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How to Effectively Prepare for CA Inter Costing
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CA Intermediate Costing (Cost and management accounting) comes under CA Intermediate Group I. It is the Paper 3 namely Cost and management accounting. It is a practical paper and considered as the good scoring subject that even helps you in your professional journey. So, it takes practical practice of the subject. Every chapter of costing is meaningful and related to real life. At, Any Time Classes we have explained with real life corporate practical experiences with animation. Since costing is a practical subject, presentation of questions plays a very important role in exam. So, you should focus of presentation along with concepts. These are the chapter names with their weightage:
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Chapter No. |
Chapter Name |
Marks weightage |
1.      |
Introduction to Cost and Management Accounting |
4 |
2.      |
Material Cost |
12 |
3.      |
Employee Cost and Direct Expenses |
10 |
4.      |
Overheads: Absorption Costing Method |
10 |
5.      |
Activity Based Costing |
12 |
6.      |
Cost Sheet |
15 |
7.      |
Cost Accounting System |
18 |
8.      |
Unit & Batch Costing |
8 |
9.      |
Job Costing and Contract Costing |
12 |
10.   |
Process & Operation Costing |
10 |
11.   |
Joint Products & By Products |
8 |
12.   |
Service Costing |
15 |
13.   |
Standard Costing |
12 |
14.   |
Marginal Costing |
10 |
15.   |
Budget and Budgetary Control |
8 |
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Best Books to refer for CA Inter Costing
For presentation and detailed notes, you can refer Any Time Classes Book also. Written by Dr.PS Rathore sir.
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Important Chapters of CA inter costing (Cost and Management Accounting)
Standard, Marginal, budgetary, cost sheet are some important chapters where the straight questions will be asked and these are most scoring. Â
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Tips for passing the CA intern Paper 3- costing and management accounting
Chapter |
Topics |
Weightage |
---|---|---|
Chapter 1 |
Chapter 1: Introduction to Cost and Management Accounting. |
10%-15% |
Chapter 2-7 |
Chapter 2: Material Cost |
35%-40% |
Chapter 8-12 |
Chapter 8: Unit & Batch Costing |
25%-30% |
Chapter 13-15 |
Chapter 13: Standard Costing Chapter 14: Marginal Costing |
20%-25% |
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If you will follow this weightage scheme, you can score good marks. Â
Amendments in CA Inter Cost and Management Accounting Paper
There is no amendment in costing paper.
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