What You'll Learn
Fundamentals of Cost Accounting and Cost Concepts
Cost Classification & Elements of Cost
Preparation of Cost Sheets
Material, Labour & Overhead Costing
Inventory Management & Cost Control
Cost Accounting Standards (CAS 1–24)
Cost Bookkeeping & Integrated Accounting System
Reconciliation of Cost & Financial Accounts
Job, Batch, Contract & Process Costing
Operating Costing (Transport, Hotel & Healthcare)
Computation of GST Liability
Joint & By-Product Costing
Marginal Costing & Decision Making
Cost-Volume-Profit (CVP) Analysis
Standard Costing & Variance Analysis
Budgeting & Budgetary Control
Cost Optimization Techniques
Practical Cost Computations & Numerical Problems
COURSE CURRICULUM
Module 1 – Introduction to Cost Accounting
Topics Covered:
- Introduction to Cost Accounting
- Cost Accounting Terminology
- Elements & Classification of Cost
- Cost Sheet Preparation
- Cost Ascertainment & Profit Analysis
Module 2 – Cost Ascertainment: Elements of Cost
Topics Covered
- Material Costs
- Inventory Management & Valuation
- Scrap, Spoilage & Wastage
- Employee (Labour) Costs
- Direct Expenses
- Overheads: Collection, Allocation & Absorption
- Cost Reporting
Module 3 – Cost Accounting Standards (CAS 1–CAS 24)
Topics Covered
- Introduction to Cost Accounting Standards
- Cost Measurement & Reporting Framework
- Compliance with CAS
- Practical Applications of Cost Accounting Standards
Module 4 – Cost Bookkeeping
Topics Covered:
- Cost Ledger Accounting
- Cost Bookkeeping System
- Reconciliation of Cost & Financial Profit
- Integrated Accounting System
Module 5 – Methods of Costing
Topics Covered:
- Job Costing
- Batch Costing
- Contract Costing
- Process Costing
- Joint & By-Product Costing
- Operating Costing
- Industry-Specific Costing Methods
Module 6 – Cost Accounting Techniques
Topics Covered:
- Marginal Costing
- Absorption vs. Marginal Costing
- Cost-Volume-Profit (CVP) Analysis
- Margin of Safety
- Decision Making Using Marginal Costing
- Standard Costing
- Variance Analysis (Material & Labour)
- Budgeting & Budgetary Control
- Preparation of Functional Budgets
What Our Students Say
FREQUENTLY ASKED QUESTIONS
How long is the course?
The course includes 30+ hours of HD video lectures, practical assignments, real-world case studies, and downloadable resources. Since you’ll receive lifetime access, you can complete the course at your own pace without any time restrictions.
Will I get a certificate?
Yes. Upon successfully completing the course, you’ll receive an Industry-Recognized Certificate of Completion that you can add to your resume, LinkedIn profile, or professional portfolio.
Is this course suitable for beginners?
Absolutely. This course is designed for beginners, commerce students, working professionals, CA/CMA aspirants, finance executives, accountants, and business owners. Every concept is explained from the fundamentals to advanced practical applications.
Can I watch this course on mobile?
Yes. You can access the course anytime through our Learning App or on your laptop, desktop, or tablet. Your learning progress is automatically synchronized across all devices.
Is access included?
Yes. Once enrolled, you’ll receive 1 Year to all course videos, study materials, assignments, future updates, and any newly added content at no extra cost.
Do I get study material or notes?
Yes. Along with the video lectures, you’ll receive:
- Comprehensive PDF Notes
- Practical Excel Templates
- Cost Sheet Formats
- Case Study Files
- Assignment Worksheets
- Practice Questions
- Downloadable Reference Material