Basics of Cost Accounting : 1.1 Introduction, 1.2 Important Concepts, 1.3 Financial Accounting, 1.3.1 Limitations of Financial accounting, 1.4 Origin of Cost Accounting, 1.5 Objectives of Cost Accounting, 1.6 Advantages of Cost Accounting, 1.7 Limitations of Cost Accounting, 1.8 Difference between Financial Accounting & Cost Accounting, 1.9 Cost Unit and Cost Center, 1.10 Role of Cost Accountant in an Organization
Elements of Cost and Cost Sheet : 2.1 Introduction, 2.1.1 Material, 2.1.2 Labour, 2.1.3 Expenses, 2.2 Classification of Cost, 2.3 Preparation of Cost Sheet, 2.4 Summary of Cost Sheet, 2.5 Items to be excluded from Cost sheet OR Non-cost Items, 2.6 Illustrations
Purchase Procedure : 3.1 Introduction, 3.1.1 Direct Material, 3.1.2 Indirect Material, 3.2 Material Control, 3.2.1 Need and Essentials of Material Control, 3.3 Purchase Department, 3.3.1 Purchasing, 3.3.2 Functions of Purchase Department, 3.3.3 Purchasing Procedures, 3.4 Purchase Documents, 3.4.1 Purchase Documentations
Inventory Control : 4.1 Introduction, 4.2 Methods of Inventory Control, 4.2.1 Stock level, 4.2.2 Economic order Quantity, 4.2.3 ABC Analysis, 4.2.4 Perpetual and Periodic Inventory Control, 4.2.5 Physical verification, 4.3 Inventory Turnover Ratio