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Subject: cost accounting
Date: 10-Apr-2009
 
Question: Course detail of Cost Accounting?
About foundation exams?
What is needed to take admission in cost accounting after +2?
 
Answer: The Institute of Cost And Works Accountants of India (ICWAI), with its headquarters at Kolkata and four regional councils at Kolkata, Chennai, Delhi and Mumbai offers a cost and management accountants course.Candidates with plus two qualification can join the institute's intermediate course after qualifying for the foundation course examination of the institute. However, direct registration without appearing for the foundation course is open to graduates of any discipline.

The course comprises of three stages:-
Foundation, Intermediate and Final.

FOUNDATION: The Foundation Course has the following subjects.

  • Business Fundementals and Economics
  • Management and Organisation
  • Basic Mathematics and Statistics
  • Commercial Laws

INTERMEDIATE: The following are the subjects in the Intermediate Examination.

GROUP I:

  • Financial Acounting
  • Cost Accounting
  • Corporate Laws and Secretarial Practice
  • Direct Taxation

GROUP II:

  • Cost and Management Accounting
  • Auditing
  • Indirect Taxation
  • Quantitative Methods

FINAL: The subjects in the Final Examination are:
GROUP I

  • Advanced Financial Accounting
  • Information Technology and Computer Applications
  • Operations Management and Control
  • Project Management and control

GROUP II

  • Advanced Management Accounting - Techniques and Applications
  • Advanced Financial Management
  • Advanced Management Accounting - Strategic management
  • Cost Audit

All the best
CareerAge Counselor

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