Part 1: ACCA syllabus; study guide and syllabus commentary. Part 2 The study section: What is costing; the framework of cost accounting; classification and coding; materials - purchasing, reception and storage; materials - stock recording and inventory control; materials - pricing issues and stocks; labour - remuneration methods; labour - recording, costing and allied procedures; overheads; cost accounts; costing methods - introduction; costing methods - job and batch costing; costing methods - contract costing; costing methods - operation costing; costing methods - process costing; costing methods - joint product and by-product costing; planning, control and decision making; cost behaviour; marginal costing and absorption costing; marginal costing and decision making; break even analysis; budgets; standard costing - introduction; standard costing - variance analysis (material, labour and overheads); standard costing - variance analysis (standard marginal costs); uniform costing. Part 3 The revision section: examination technique; examiner's reports; revision summaries by topic; selected questions with commentary and answers; two mock examination papers with solutions. ACCA question analysis.
