Accounting & Commerce

The scope of cost accounting very wide. There are lots of techniques, tools, procedures, processes, programs are used in cost accounting for calculating cost and its control. But basically, we divide its scope within three major parts.
1. Cost Ascertainment
In this region of cost accounting, cost accounting collects product's material, labour and overhead cost and try to calculate total and per unit cost of the product. This total cost calculation will be based on historical or standard or estimated basis. After this, cost accountant will use any method of costing like specific order costing, operation costing, and direct costing technique. These techniques and methods may be used for calculating different nature products in same organisation.
2. Cost Records
In this part of cost accounting, cost accountant maintains cost books, vouchers, ledgers, reports and other cost related documents for future comparison and reference. It will also be under the scope of cost accounting.
3. Cost Control
this is the end boundary of cost accounting scope. In this division, cost accountant used different techniques and methods for controlling the cost. Save One Rupees in the cost of product means we have earned one rupees in the production of goods. So, Cost accountant uses budgetary control, standard costing, break-even point analysis and many other techniques for controlling the cost
job opportunities available in India
Cost accountants might work for accounting or consulting firms, or they might work directly for corporations in the retail or manufacturing sectors. But regardless of the work environment, accurate cost accounting enables a company to reduce financial waste and increase profit. Entry Level jobs
Types of Roles
Staff cost accountant, junior accountant, accounting assistant, accounting clerk
Mid Level jobs
Types of Roles
Cost accounting manager, senior cost accountant
Senior Level jobs
Types of Roles
Financial controller, chief financial officer, vice-president of finance.

Eligibility:
Pass in class 12th (10+2).
Selection Process:
1) Selection for the programme will be based on the performance in class XII. After processing the Application forms of candidates whose supporting documents are submitted to the office within 3 working days of the declaration of the class XII result (Karnataka PUC/ISC/CBSE), the cut-off percentage will be declared and displayed on the University notice board/University website. No postal/telephonic/e-mail communication will be given from the University. The University does not authorize any individual or organization to operate on its behalf.
2) Candidates will be contacted:
https://appstat.christuniversity.in or www.christuniversity.in
3) Candidates failing to submit the application within the stipulated date and time will be considered as not selected.
4) B.Com F&A classes will commence from 06-30 AM to 01-30 PM to facilitate the conduct of CPT and IPCC of CA classes.

The most common choices:
Chartered Accountant (CA)
One of the most common careers that cross every commerce students mind is CA. Masters of Commerce (M.Com)
Done with the B.Com now, what next? I am sure most of you said M.Com. Let's go International
Certified Management Accountant (CMA)
If you have plans of going global or working in the top MNCs then going for international certifications is the right choice for you.
Certified Public Accounting (CPA)
A Certified Public Accountant CPA is the highest standard of competence in the field of Accountancy across the globe. Association of Chartered Certified Accountants (ACCA)
ACCA (Association of Chartered Certified Accountants) is the worlds leading and the fastest-growing international accountancy organisation with 162,000 members and 428,000 students in 173 countries. And many others.

Entrance Test is of 2 hours duration and shall carry 400 marks. The written test shall be based on the following syllabus and shall contain 100 objective type questions, 25 questions broadly from each of the four units:
Unit 1. Economics (including Micro Economics, Macro Economics, and Problems of Indian Economy)
Unit 2. Accounting (including Financial Accounting, Corporate Accounting, Cost Accounting, and Management Accounting)
Unit 3. Business Statistics and Mathematics
Unit 4. Business Organization, Management, Business Law, Company Law and Income Tax Law
Each of the Four units carries equal weights. The above syllabus is drawn from the current B.Com (Hons.) course of the University of Delhi (graduating this year).
Each question would carry four marks and a wrong answer would result in the negative marking of 1 mark.