SVKMs Narsee Monjee Institute of Management Studies

Name of School Anil Surendra Modi School of Commerce

Program: B.B.A. Semester : II

Course : Cost Accounting Code:

Teaching Scheme Evaluation Scheme

Internal Continuous Term End
Lecture Practical Tutorial Credit Assessment (ICA) Examinations (TEE)
(weightage) (weightage)
60 40 marks 60 marks

Internal Component Assessment (40 marks for UG / 50 Marks for PG) break up

ICA 1 ICA 2 ICA 3 ICA 4

Class Test Journal Class Test
20 marks 10 marks 10 marks
Learning Objectives:

To help students acquire conceptual knowledge of different elements of cost and different methods of costing

Learning Outcomes:

To enable students to conceptualize various methods and techniques of cost accounting and its application.
Pedagogy
Class exercises, Chalk talk, Diagrammatic representations, Caselet and Assignments.

Detailed Syllabus: ( per session plan )

Module Module Wise

Module Module Content Module Wise Wise Reference Books
Pedagogy Used Duration
1 Introduction to cost accounting Introduction to Class exercises, 02 Cost Accounting
Costing and Cost accounting, Comparison Assignments, - Principles and
between Financial & Cost accounting, Cost Caselet, Chalk talk Practice by M.N.
concepts & elements Arora (12th
Edition)
Page 1.1 to 1.50
2 Methods of Costing: Unit Costing Cost sheet, Class exercises, 08 Cost Accounting
Job & Batch Assignments, Case Principles and
lets, Chalk talk Practice by M.N.
Arora (12th
Edition)
Page 6.1-6.41
Job costing :
 SVKMs Narsee Monjee Institute of Management Studies

Name of School Anil Surendra Modi School of Commerce

Page 7.1-7.5,
7.8-7.16

Cost &
Management
Accounting by
Ravi M. Kishore
(6th Edition)
Page 291-301,
304-314
3 Material: Inventory control & techniques, Class exercises, 08 Cost Accounting
Methods of pricing of material issues (FIFO, Assignments, - Principles and
simple average and weighted average) & Caselet, Chalk talk Practice by M.N.
treatment of material losses Arora (12th
Edition)
Page 2.1-2.21,
2.32-2.42, 2.49-
2.70, 2.78-2.83

Cost &
Management
Accounting by
Ravi M. Kishore
(6th Edition)
Page 78-82, 87-
95.

4 Labour Costing: Accounting & control and Class exercises, 02 Cost Accounting
treatment of Idle time under labour cost. Assignments, - Principles and
Caselet, Chalk talk Practice by M.N.
Arora (12th
Edition)
Page 3.1-3.7, 3.18-
3.21, 3.27-3.30
5 Overhead: classification, allocation, Power point 12 Cost Accounting
apportionment and absorption of overhead. presentation, Principles and
Under- and over-absorption Diagrammatic Practice by M.N.
representation, Arora (12th
Class exercises, Edition)
Assignments, Page 4.1-4.33,
Caselet. 4.37-4.101

Cost &
Management
Accounting by
Ravi M. Kishore
(6th Edition)
 SVKMs Narsee Monjee Institute of Management Studies

Name of School Anil Surendra Modi School of Commerce

Page 145-153,
161-165, 173-181,
185-190
6 Methods of Costing: Process costing, equivalent Class exercises, 12 Cost Accounting
production i.e. valuation of work in process, Assignments, Principles and
treatment of Losses. Caselet, Chalk talk Practice by M.N.
Arora (12th
Edition)
Page 9.1-9.74

Cost &
Management
Accounting by
Ravi M. Kishore
(6th Edition)
Page 315-325

7 Methods of Costing: Contract costing Class exercises, 08 Cost Accounting

Problems, escalation clause, cost plus contracts Assignments, Principles and
Caselet, Chalk talk Practice by M.N.
Arora (12th
Edition)
Page 8.1-8.26,
8.34-8.39, 8.41-
8.42

8 Reconciliation of Cost and Financial accounts Class exercises, 04 Cost Accounting

Reconciliation statements Assignments, Principles and
Caselet, Chalk talk Practice by M.N.
Arora (12th
Edition)
Page 13.1-13.30

Cost &
Management
Accounting by
Ravi M. Kishore
(6th Edition)
Page 241-254

9 Accounting Systems: integral and non-integral Class exercises, 04 Cost Accounting

systems Assignments, Principles and
Caselet, Chalk talk Practice by M.N.
Arora (12th
Edition)
 SVKMs Narsee Monjee Institute of Management Studies

Name of School Anil Surendra Modi School of Commerce

Text Books:

Reference Books:
Arora, M.N. - Cost Accounting Principles and Practice. Vikas Publishing House, New Delhi.
Ravi M. Kishore Cost & Management Accounting Taxmann Publications Pvt. Ltd., New Delhi.
Shukla, M.C., T.S. Grewal and M.P. Gupta. Cost Accounting: Text and Problems. S. Chand & Co. Ltd.,
New Delhi.
Maheshwari, S.N. and S.N. Mittal. Cost Accounting: Theory and Problems. Shri Mahabir Book Depot,
New Delhi.
Saxena Vashist. Cost management Sultan Chand, New Delhi
ICAI study material.

Prepared by:
Nidhi Navalkha/Asmita Gupta/Ami Sundhani

Approved by:

Signature Signature
(Concerned Faculty/HOD) (Dean)