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  2. CA Final - Wikipedia

    en.wikipedia.org/wiki/CA_Final

    The CA Final is the final level exam in the chartered accountancy course offered by the Institute of Chartered Accountants of India (ICAI). [1] CA Final exam is divided into two groups and consists of 6 set of papers with 100 mark each. Before the CA Final exam, students must clear Foundation and Intermediate exams. The exam paper will be ...

  3. Cost accounting - Wikipedia

    en.wikipedia.org/wiki/Cost_accounting

    An important part of standard cost accounting is a variance analysis, which breaks down the variation between actual cost and standard costs into various components (volume variation, material cost variation, labor cost variation, etc.) so managers can understand why costs were different from what was planned and take appropriate action to ...

  4. The Institute of Chartered Accountants of India - Wikipedia

    en.wikipedia.org/wiki/The_Institute_of_Chartered...

    Similarly based on the grades in Final would be taken for Masters. This initiative has helped a lot of students attain both the degrees without any duplication of subjects and credits. [34] [35] ICAI offers study materials and describes the syllabus in great detail via a prospectus. [36]

  5. Job costing - Wikipedia

    en.wikipedia.org/wiki/Job_costing

    Job Costing is the process of determining the labor and materials cost for each job in a systematic way, and then using this information to create a quote for the customer. Job costing or cost accounting can be used in virtually any industry (especially service industry) to ensure that the product pricing covers actual costs, overhead and ...

  6. Activity-based costing - Wikipedia

    en.wikipedia.org/wiki/Activity-based_costing

    Activity-based costing was first clearly defined in 1987 by Robert S. Kaplan and W. Bruns as a chapter in their book Accounting and Management: A Field Study Perspective. [8] They initially focused on manufacturing industry where increasing technology and productivity improvements have reduced the relative proportion of the direct costs of ...

  7. Cost breakdown analysis - Wikipedia

    en.wikipedia.org/wiki/Cost_breakdown_analysis

    Components of price. Image according to Garrett (2008), figure 4-1, p.65. In business economics cost breakdown analysis is a method of cost analysis, which itemizes the cost of a certain product or service into its various components, the so-called cost drivers.

  8. Financial accounting - Wikipedia

    en.wikipedia.org/wiki/Financial_accounting

    In cost accounting, classification is basically on the basis of functions, activities, products, process and on internal planning and control and information needs of the organization. Financial accounting aims at presenting 'true and fair' view of transactions, profit and loss for a period and Statement of financial position (Balance Sheet) on ...

  9. Standard cost accounting - Wikipedia

    en.wikipedia.org/wiki/Standard_cost_accounting

    An important part of standard cost accounting is a variance analysis, which breaks down the variation between actual cost and standard costs into various components (volume variation, material cost variation, labor cost variation, etc.) so managers can understand why costs were different from what was planned and take appropriate action to ...