A Complete video lecture on CMA Final Paper15- Strategic Cost Management by M K Jain
|3. Linear Programming|
|4. Learning Curve|
|6. Network Analysis|
|7. Time Series Analysis- Time series analysis including moving totals and averages, treatment of seasonality, trend analysis using regression analysis and application of these techniques in forecasting product and service volume|
|8. Decision-making and Pricing strategies: Inventory decision; product-development decision, product policy, plant location, managerial decision-making; Cost-plus /Mark-up Pricing ; Return on Investment Pricing ; Return on Net-worth Pricing; Evaluation of different Pricing Methods ; Pricing a new Product ; sensitivity analysis in pricing decisions; Monopoly Pricing vs. Competitive Pricing; Bottom Line Pricing|
|10. Transfer Pricing - Objectives, Methods ( Cost Based, Market Price Based, Negotiated Pricing), Advantages and Disadvantages, Criteria for setting Transfer Prices, Transfer Price in different situations, Situations causing Conflicts and resolving the Conflicts;|
|11. Relevant Cost Analysis : Relevant Cost, Irrelevant Costs - Sunk or Historical Cost, Committed Cost, Absorbed Cost, Situations where Fixed Costs become relevant for decision –making and its related implications|
|12. Target Costing – methodology, methods of establishment of target costs, attributable costing, back-flush accounting, target selling|
|13. Life Cycle Costing - Life Cycle Costing -Meaning of Life Cycle, characteristics of life cycle concept, importance and benefits of life cycle costing , Product Life Cycle Costing, Project Life Cycle Costing|
|14. Kaizen Costing – concept, procedure for implementation, evaluation, benefits, challenges|
|15. Budgetary Control and Standard costing in profit Planning|
|1. Budgetary Control,|
|2. Zero Base Budgeting|
|3. Lean Accounting|
|4. Responsibility Accounting|
|16. Variance Analysis - Investigation of Variances, Planning and Operating Variances, Quality Cost Variances, Controllable / Non-controllable Variances, Relevant Cost Approach to Variance Analysis; Learning effect in Variance Analysis; Single and Partial Plan for standard processing costing, variance analysis under marginal costing and absorption costing; ratio analysis; application of budgetary control and standard costing in profit planning|
CA M K Jain
· An Expert on Financial Reproting and Accounting Standards i.e. Accounts, Strategic Financial Management. · Was awarded National Talent Search Scholarship by N.C.E.R.T. in the year 1984. · Stood 32nd in All India Senior Secondary Schools Examination held in 1984. · Was awarded Kulpati’s Gold Medal for Commerce for topping Commerce Group in the year 1984. · Got 9th position in the B.Com(hons.) Examination held in 1987 by University of Delhi. · Ranked 31st in the All India Merit list of the Intermediate Examination of the Institute of Chartered Accountants of India held in 1992. · Again topped the Northern India in the Final Examination of the Institute of Chartered Accounts of India held in 1994 having the all India Rank as 17th. · Topped Northern India and was placed 14th in the All India Merit List of the intermediate Examination of the institute of Cost and Works Accounts of India held in 1987. · Topped Northern India in the Final Examination of Institute of Cost and Works Accountants of India held in 1989 and was placed at 17th Rank in the All India Merit list. · Did B.Com(H) from Shri Ram College of Commerce and Scored highest marks iln Economics, Costing in B.Com(H). · Scored highest marks in M.Com in Economics in the year 1988 from Delhi School of Economics. · Visiting Faculty for Graduation and Post-Graduation Courses of various prestigious colleges and Universities including Oberoi School of learning and Development, Faculty of Management Studies Jamia Hamdard, Appejay School of Management and information Technology, Institute of Chartered Accountants of India etc.
MICE Career Makers Private Limited, New Delhi
MICE Career Makers Private Limited. MICE – Matchless Institute of Commerce & Competitive Exams was established in 1988 under the excellent leadership of CA M.K.Jain (Manoj K Jain) and CA Padma Jain. One of the oldest institutes in the Rohini - Pitampura/North Delhi area now conducting Classes at PITAMPURA, MUNIRKA, SAROJINI NAGAR, GURGAON. ‘MICE - The Career Makers’ became a household name amongst students pursuing Commerce education and Competitve exams. In the Year 1995, MICE Career Makers (P) Ltd. was incorporated to further the cause of education. Numerous students were joining MICE for various courses. There was spurt in the commerce related courses also. Therefore, in the larger interest of its students, The institute took a decision to focus completely on commerce education. MICE thus became the Matchless Institute of Commerce Education. It has since been known for the excellent coaching and guidance it has imparted to numerous students pursuing commerce courses who went on to become successful CA/CWA/CS and are today working in big companies. MICE boasts of an excellent faculty. Both CA M.K.Jain and CA Padma Jain are dedicated to the cause of education. Education is not just a profession for them but a calling. CA M.K.Jain (Manoj K Jain) provides specialized education in practical subjects i.e. Accounts, Costing and Financial Management. Under his excellent guidance students not only gain thorough understanding of the subjects but can also comprehend their interrelationship and practical usage. CA Padma Jain is an authority in Law related subjects i.e. Business Law, Company Law, Tax Law and Auditing. Her in depth knowledge can be seen in the manner in which she correlates the three subjects. She uses discussion as a tool for teaching so that students are able to retain the knowledge imparted to them.
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