CA Final Paper 5 – Strategic Cost Management & Performance Evaluation

Strategic Cost Management & Performance Evaluation for CA Final was introduced in 2018 and the first examination for this paper was held in May 2018.  The paper signifies the importance of exposing the aspiring Chartered Accountants to the ever-growing world of corporate management.  The videos modules developed by Takshila Learning are a sincere attempt to place at the disposal of the examinees to this paper, a concise study and learning material.It will not be too presumptuous to claim that these modules are enough for passing out the examination and also we ensure that these modules will give a definite direction to students to conveniently and efficiently do the related work in their domain.  In the following paragraphs, the entire package of modules is briefly described along with a brief background of the significance of the subject of the CA Final Paper Strategic Cost Management & Performance Evaluation. 

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COST ACCOUNTING evolved into the MANAGERIAL COST ANALYSIS in the 1980s and the MANAGERIAL COST ANALYSIS has evolved into what is called STRATEGIC COST MANAGEMENT in the last three decades.  Interest in cost management is derived from the rise to prominence of strategy over the past 20 years. Performance evaluation is the process of managing an organization’s strategy.  There is an extensive and rapidly growing literature on the concept of STRATEGIC COST MANAGEMENT AND PERFORMANCE EVALUATION.  The total package comprises of over 80 lecture modules covering all units as mentioned in the syllabus. Part A is on STRATEGIC COST MANAGEMENT and Part B is on PERFORMANCE EVALUATION

All the topics included in the syllabus are focused around the cost management strategies and related issues.  Given the limitation of space, students are strongly recommended to follow-up the modules learning with intense practices from books especially those referred in the video modules.  The case studies have been framed for explaining various topics as well as exposing the methodologies of handling the case-based problems in the examination. Modules in Part A has been divided into sub-parts and further into units. Topics having significant importance in terms of examination have been explained in detail and with numerical examples wherever required while other topics have been explained briefly but effectively.  Part B focuses on Performance evaluation, including topics describing the tools of performance evaluation and topics with specific management areas where the tools for evaluation are used.  These topics have been explained with numerical examples/cases.

Dr.jagannathan is an experienced academician with over 45 years in academic life. He is a holder of graduate, post-graduate and a PhD degree in commerce conferred by the University of Delhi. Being a fellow of the Institute of cost accountants of India, he has been practising as a management accountant for the past 20 years with wide exposure in corporate accounting, apart from teaching and other academic activities in accountancy which has been his passion for years. He has headed the accounting institute, academic institute and involved in guiding the preparation of books in accounting, conducting examinations in accountancy and still continues to do this. If you need help with CA Final Paper 5 - Strategic Cost Management & Performance Evaluation contact Takshila Learning‘ CA Exam Expert. Also, you may begin your preparation with the CA Final Free Demo Classes. Now students from all over India can learn from India’s Most Experienced Professors online and get their dream career.

In the end, it is pertinent to emphasize that background of cost accounting is essential to attempt this paper and therefore it is assumed while discussing various topics in these lecture modules.  Takshila Learning wishes best results to all the user students and would be happier if genuine feedback is forwarded to us for further improvement in the modules.