# Fundamentals of Cost Accounting

- Institution: The Institute of Cost Accountants of India (ICMAI)
- Department: Management
- Teacher: Prof. Arindam Banerjee
- Level: Undergraduate
- Language: English
- Subjects: Business and management
- Source: [NPTEL](https://nptel.ac.in/courses/110106511)
- Licence: [CC BY-NC-SA](https://nptel.ac.in/faq) (Non-commercial use only.)
- Syllabus: [at the source](https://nptel.ac.in/courses/110106511)
- Who can watch: Tweens profiles and older (sources give no ratings; placed by Invisible Network from the source's own words)

The subject, Cost Accounting, introduces the fundamental concepts of cost, cost accounting and costing and carefully builds up a detail understanding of various elements of costs and the techniques for ascertainment, controlling and monitoring of costs. It also highlights different industry specific costing methods to accumulate total costs with due compliance of the Cost Accounting Standards that provide the framework for such tasks. The subject also focuses on the details of alternative cost bookkeeping processes, integration or reconciliation with financial accounting system used in organisations. It enumerates various techniques of costing to facilitate managerial decision making on cost optimisation, profit planning and control.

Website: https://www.icmai.in/icmai/

Intended audience: Anyone, who is interested to enrich his/ her knowledge in Cost and Management Accountancy

Prerequisites: Higher Secondary completed

## Lectures

1. [Introduction to Cost Accounting - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/ed02ca0290f3) (YouTube)
2. [Introduction to Cost Accounting - Part II](https://invisiblenetwork.ai/learn/nptel/110106511/952459ebb9a5) (YouTube)
3. [Material Cost - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/b21ed1ce72f9) (YouTube)
4. [Material Cost - Part II](https://invisiblenetwork.ai/learn/nptel/110106511/73cb16512323) (YouTube)
5. [Labour Cost - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/0e25f4f78e0e) (YouTube)
6. [Labour Cost - Part II](https://invisiblenetwork.ai/learn/nptel/110106511/0f2966af6e1e) (YouTube)
7. [Overhead - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/ef23d3daa793) (YouTube)
8. [Overhead - Part II](https://invisiblenetwork.ai/learn/nptel/110106511/7e79200fdf59) (YouTube)
9. [Cost Sheet - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/98150b22e143) (YouTube)
10. [Cost Sheet - Part II](https://invisiblenetwork.ai/learn/nptel/110106511/d82661a3120e) (YouTube)
11. [Job Costing - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/5a6f72826cdf) (YouTube)
12. [Job Costing - Part II](https://invisiblenetwork.ai/learn/nptel/110106511/73ed8ca56b2c) (YouTube)
13. [Service / Operating Costing - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/1c6a54b0102b) (YouTube)
14. [Service / Operating Costing - Part II](https://invisiblenetwork.ai/learn/nptel/110106511/306ec853e182) (YouTube)
15. [Contract Costing - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/2ceff980bfe2) (YouTube)
16. [Contract Costing - Part II](https://invisiblenetwork.ai/learn/nptel/110106511/f3a4ae494249) (YouTube)
17. [Process Costing - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/54a68e5dbc33) (YouTube)
18. [Process Costing - Part II](https://invisiblenetwork.ai/learn/nptel/110106511/6ad09850b696) (YouTube)
19. [Cost Volume Profit Analysis - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/30253d8df4f4) (YouTube)
20. [Cost Volume Profit Analysis - Part II](https://invisiblenetwork.ai/learn/nptel/110106511/e814244b40ff) (YouTube)
21. [Cost Volume Profit Analysis - Part III](https://invisiblenetwork.ai/learn/nptel/110106511/0c96985e2e87) (YouTube)
22. [Cost-Volume-Profit Analysis - Problems and Solutions](https://invisiblenetwork.ai/learn/nptel/110106511/029ac9a01754) (YouTube)
23. [Decision Making - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/a39c8f685555) (YouTube)
24. [Decision Making - Part II](https://invisiblenetwork.ai/learn/nptel/110106511/88e38796b4e9) (YouTube)
25. [Decision Making - Part III](https://invisiblenetwork.ai/learn/nptel/110106511/4a3c2ad73456) (YouTube)
26. [Decision Making - Part IV](https://invisiblenetwork.ai/learn/nptel/110106511/04b56ca0ebc0) (YouTube)
27. [Decision Making - Part V](https://invisiblenetwork.ai/learn/nptel/110106511/d3a0d83f728b) (YouTube)
28. [Budgetary Control - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/195b1a24bf7d) (YouTube)
29. [Budgetary Control - Part II](https://invisiblenetwork.ai/learn/nptel/110106511/fcb9ed2572bd) (YouTube)
30. [Budgetary Control - Part III](https://invisiblenetwork.ai/learn/nptel/110106511/60347748d6f0) (YouTube)
31. [Budgetary control - Part IV](https://invisiblenetwork.ai/learn/nptel/110106511/a69607dec38b) (YouTube)
32. [Cash Budget - Problems and Solutions](https://invisiblenetwork.ai/learn/nptel/110106511/0dbc42aaa19f) (YouTube)
33. [Budgetary control - Part VI](https://invisiblenetwork.ai/learn/nptel/110106511/fe6ae991eafc) (YouTube)
34. [Standard Costing - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/87a082b58fcd) (YouTube)
35. [Variance Analysis - Part I](https://invisiblenetwork.ai/learn/nptel/110106511/d8ba52ef5ad2) (YouTube)
36. [Variance Analysis - Part II](https://invisiblenetwork.ai/learn/nptel/110106511/2bb687423b7b) (YouTube)
37. [Variance Analysis - Part III](https://invisiblenetwork.ai/learn/nptel/110106511/ebfe38340b0c) (YouTube)
38. [Variance Analysis - Part IV](https://invisiblenetwork.ai/learn/nptel/110106511/5eecdabfbdf8) (YouTube)
39. [Variance Analysis - Part V](https://invisiblenetwork.ai/learn/nptel/110106511/7b01378657df) (YouTube)
40. [Interaction with CFO](https://invisiblenetwork.ai/learn/nptel/110106511/f5993c38e43f) (YouTube)