Basics of costing
- 1x (Normal)
Introduction to Basic Cost Concepts4:59
Costing, Cost Accounting and Accountancy2:32
Objectives of Cost Accounting4:08
Difference between Cost Accounting and Financial Accounting.5:09
Difference between Managment Accounting and Cost Accounting3:04
Cost classification based on Time Period2:31
Cost classifications based on Behaviour2:52
Committed Fixed Cost and Discretionary Fixed Cost4:07
Cost classification on the basis of element2:23
Cost classification based on Relationship1:31
cost classification based on controllability2:03
Cost classification based on Normality2:01
cost classification based on attributability1:13
Cost classification based on relevance to decision making5:21
cost classification on the basis of cause and effect relationship2:04
cost classification on the basis of payment3:19
cost classification on the basis of function5:00
cost sheet intro2:33
cost classifcation for cost sheet2:22
Simple cost sheet4:05
Comprehensive cost sheet6:53
About This Class
Welcome to Cost Accounting - A Comprehensive Study Course.
Yes! This is a comprehensive course because you are going to learn all the following in this single course:
a) Basics of Costing Accounting (22 Lectures covering Introduction to Costing, Cost Classifications and Cost Sheet)
b) Material costing (11 Lectures covering covering Basics of Material Costing)
c) Labour Costing (23 Lectures)
d) Overheads Costing (18 Lectures)
e) Standard Costing Techniques (13 Lectures)
f) Standard Costing Variances (17 Lectures)
g) Operating Costing (6 Lectures)
h) Marginal Costing(30 Lectures)
Altogether, you get to access 118 Lectures.
So, how this course is relevant for you?
If you a Professional course student in the line of Finance or Accounting, then you would have Cost Accounting as part of your major subject. This course will explain theory and practical concepts in Cost Accounting which will help you to excel in Academic Examinations.
If you are an Accounting or Finance or Cost Accounting Executive, this course will help you to brush up you basics in Cost Accounting and all the contents have immediate practical relevance and application.
With this course, you will be able to understand
-basic concepts and processes used to determine product costs;
-understand Cost Accounting Statements;
-solve simple case studies.This course is structured in self paced learning style.Video lectures were used for delivering the course content.
All the sections of this are also available as individual courses.
If you aspire to gain strong foundation in Cost Accounting, then this course is for you.
Happy Learning and Best Wishes!
I am a Chartered Accountant with tonnes of passion for teaching.
I teach Financial Management for Chartered Accountancy and Cost and Management Accountancy students in Ernakulam,India. and I teach 100+ Finance, Accounts, Costing, Banking, Credit Analysis, Statistics, etc. in Skillshare.
I also hold
- Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune
- Bachelors in Commerce, from Loyola College, Chennai.
I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice.
During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in
a) Financial Analysis
b) Risk Assessment
c) Viability Study
d) Evaluating business models
e) Project Finance
f) Working Capital Management, etc.
I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like
a) Project Finance
b) Credit Risk Assessment
c) Entrepreneurship Development
d) Finance for Non Finance Executives
e) Burning Desire for Entrepreneurship
I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.