Cost Accounting Barkatullah University BCOM 2025-26 1st Year Notes

Unit 1 [Book]
Principle of best utilization of resources in ancient Indian tradition VIEW
Product costing in Ancient business VIEW
Economic Models VIEW
Relationship between Business ethics and cost control VIEW
Meaning, Scope, and Advantages of Cost Accounting VIEW
Difference between Cost Accounting and Financial Accounting VIEW
Cost Accounting Standard VIEW
Costing Records VIEW
Accounting Auditing Rules VIEW
Unit 2 [Book]
Material Costing VIEW
Procurement of materials VIEW
Inventory Management and Control VIEW
Inventory Accounting VIEW
Cost Price Method LIFO, FIFO, HIFO, Average cost method, Inflated price method VIEW
Physical Verification of Inventory VIEW
Slow and Non-moving Stock VIEW
Treatment of Losses. Scrap, Spoilage, Defective and Normal, Abnormal Wastage VIEW
Unit 3 [Book]
Labour Costing and Labour Cost Accounting VIEW
Control of labour cost VIEW
Time Keeping VIEW
Time Booking VIEW
Payroll VIEW
Overtime VIEW
Idle Time VIEW
Labour Turnovers VIEW
Fringe Benefits VIEW
Employee Cost Reporting VIEW
Methods of Wage Payments and Incentives Schemes-Halsey, Rowan, Taylor VIEW
Unit 4 [Book]
Overhead Expenses VIEW
Unit Costing, Concept and Classification VIEW
Calculation of Unit Costing and Preparation of Cost Sheet VIEW
Job Costing VIEW
Allocation and Absorption of Overhead Expenses VIEW
Under Absorption VIEW
Over Absorption VIEW
Capacity Level of Cost VIEW
Treatment of certain items in Costing like Interest on Capital VIEW
Packaging Expenses VIEW
Bad Debts VIEW
Research and Development Expenses VIEW
Unit 5 [Book]
Contract Costing VIEW
Sub Contract Costing VIEW
Process Costing (excluding Process Losses) VIEW
Joint Products VIEW
By-Products VIEW
Unit 6 [Book]
Operating Cost Accounting: Transportation and Hotel Service Costing VIEW
Integral Cost Accounting VIEW
Non-Integral Cost Accounting VIEW
Reconciliation of Cost Accounting Records with Financial Accounts VIEW

 

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