projects with unequal lives	CA Raj K Agrawal
Management of Working Capital Working capital policies Funds flow analysis Receivables management Management of cash and marketable securities Financing of working capital	CA Raj K Agrawal

Cost Accounting by CA Raj K Agrawal focuses on developing the basic concepts that help determine product costs, cost control, and reduction. It helps in evaluating the information for cost ascertainment, planning, control, and decision making. It covers topics like cost classification for stock valuation and profit measurement, coding systems, the relation between Cost Accounting, Financial Accounting, Management Accounting, and Financial Management, cost book-keeping, among others. The course objective is to help students interpret cost accounting statements. The paper also focuses on Costing Systems designed to monitor costs incurred by a business by introducing students to Job Costing, Marginal Cost, Standard Cost, and budget control.

The Financial Management section of the paper helps aspirants in understanding concepts related to management and financing of working capital. This includes funds flow analysis, management of cash, and marketable securities. The section helps develop the ability to analyze and interpret financial analysis tools and planning. It covers discounting and compounding techniques, ratio analysis for performance evaluation, and analysis of cash flow statements. The paper introduces aspirants to different financing types and various methods of investment decisions. The ultimate aim is to enable the aspirants to solve simple cases relating to costing and financial management in a way that it benefits the business.

Meet Your Instructor

CA Raj K Agrawal

Chartered Accountant

Raj K Agrawal, qualified Chartered Accountancy with all India 27th rank in CA Final and all India 29th rank in CA PE-I. He has been a consistent school and college topper.He is endowed with the passion of winning as evidenced through demonstrated excellence in Academics and Teaching Career. He is Educator of a renowned commerce coaching class at Varanasi. He has authored several books for professional courses. His primary focus is on enhancing student’s knowledge theoretically and practically as well as focused preparations to ensure success in the examinations and to achieve professional expertise.