Decentralization and responsibility accounting

Advance Cost and Management Accounting

• 1 Fundamental of Accounting

  • Accounting foundations and users
  • Ethics and decision-making
• 2 Cost Behavior Analysis

  • Cost concepts and classification
  • Semi-variable cost segregation
  • Correlation and significance
• 3 Accounting for Overhead Cost

  • Overhead distribution
  • Traditional costing
  • Activity-based costing
• 4 Income Measurement and Reporting

  • Variable and absorption costing
  • Inventory effects
  • Costs and uncertainty
• 5 Cost Volume Profit Analysis

  • CVP foundations and profit planning
  • Resource constraints and linear programming
• 6 Short term Decision Making

  • Short-term decisions and relevant costs
  • Decision types
• 7 Budgeting and Controlling of Profit

  • Budgeting foundations
  • Master budgeting
  • Standard costing
  • Variance analysis and treatment
• 8 Flexible Budget and Performance Analysis

  • Flexible and static budgets
  • Variances and performance reporting
• 9 Performance Measurement in Decentralization Organization

  • Decentralization and responsibility accounting
  • Implementation and responsibility centres
• 10 Capital Budgeting

  • Capital budgeting and proposals
  • Cash flow estimation
  • Evaluation methods and project selection
• 11 Advance Cost Management Techniques

  • Cost management and reduction
  • Advanced management techniques
• 12 Project Work

  • Project requirement
  • Assignment and preparation