Service Costing (Operating Costing) : Meaning of Service Cost, Service costing in case of Transporters, Boiler house, Hospitals, Canteens and Hotels.
Reconciliation of Cost & Financial Statements: Causes of differences, Procedure of Reconciliation of the results of Cost and Financial Accounts, Reconciliation Statement and Memorandum Reconciliation Account.

Process Costing: Meaning of Process costing, Procedure Treatment of Normal and Abnormal Loss and Abnormal Gains, Accounts for Normal and Abnormal loss and Abnormal Gain, Inter process Profit
Joint and By Product Costing

Equivalent Production, Treatment of W.I.P. on FIFO and Weighted Average Method.
Marginal Costing: Meaning and objectives, Break – even Analysis, Cost – Volume – Profit Analysis

Decision Making: Relevant cost analysis, Differential cost analysis, Stock valuation under marginal costing versus absorption costing Decisions based on Marginal Costing like Make or Buy, Own or Lease, Shut down or Continue

Production Decisions: Dropping or adding a product, Determining the most beneficial product mix, Production method to be adopted, Pricing decisions in special circumstances like sale below cost, export pricing, dumping and inflation.