B.Com. (Accountancy) Cost Accounting II Syllabus - Mumbai University
This is the TY BCom Accountancy syllabus under NEP 2020, in force from the academic year 2026-27. The University clubbed this degree with B.Com., B.Com. (Business Economics) and B.Com. (Business Management) on 25 May 2026 and now awards it as B.Com. (Commerce and Management), with Accountancy as the Major: the papers below are the ones its own Board of Studies sets, so your exam form may name the degree differently from your admission letter.
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Syllabus for Cost Accounting - II
Module I: Overhead and Service Costing
- Overhead Costing
- Meaning of Overhead and Classification.
- Functional analysis — Factory, Administration, Selling and Distribution
- Behavioural analysis — Fixed, Variable, Semi-variable cost
- Practical problems and Case studies on Departmentalization and apportionment of primary overheads.
- Service Costing
- Meaning and scope of Service (Operating) Costing
- Service costing vs product costing
- Application of service costing (internal and external services)
- Service cost units and composite cost units
- Methods of computing service cost units
- Equivalent service units
- Service cost statement
- Costing of services:
- Transport
- Hospitals
- Hotels and lodges
- Educational institutions
- IT & ITES
- Financial and insurance services
- Key Performance Indicators (KPIs) in service sectors
Module II: Process Costing
- Meaning and features of Process Costing
- Process accounts and costing procedure
- Treatment of normal loss, abnormal loss and abnormal gain
- Valuation of scrap and wastage
- Equivalent units of production
- Valuation of work-in-progress
- Inter-process profit and its treatment
- Operation costing – meaning and scope
Reference Books
- 1 Arora, M. N. (2020). Cost Accounting: Theory and Problems (4th ed.). Vikas Publishing House. https://www.vikaspublishing.com
- 2 Garrison, R. H., Noreen, E. W., & Brewer, P. C. (2021). Managerial Accounting (17th ed.). McGraw Hill Education. https://www.mheducation.com
- 3 Kaplan, R. S., & Atkinson, A. A. (2015). Advanced Management Accounting (3rd ed.). Pearson Education. https://www.pearson.com
- 4 Jawahar Lal, & Seema Srivastava. (2021). Cost Accounting: Principles and Practice (7th ed.). Tata McGraw Hill Education. https://www.mheducation.co.in
- 5 Chartered Institute of Management Accountants (CIMA). (2023). Official CIMA Study Text: Management Accounting – Costing. CIMA Publishing. https://www.cimaglobal.com
Reproduced from the University of Mumbai syllabus for B.Com. (Accountancy) under NEP 2020, in force from the academic year 2026-27. Wording is as printed in that syllabus. Module numbering is as printed there too.
The complete syllabus
This subject is cut from the University circular for its year. Open a document here if you want the whole thing rather than a single subject.