ICWA INTERMEDIATE COSTING AND FM

SECTION – A : COST ACCOUNTING – PRIME COSTS & OVERHEADS 

Study Note 1 : General Purpose Cost Statementt 

  • Evolution of Cost Accounting
  • Cost Accounting Concepts
  • Generally Accepted Cost Accounting Principles & Cost Accounting Standards
  • Cost Accounting Standards

Study Note 2 : Business Process Analysis 

  • Materials (CAS-6)
  • Employee Costs (CAS-7)
  • Direct Expenses (CAS-10)
  • Overheads (CAS-3)
  • Treatment of Special Items
  • Cost Sheet 

SECTION – B : FINANCIAL MANAGEMENT 

  • Objective of Financial Management
  • Key Decisions of Financial Management
  • Planing Environment
  • Functions of Financial Management
  • Sources of Finance
  • International Sources
  • Emerging Role of Finance Manager
  • Securities and Exchange Board of India Act, 1992
  • Future Value
  • Present Value 

Study Note 4 : Tools for Financial Analysis and Planning 

  • Funds Flow Statement
  • Cash Flow Statement
  • Ratio Analysis
  • Identification of Information Required to Assess Financial Performance 

Study Note 5 : Working Capital Management and Leverage Analysis 

  • Working Capital – Meaning &Defination
  • Kinds of Working Capital
  • Adequacies and Inadequacies of Working Capital
  • Danger of too high amount of Working Capital
  • Danger of inadequancies or low amount of Working Capital
  • Working Capital Cycle
  • Working Capital Financing
  • Inventory Management
  • Management of Receivable
  • Determinants of Credit Policy
  • Cash Management
  • Leverages
  • EBIT-EPS Indifference Point Level
  • Calculation of Indifference Point 

Study Note 6 : Cost of Capital 

  • Cost of Capital
  • Capital Structure
  • Dividend Decisions 

Study Note 7 : Capital Budgeting 

  • Capital Budgeting
  • Need of Capital Budgeting Decision
  • Significance of Capital Budgeting Decision
  • Process of Capital Budgeting
  • Investment Criterian – Method of Appraisal