Loading

Functions of Storekeeper

0. Introduction & Syllabus

Introduction & SyllabusFree

1. Costs Associated with Production

Inventory valuationFree

Inventory management

  • Chapter IntroductionBuy
  • About Inventory ManagementBuy
  • Why stocks are neededBuy
  • Costs associated with inventoriesBuy
  • Relevant & Irrelevant costBuy
  • Economic Order Quantity (EOQ)Buy
  • Inventory Levels Part1Buy
  • Inventory Level Part2Buy
  • Comprehensive Example 1Buy
  • Comprehensive Example 2Buy
  • Comprehensive Example 3Buy
  • Comprehensive Example 4Buy
  • Comprehensive Example 5Buy
  • Comprehensive Example 6Buy
  • Comprehensive Example 7Buy
  • Comprehensive Example 8Buy
  • Comprehensive Example 9Buy
  • Comprehensive Example 10Buy

Overheads

  • Chapter IntroductionBuy
  • About OverheadsBuy
  • Manufacturing ExpensesBuy
  • Cost of Production OverheadsBuy
  • Service Deptt. Cost ApportionmentBuy
  • Service Deptt. Cost ReapportionmentBuy
  • Service Deptt. Cost Reapportionment - No ReciprocityBuy
  • Service Deptt. Cost Reapportionment - With ReciprocityBuy
  • Comprehensive Example 8Buy
  • Overhead Absorption RateBuy
  • Factors Affecting Overhead RateBuy
  • Over/Under Applied OverheadsBuy
  • Comprehensive Example 1Buy
  • Comprehensive Example 2Buy
  • Comprehensive Example 3Buy
  • Comprehensive Example 4Buy
  • Comprehensive Example 5Buy
  • Comprehensive Example Buy
  • Comprehensive Example 9Buy

Activity based costing

  • Chapter IntroductionBuy
  • About ABCBuy
  • Cost Pool & Cost DriverBuy
  • ABC - StepwiseBuy
  • ABC - ExampleBuy
  • ABC - Merits & DemeritsBuy
  • Comprehensive Example 1Buy
  • Comprehensive Example 2Buy
  • Comprehensive Example 3Buy

Labour costing

  • Chapter IntroductionBuy
  • Types of Labour CostsBuy
  • Measuring Labour ActivityBuy
  • Managing Productivity & Efficiency Buy
  • Wage Incentive Plans Buy
  • Learning CurveBuy
  • Recording Buy
  • Journal EntriesBuy
  • Comprehensive Example 1Buy
  • Comprehensive Example 2Buy
  • Comprehensive Example 3Buy
  • Comprehensive Example 4Buy
  • Comprehensive Example 5Buy
  • Comprehensive Example 6Buy

2. Cost flow

Cost flow in production

  • Chapter IntroductionBuy
  • Accounting for InventoryBuy
  • Cost Bookkeeping SystemsBuy
  • Comprehensive Example 1Buy
  • Comprehensive Example 2Buy
  • Comprehensive Example 3Buy
  • Comprehensive Example 4Buy
  • Comprehensive Example 5,6,7Buy

Job and service costing

  • Chapter IntroductionBuy
  • Job Costing Buy
  • Features of Job CostingBuy
  • Job Cost SheetBuy
  • Accounting for Job CostingBuy
  • Service CostingBuy
  • Composite Cost UnitBuy
  • Service Costing vs Job Costing vs Product CostingBuy
  • Cost FormulaBuy
  • Comprehensive Example 1Buy
  • Comprehensive Example 2Buy
  • Comprehensive Example 3Buy
  • Comprehensive Example 4Buy

Process costing

  • Chapter IntroductionBuy
  • Process Costing FeaturesBuy
  • First Period - Process 1Buy
  • First Period - Process 2Buy
  • Subsequent Period - Process 1Buy
  • Subsequent Period - Process 2 Buy
  • Subsequent Period - Process 1 - FIFOBuy
  • Subsequent Period - Process 2 _ 3 - FIFOBuy
  • Normal LossBuy
  • Abnormal LossBuy
  • Abnormal GainBuy
  • ReworkBuy
  • Comprehensive Example 1Buy
  • Comprehensice Example 2Buy
  • Comprehensive Example 3 - Deptt ABuy
  • Comprehensive Example 3 - Deptt BBuy
  • Comprehensive Example 4Buy
  • Comprehensive Example 5Buy
  • Comprehensive Example 6Buy

Joint and By-Product Costing

  • Chapter IntroductionBuy
  • Joint ProductBuy
  • By ProductBuy
  • Joint Product vs By ProductBuy
  • Methods of allocating Joint CostBuy
  • Comprehensive Example 1Buy
  • Comprehensive Example 2Buy
  • Comprehensive Example 3Buy
  • Comprehensive Example 4Buy

Marginal Costing and Absorption Costing

  • Chapter Introduction Buy
  • Marginal CostingBuy
  • Absorption CostingBuy
  • Marginal Costing vs Absorption CostingBuy
  • Advantages _ DisadvantagesBuy

3. Cost Management & Planning

Standard costing

  • Chapter IntroductionBuy
  • Standard CostingBuy
  • Purpose of Standard CostingBuy
  • How to determine Standard CostBuy
  • Types of StandardsBuy
  • Reviewing StandardsBuy
  • Material Wastage in Standard CostingBuy
  • Idle Time in Standard CostingBuy

Variance analysis

  • Chapter IntroductionBuy
  • Material Variance - Single RMBuy
  • Material Variance - Multiple RMsBuy
  • Labour VarianceBuy
  • Fixed OH VarianceBuy
  • Variable OH VarianceBuy
  • Sales VarianceBuy
  • Backward WorkingBuy

Target costing

  • Chapter IntroductionBuy
  • Target CostingBuy
  • Implementation StepsBuy
  • Closing Cost GapBuy
  • Advantages _ ImplicationsBuy
  • Target Costing in Service IndustryBuy

Cost Volume Profit (CVP) Analysis

  • Chapter IntroductionBuy
  • Cost BehaviourBuy
  • Important FormulaeBuy
  • Target ProfitBuy
  • Understanding CVP ChartsBuy
  • Multi Product CVP AnalysisBuy

Relevant costs

  • Chapter IntroductionBuy
  • Relevant Cost - CharacteristicsBuy
  • Material - Relevant CostBuy
  • Labour - Relevant CostBuy
  • Overheads - Relevant CostBuy

Decision making techniques

  • Chapter IntroductionBuy
  • AssumptionsBuy
  • Types of DecisionsBuy
  • Limiting Factor DecisionsBuy
  • Make or Buy DecisionsBuy
  • One-Off Contract DecisionsBuy
  • Shurdown DecisionsBuy
  • Joint Product further processing DecisionBuy

4. Interactive Zoom Sessions (for ICAP Question Bank and Past Papers)

Zoom Session July 2023

  • Zoom Session 11th July 2023Buy
  • Zoom Session 13th July 2023Buy

5. ICAP past papers

September 2023

  • September 2023 Question-1Buy
  • September 2023 Question-2Buy
  • September 2023 Question-3Buy
  • September 2023 Question-4Buy
  • September 2023 Question-5Buy