Skip to content

ACCA COACH

YOUR ACCA COACH

  • BT
  • MA
  • FA
  • LW
  • PM
  • TX-UK
  • FR
  • AA
  • FM
  • ACCA Jobs
  • News

ACCA

Standard Costing 
ACCA MA Management Accounting

Standard Costing 

November 5, 2021 admin

Standard costing  includes setting standard rates to absorb material , labour ,overheads. Setting of standards rates helps in  exact valuations , strengthening control over differences […]

CONTRACT COSTING
ACCA MA Management Accounting

CONTRACT COSTING

October 12, 2021 admin

  Contract   Costing Easy to understand “ job order costing on larger scale”. For construction of building and other large scale wok which take considerable […]

Marginal and Absorption Costing Methods
ACCA MA Management Accounting

Marginal and Absorption Costing Methods

October 4, 2021 admin

Marginal and Absorption Costing Methods The main difference between marginal costing and absorption costing is that Under Marginal costing all the fixed cost is treated […]

ABSORPTION COSTING  – Explained
ACCA MA Management Accounting

ABSORPTION COSTING – Explained

October 2, 2021 admin

ABSORPTION COSTING Method of costing in which overheads are absorbed in relevant cost centers on appropriate rates known as overhead absorption rate (OAR). This rate […]

Labor Incentive Plans
ACCA MA Management Accounting

Labor Incentive Plans

October 1, 2021 admin

  TIME WORK SYSTEM In this system labor is paid  on base of time worked. Total labour remuneration is sum of basic pay and overtime […]

ACTIVITY BASED COSTING (ABC)
ACCA MA Management Accounting

ACTIVITY BASED COSTING (ABC)

September 27, 2021 admin

ABC Plan ABC Plan is used to control the inventory by applying security measures or controls on each category. Through this technique management is able […]

Inventory Control Models
ACCA MA Management Accounting

Inventory Control Models

September 26, 2021 admin

Entity needs to maintain inventory at appropriate level keeping balance in contrasting factors inventory levels e.g if large amount of inventory is ordered ordering cost […]

Job Order Costing
ACCA MA Management Accounting

Job Order Costing

September 25, 2021 admin

Small businesses maintain accounts for individual job orders .Due to  lack of huge manufacturing orders they find ease to maintain for cost accounts on basis […]

Inventory Valuation Methods
ACCA MA Management Accounting

Inventory Valuation Methods

September 24, 2021 admin

According to IAS2 inventory should be measured at lower of COST and NET PRESENT VALUE Net realizable value(NPV) is the estimated selling price(SP) in the […]

Materials Purchase Cycle – EXPLAINED
ACCA MA Management Accounting

Materials Purchase Cycle – EXPLAINED

September 24, 2021 admin

Materials Purchase Cycle   When a department stock level drops down , the particular department issues purchase request to purchase department in purchase requisition form […]

  • ← Previous

Popular Posts

Recent Posts
  • Standard Costing 
  • PROCESS COSTING – PART 3
  • PROCESS COSTING – PART 2
  • PROCESS COSTING – PART 1
  • CONTRACT COSTING
Categories
  • AA
  • ACCA
  • ASK AN ACCA EXPERT
  • Audit
  • BT
  • Economics
  • FA
  • Financial Accounting
  • Financial Management
  • Financial Reporting
  • FM
  • FR
  • MA
  • Management Accounting
  • Online Accounting Interviews
  • Uncategorized
Powered By: WordPress | Theme: newsbook By OdieThemes