M.Com.(ENTREPRENEURSHIP) - University of Madras

5. SIDBI report on SSI sector – SIDBI publications – New Delhi.
8. Ashok.K.Arora, ‘Financing of small-scale industries’,Deep & Deep publications Latest
Edition..
6. Vasant Desai , ‘Entrepreneurial development’ ,2000.
EDP 609 COST ESTIMATION AND CONTROL (Credits –4)
OBJECTIVE
Unit-I
1. Acquaint one self about the need for costing and its impact on decision making
2. Familiarize with types of costing and its applications
3. Discuss the system of control and reduction
Introduction – Cost behaviour and value improvements- Need for cost informationcosting
systems –cost behaviour and decision making –financial gearing and operational gearing.
Unit-II
Systems for product cost determination –concepts in cost determination-activity based
costing and management -job and process costing –applications.
Unit –III
Systems for decision making –Marginal costing and contribution analysis –Differential
costing
Unit –IV
System for cost control and reduction –Budgetary control –Functional budgets and
responsibility system.
Unit – V
Standard costing and variance analysis –Material ,Labour Overhead and profit variances.
Note- The question paper consist 80% problems and 20% theory questions
References:
1. V.G.Sridharan, “Costing for Management” ,Vikas publishing house
2. S.P.Jain & K.L.Narang, “Advanced cost accounting’ , Kalyani Publishers,2000.
3. David Asch and G. Ronald Kaye, “Financial planning” ,Kogan press.
4. Charles T. Horngren, “Cost Accounting :A managerial emphasis” ;Prentice Hall, New
Delhi, 2004.
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