COST ACCOUNTING - (BCOM3401)

TOPIC SELF-STUDY COVERED REVISION

Module 1:
Concept and Nature of Cost Accounting
Concept of cost and costing, Importance and features
of costing
Cost classification, Concept of cost unit, cost centre,
meaning of ‘unit’ from the view point of producer

Establishment of an ideal cost accounting system,

Cost Reduction, Cost Control

Installation of Costing System

Application of IT in Cost Accounting

Preparation of Cost Sheet for manufacturing and
service sector.
Module II:
Material Cost

Direct and indirect material, Valuation of materials

Principles of valuation of material as per AS- 2/ Ind
AS- 2; CAS- VI,
Material control, purchases, Objectives and
functions of purchase department

Activity Based Costing (ABC)

Concept, significance and salient features;

Stages and flow of costs in ABC

Basic components of ABC - resource drivers and
cost drivers
Application of ABC in a manufacturing organisation
and service industry

BUSINESS MATHEMATICS-BCOM3402
 TOPIC SELF-STUDY COVERED REVISION
Module I:
Matrices and Determinants

Definition and types of matrices.

Inverse of matrices- Business Applications

Algebra of matrices
Solutions of system of linear equations (having
unique solutions and involving not more than three
variables) using Matrix Inversion Method and
Cramer’s Rule.
Module II:
Basic Calculus

Mathematical functions

Types of Mathematical Functions:

●Linear

●Quadratic

●Polynomial

●Exponential

●Logarithm

●Logistic

Concept Of Marginal Analysis

Concept of Elasticity
Applied Maxima and Minima problems including
effect on Tax on Monopolist’s Optimum price and
quantity

Economic Order Quantity

 RISK MANAGEMENT-BCOM3403
TOPIC SELF-STUDY COVERED REVISION
MODULE 1:
INTRODUCTION
Concept and meaning of Risk

Risk and Uncertainty

Classification of Risks

Dynamic Nature of Risks

Types of Risks:

●Systematic

●Unsystematic Risks

●Strategic Risks

●Operational Risks

●Business Risks

●Financial Risks

●Information Risks

●Liquidity Risks
MODULE 2:
BUSINESS RISKS

Business Risk

Measurement Identification

Source of Risk

Various Methodologies for measuring Business Risk

Impact of Business Risk on different stakeholders of
business concern

Role of Risk Manager

Risk Committee in Identifying and Diversifying Risk

PERSONAL TAX PLANNING & TAX MANAGEMENT – BCOM3404

TOPIC SELF-STUDY COVERED REVISION