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Costing ca final may 14

Zoya Khan (ABC) (800 Points)

10 March 2014

I have heard that Sanjay Aggarwal sir is holding Amendment classes for costing. IS that true? Are there changes in syllabus of costing?

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22 Replies

CA Saroj Kumar (Keen to learn something new every moments) (2588 Points)
Replied 10 March 2014

yes might be any changes but it not for may 2014 itself it will be for Nov 2014.

anmol (Article) (29 Points)
Replied 11 March 2014

plz share the timings...

caaspirant (349 Points)
Replied 11 March 2014

What ??? Am not aware about any changes for may 14 specifically. But yes material was revised making certain changes in theory part only which were seperately given at the start of institue's module. Haan then it must be for nov 14 exams dear.

Ankit (Student) (661 Points)
Replied 11 March 2014

As per sanjay sir's fb status update he is taking amendment class app fr may'14 alsp.. Bt at the same point no such announcement from institute.. So these are those things which sir do not cover earlier n has named them as amendemnts..

Ankit (Student) (661 Points)
Replied 11 March 2014

Sanjay sir fb update.. CA Sanjay Aggarwal Dear students, “UPDATE YOURSELF” Series # 1 New Topics added in Costing (Final) classes recently:- 1:- Application of Learning Curve concepts in “Standard Costing” Similar Question has been incorporate in RTP Nov.13 by the ICAI. 2:- Use of “Activity Based Costing” in Decision Making”. Similar questions have been as had in ICWA examinations. 3:- Concept of “Classification of Idle Time”. Now we can divide idle time into “ Normal Idle Time” and “Excess Idle Time”. Similar question has been asked in CIMA London. “UPDATE YOURSELF” Series # 2 1:- A Concept of “Allocation of Indirect cost on products” using ABC Analysis which is also called “DPP” (Direct Product Profitability) (Similar Questions have been asked in CIMA London) 2:- Practical illustrations added in “Back Flush Costing” Concepts (Refer RTP by ICAI) 3:- The Concept of “Customer Profitability Analysis” enlarged and further elaborated. (Similar questions have been asked recently in CIMA london.) “UPDATE YOURSELF” Series # 3 1:- Practical illustrations on “Decision Making on joint products/By Products” (Similar question has been recently asked in attempt). 2:- Disposal of Variance “For fixing responsibilities among employees. Practical questions added. (Similar questions have been asked in CIMA). 3:- “Activity Based Costing system in service sector” elaborated in practical illustrations. “UPDATE YOURSELF” Series # 4 1:- Application of Learning Curve with Target Csoting, Life cycle Costing (Refer RTP by ICAI) 2:- Practical Approach in Pareto Analysis. (Refer RTP by ICAI) 3:- Application of Activity Based Costing approach with Standard Costing. “UPDATE YOURSELF” Series # 5 1:- Application of Learning Curve with Capital Budgeting (Similar Questions have been asked in ICWA exams) 2:- Application of ABC with Service Sector. (Similar Questions asked in ICAI Exams) 3:- Application of Tax (as per Co. Act & Income Tax Act) in CVP Analysis. Application of ABC in life cycle costing. For amendment class enroll yourself at Our enquiry No. 01143053800, 9818555803, 8802709740

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CA Saroj Kumar (Keen to learn something new every moments) (2588 Points)
Replied 11 March 2014

yes thse tpics are already in sylbs but its all above are advance vrrsion of previous concepts. so once go through them.

ABHISHEK JINDAL (ARTICLE) (92 Points)
Replied 11 March 2014

pls send some material

caaspirant (349 Points)
Replied 11 March 2014

This is confusing. Anyway i have got the latest edition of book. I will do that completely. Not bothered about such classes

Saurabh Anokhchand Jain (Chartered Accountant) (1043 Points)
Replied 11 March 2014

hii please share notes or other study material for the same

CA ANKUSH AGGARWAL (CHARTERED ACCOUNTANT) (2782 Points)
Replied 11 March 2014

This is new tactic of so called Great teacher.......first of all costing is not a taxation subject so there is no such thing called AMENDMENT.No changes have been there in the syllabus.No introduction of new topic neither deletion except Hypothesis and time series analysis.Secondly,any changes in study material are printed on the first page of the latest study material i.e. jan 2013 edition.These teachers are just updating themselves now.So dont panic...nd refer your coaching material, practice manual ans study material.i have scored exemption in nov 13 by following that.

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CA Saroj Kumar (Keen to learn something new every moments) (2588 Points)
Replied 11 March 2014

yes there is also ammendment concepts in costing its requireecas per latest procedural followed in mkt. and more importnt is ca faculty alredy hve notified about this mattr in nation conventionl held in decembrr at delhi itself.....so there might be any such type of ammendments. however sanjy agrwal sir taking himslf an initiative for the student from RTP nd other manuals of institute... publicly institute has not yet notified abut any changed.

CA ANKUSH AGGARWAL (CHARTERED ACCOUNTANT) (2782 Points)
Replied 11 March 2014

I am hearing about such amendments for one year.Any changes in course or study material are explicitly defined at the beginning of the module.As regards Sanjay sir,i m not here to criticise him but I had referred his previous year amendment class notes and to my amaze all those questions were already done by me.And any change in costing pratices in industry will be introduced as changes in study material.It will be either introduction of topics or simply more matter on existing topics.Previous year,i have heard there are amendments in Transfer pricing but there was nothing but questions from Practice manual involving strategy formation.

Please find attached changes introduced in latest edition.These are very important for examination point of view.

Attached File : 222168 1296199 28999sm finalnew cp initialpages.pdf downloaded: 379 times

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