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effectively-prepare-for-ca-inter-costing

Admin 15 Nov, 2022 0 Comments

How to Effectively Prepare for CA Inter Costing

 

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:

 

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

 

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.

 

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.  

  1. CA Intermediate Cost and Management Accounting Previous Year Question Papers with Suggested Answers
  2. CA Intermediate Cost and Management Accounting Mock Test Papers for 2022
  3. CA Intermediate Cost and Management Accounting Revision Test Papers(RTP) for 2022

 

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
Chapter 3: Employee Cost and Direct Expenses
Chapter 4: Overheads: Absorption Costing Method
Chapter 5: Activity-Based Costing
Chapter 6: Cost Sheet
Chapter 7: Cost Accounting System

35%-40%

Chapter 8-12

Chapter 8: Unit & Batch Costing
Chapter 9: Job Costing and Contract Costing
Chapter 10: Process & Operation Costing
Chapter 11: Joint Products & By-Products
Chapter 12: Service Costing

25%-30%

Chapter 13-15

Chapter 13: Standard Costing

Chapter 14: Marginal Costing
Chapter 15: Budget and Budgetary Control

20%-25%

 

If you will follow this weightage scheme, you can score good marks.  

Amendments in CA Inter Cost and Management Accounting Paper

There is no amendment in costing paper.

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