{"id":16212,"date":"2025-06-17T14:57:48","date_gmt":"2025-06-17T14:57:48","guid":{"rendered":"https:\/\/zedex.co.in\/vipulp\/?post_type=product&#038;p=16212"},"modified":"2025-06-17T14:57:52","modified_gmt":"2025-06-17T14:57:52","slug":"advanced-cost-accounting-as-per-nep-2020","status":"publish","type":"product","link":"https:\/\/zedex.co.in\/vipulp\/product\/advanced-cost-accounting-as-per-nep-2020\/","title":{"rendered":"Advanced Cost Accounting (As per NEP 2020)"},"content":{"rendered":"<h1><strong>SYLLABUS<\/strong><\/h1>\n<p><strong>MODULE &#8211; I:<\/strong><\/p>\n<p><strong>(1)\u00a0\u00a0\u00a0\u00a0 Process Costing:<\/strong><\/p>\n<ul>\n<li><strong>Introduction:<\/strong> Features of Process, concept of Process Loss, Abnormal Loss, Normal Loss, Abnormal Gain.<\/li>\n<li><strong>Computation of Inter-Process Profit:<\/strong> Advantages and Disadvantages, Computation of Equivalent Production \u2013 Weighted Average and FIFO.<\/li>\n<\/ul>\n<p><strong>(2)\u00a0\u00a0\u00a0\u00a0 Cost Allocation and Activity Based Costing Systems:<\/strong><\/p>\n<ul>\n<li><strong>Cost Allocation:<\/strong> Meaning and Its Types, Relationship between resources, Activities, Cost and Cost Drivers, Methods of Allocating Central Costs \u2013 Cost Allocation Using Direct Method, Step Down Method and Reciprocal Method.<\/li>\n<li><strong>Activity Based Costing:<\/strong> Introduction, Advantages, Limitations, Identification of Cost Drivers, Practical Problems on Traditional V\/s Activity Based Costing System.<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>MODULE &#8211; II:<\/strong><\/p>\n<p><strong>(3)\u00a0\u00a0\u00a0\u00a0 Responsibility Accounting:<\/strong><\/p>\n<ul>\n<li><strong>Responsibility Accounting:<\/strong> Meaning, Features, Objective, Assumptions, Problems, Responsibility Centre\u2019s \u2013 Cost, Profit, Revenue and Investment.<\/li>\n<li><strong>Concept of Controllability:<\/strong> Introduction, Measuring Managerial Performance (ROI and Residual Income Approach), Preparation of Managerial Reports using Segmented Costs and Controllable Costs Approach.<\/li>\n<\/ul>\n<p><strong>(4)\u00a0\u00a0\u00a0\u00a0 Strategic Cost Management:<\/strong><\/p>\n<ul>\n<li><strong>Transfer Pricing:<\/strong> Introduction, Advantages and Disadvantages, Setting Transfer Pricing \u2013 Negotiated Transfer Pricing, Cost Based Transfer Pricing.<\/li>\n<li><strong>Target Costing:<\/strong> Introduction, Concept, Objectives, Comparison between Target Costing and Cost Plus Pricing. Inflation Accounting \u2013 Meaning, Features, Conversion of Income Statement, Balance Sheet, Stocks and Net Assets Block using Current Purchasing Power Method.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<h3>FYMCOM &#8212; SEMESTER &#8211; II<\/h3>\n<h2>Author: Arvind Dhond<\/h2>\n<h2>FIRST EDITION<\/h2>\n","protected":false},"featured_media":15355,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"product_brand":[],"product_cat":[1289,1281,1280,1145,1287],"product_tag":[],"class_list":{"0":"post-16212","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-advanced-accountancy-group-semester-ii-f-y-m-com-part-i","7":"product_cat-f-y-m-com-part-i","8":"product_cat-m-com-nep-2020","9":"product_cat-post-graduation-courses","10":"product_cat-semester-ii-f-y-m-com-part-i","12":"first","13":"instock","14":"shipping-taxable","15":"purchasable","16":"product-type-simple"},"acf":[],"_links":{"self":[{"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/product\/16212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/comments?post=16212"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/media\/15355"}],"wp:attachment":[{"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/media?parent=16212"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/product_brand?post=16212"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/product_cat?post=16212"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/product_tag?post=16212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}