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Unit I
Meaning and Scope of Cost Accounting: Basic Cost Objectives and scope of cost accounting, Cost centres and cost units, Difference between financial, cost and management accounting. Basic Cost concepts - Cost classification and elements of cost.
Materials Control: Meaning, Steps Involved, Materials and Inventory, Techniques of Material/Inventory Control (EOQ, FSND, ABC, Stock Levels, JIT, and VED), Valuation of Inventory (FIFO, LIFO, Weighted average); Practical examples of EOQ, stock levels, FIFO, LIFO.
As per the latest IPU syllabus — cross-check electives with your college.
Where can I download Cost Accounting (BBA(B&I) 104) notes for IPU?
This page has upcoming Cost Accounting notes for IPU BBA BBA-B&I semester 2, aligned with the latest IPU syllabus. Free resources download instantly; premium ones unlock right after payment.
Are previous year question papers (PYQ) available for Cost Accounting?
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Which semester is Cost Accounting taught in for BBA-B&I?
Cost Accounting (BBA(B&I) 104) is a semester 2 subject in the IPU BBA BBA (Banking and Insurance) (BBA-B&I) curriculum.
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