1. To understand the principles of various Costing methods
2. To use the relevant cost in decision-making
3. To apply Cost-Volume- Profit Analysis in business decision making.
4. To analyze Price and Cost Variances and use budgetary control techniques to perform managerial functions
CO1- Understanding the basics of costing. The difference between Financial and Cost Accounting
CO2- Understanding the techniques and tools of Financial Statement analysis
CO3- Understanding the Cost Sheet And Cash Flow Analysis
CO4- Understanding the Budgets and Budgetary Control
CO5- Understanding the Importance of Marginal Costing and Standard Costing in Decision Making
2. To use the relevant cost in decision-making
3. To apply Cost-Volume- Profit Analysis in business decision making.
4. To analyze Price and Cost Variances and use budgetary control techniques to perform managerial functions
CO1- Understanding the basics of costing. The difference between Financial and Cost Accounting
CO2- Understanding the techniques and tools of Financial Statement analysis
CO3- Understanding the Cost Sheet And Cash Flow Analysis
CO4- Understanding the Budgets and Budgetary Control
CO5- Understanding the Importance of Marginal Costing and Standard Costing in Decision Making
Catalogue Code: T2777
Course Type: Generic Core Course
Total Credit: 2
Credits (Theory): 2
No. of Hours: 30
Internal Marks: 60
External Marks : 40
Total Marks: 100
Experiential Learning: Yes
Primary Purpose of Course: Skill Development
Course Code: 212410205
Floating Credit: No
Audit Course: No
Course Needs: Global