Old syllabus- CA IPCC - Costing Preparation Strategy for May 2018 exams ๐Ÿ“š

Costing being a Night Mare ๐ŸŒƒ subject for majority of students, but to say frankly it's the easiest if u learn in a conceptual way ๐Ÿ”ฅ

Coming to Preparation Start costing with

๐ŸŽ‰Basic concepts ( complete in 1day)
๐ŸŽ‰Material (2 days)
๐ŸŽ‰Labour (2 days)
๐ŸŽ‰Overhead (2days)
๐ŸŽ‰Marginal Costing ( 2 days)
๐ŸŽ‰Standard Costing (2days)
๐ŸŽ‰Budgetary Control (1day)
๐ŸŽ‰Contract Cost (1 day)
๐ŸŽ‰Process costing (2 days)
๐ŸŽ‰Operating cost (1 day)

Now start Financial Management with

๐ŸŒŸRatios (1day)
๐ŸŒŸfunds and cash flow (1day)
๐ŸŒŸWorking capital (2days)
๐ŸŒŸcost of capital and capital structure (2days)
๐ŸŒŸcapital budgeting (2days)
๐ŸŒŸsources of Finance and 1st chapter of financial management which is theory (1day)

Thats it

In a day allocate complete 8 hours 4 hours in the morning and 4 hours in the evening

Never neglect theory in Costing, 35 marks can be asked in the Form of theory for Theory u can follow icai practice Manual..

- All the best


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