INFORMATION OF PRODUCT
|Pacakge Name||CMA FINAL Group 4 Paper-19 Cost and Management Audit|
|No. of Hours of Videos||60|
|Study Material||Printed Book through Courier|
|Format||Pendrive /Download link /PDF (As Per Selection)|
|No. of Views||Unlimited|
|Fast Forward option||Yes -Videos can be played with 1.25x, 1.50x, 1.70x Speed|
|Delivery||2-6 Working Days|
|Amendments provided through||(1) Download Link: Google Drive OR|
|(2) Watch Link: YouTube Link|
|Doubts Resolution||THREE Level Doubt Clearing|
|(Level-1) : via e-mail|
|(Level-2) : via Whatsapp|
|(Level-3) : via Phone Call|
|Requirement of Internet||For 1 Second for Login|
|Videos Can be Played on||Any One Windows /Android Device|
Final Group 4 – Cost and Management Audit: Paper 19
About Cost and Management Audit Course:
The primary objective behind introducing the Cost and Management Audit course in the CMA Final Group – 4 syllabus is to understand the basic terms that help in the process of decision making and administrative competence relevant. It also helps in managing the corporate in a better way.
The Cost and Management Audit subject is taught by CA Ranjay Mishra, a renowned faculty member of our institution.
The subject aims to test the following strengths of the student:
Understanding the basics of cost management, computation of the cost centre wise and system-based cost data that is used for making decisions.
Ensuring uniformity and maintenance of the cost as per the accounting principles that are accepted.
Tabulation of the cost information and constructing of a system that is useful in the process of making strategy and measuring profitability, productivity etc.
Preparation of the cost audit report that is in compliance with the regulations.
Understanding the benefits of cost audit and interpretation of the view of stakeholders.
As per the ICMAI, Cost and Management Audit has four section:
Section – A: Cost Audit (35%)
Nature, Scope, Utility and Advantages of Cost Audit
Companies (Cost Records & Audit) Rules, 2014
Professional Ethics, Misconduct, Offences and Penalties
Cost Accounting Standards
Cost Auditing and Assurance Standards
Format of Cost Audit Report – XBRL – Salient Features
Section – B: Management Audit (15%)
Management Reporting issues under Cost Audit Syllabus- 2016
Management Audit – Meaning, Nature, Scope etc.
Energy Audit, Efficiency Audit, Propriety Audit and Systems Audit
Evaluation of Corporate Image – Corporate Development Audit
Impact of Environmental Pollution
Section – C: Internal Audit, Operational Audit and other related issues (25%)
Concept of Internal Audit
Provisions of Internal Audit under Companies Act, 2013
Audit Planning, Audit Programme, Audit working papers
Receivables Audit, Audit of Services and Local Bodies
Section – D: Case Study on Performance Analysis (25%)
Why take Pen Drive video Classes from CD Classes?
Our Pen Drive video classes are one of the best in the country due to the following reasons:
Up-to-Date Syllabus: Our study material for CMA is at par with the current CMA Guidelines. Moreover, the past question papers are also kept in mind while preparing the curriculum.
Teaching Faculty: The faculty teaching the CMA subjects is highly professional and have both extensive knowledge and experience when it comes to teaching challenging subjects.
Previous Results: The past results and records for our students was excellent. Most of the students who took our Pen Drive video classes have cleared the paper in one go. Moreover, our overall feedback is outstanding.