The Chartered Accountancy (CA) curriculum’s crucial CA Inter Costing course gives students a thorough understanding of cost accounting concepts and methods. This course aims to give students the information and abilities they need to effectively manage expenses in various corporate situations. The course material covers a wide range of topics, including budgeting, standard costing, overheads, costing systems, and material and labor costing. For aspiring chartered accountants, CA Inter Costing is a crucial topic since it equips them with careers in cost management, budgeting, and financial analysis.
An overview of the CA Inter Costing Syllabus, including the topics covered and their weighting, is provided in this section.
Topics covered in CA Inter Costing Syllabus
The following topics are covered by the CA Inter Costing Syllabus:
Module-1
- CHAPTER 1. Introduction to Cost and Management Accounting
- CHAPTER 2. Material Cost
- CHAPTER 3. Employee Cost & Direct Expenses
- CHAPTER 4. Overheads: Absorption Costing Method
- CHAPTER 5. Activity Based Costing
- CHAPTER 6. Cost Sheet
- CHAPTER 7. Cost Accounting Systems
Module-2
- CHAPTER 8: Unit & Batch Costing
- CHAPTER 9: Job Costing
- CHAPTER 10: Process & Operation Costing
- CHAPTER 11: Joint Products & By Products
- CHAPTER 12: Service Costing
- CHAPTER 13: Standard Costing
- CHAPTER 14: Marginal Costing
- CHAPTER 15: Budgets and Budgetary Control
Weightage of topics in CA Inter Costing Syllabus
Before moving on to the chapter with less weight, students should concentrate on the chapter with more weight.
Chapter No. | Chapter Name | Marks weightage |
1. | Introduction to Cost and Management Accounting | 4 |
2. | Material Cost | 6 |
3. | Employee Costs and Direct Expenses | 8 |
4. | Overheads: Absorption Costing Method | 6 |
5. | Activity Based Costing | 8 |
6. | Cost Sheet | 12 |
7. | Cost Accounting System | 12 |
8. | Unit & Batch Costing | 8 |
9. | Job Costing and Contract Costing | 8 |
10. | Process & Operation Costing | 6 |
11. | Joint Products & By Products | 8 |
12. | Service Costing | 8 |
13. | Standard Costing | 12 |
14. | Marginal Costing | 10 |
15. | Budget and Budgetary Control | 8 |
CONCLUSION
The CA Inter Costing Syllabus, in conclusion, is an important part that gives students a solid foundation in cost accounting principles and procedures. In order to make wise financial decisions, students need to have a solid understanding of how costs are controlled in various company contexts. The syllabus is a crucial part of the Chartered Accountancy Curriculum since it covers a wide range of subjects that are pertinent to the accounting industry. Overall, anyone hoping to become a competent chartered accountant should focus on learning the ideas presented in the Inter Costing Syllabus.
F&Q
Q. What is costing of CA Intermediate?
Ans. In conclusion, CA Inter Costing is an important subject that gives students a solid foundation in cost accounting principles and procedures. In order to make wise financial decisions, students need to have a solid understanding of how costs are controlled in various company contexts. The syllabus is a crucial part of the Chartered Accountancy Curriculum since it covers a wide range of subjects that are pertinent to the accounting industry. Overall, anyone hoping to become a competent Chartered Accountant should focus on learning the ideas presented in the CA Inter Costing Syllabus.
Q. Is there step marking in CA inter costing?
Ans. In any presentation that is simply understandable, you can find solutions to real-world problems. The ICAI has always awarded full marks and step marks for part workings. Regardless of how they are presented, the answer is entirely valid as long as the assumptions have been stated clearly.
Q. Which is the most important chapter of Costing CA Inter?
Ans.
Chapter Name | Weightage |
Introduction to Cost and Management Accounting | 4 |
Material Cost | 12 |
Employee Cost and Direct Expenses | 10 |
Overheads: Absorption Costing Method | 10 |
Q . Who is the best teacher for CA costing?
Ans. Parag Gupta Sir is one of the pioneers in the Teaching industry for CA Final Costing and is considered the best teacher in the world of coaching for CA Final Costing. He always considers it as the student’s first recommendation.