Many students refer to parts of this paper as simply costing or AMA (Old Syllabus). ICAI has introduced this CA Final paper Strategic Cost Management and Performance Evaluation because, as a CA, acting as a consultant, you will need to ensure that business keeps their costs low and to improve their use of resources. You will also have to identify ways in which to increase revenue, analyse operations and suggest structural changes among other responsibilities. The concepts outlined in this paper help you develop these skillsets. It builds on the syllabus from paper 3 in CA Intermediate.

Students face two major difficulties with this paper:

They find it hard to understand the concepts in general

They feel that the paper is too lengthy, and it is difficult to attempt the entire paper within 3 hours in the exam.

However, if you learn to cost in the right way, you do not have to face these difficulties. In fact, concepts around costing are quite clear and logical if you take the time to understand them. And you can gain an easy exemption if you are clear in the concepts.

So that you gain a solid base, the faculty for this CA Final paper, CA Tarun Jagdish, emphasizes conceptual clarity. He spends a lot of time going over the fundamentals and applies them to various practical scenarios. After he goes over the concepts, he links them to relevant exam-oriented questions. He also encourages you to clear your doubts. You can use our doubt clearing facility where we forward your questions to the relevant faculty.

Also, the general advice in studying such material is for you to take an active approach. We encourage you to take short notes while the CA Final lectures are being presented. This will help you in retaining these ideas in your memory.

CA Tarun Jagdish’s unique approach facilitated by LearnCab in teaching this material will surely help you understand costing at a deeper level! His 7+ years’ experience in practice and teaching at various esteemed academies is a great value add to the LearnCab faculty and community. He is a Chartered Accountant by Profession a partner at M/s. Tarun & Eshita, Chartered Accountants, Kozhikode. He is specialized in the field of Management Accounting and Strategic Financial management. This gives him the necessary expertise to teach Strategic Cost Management & Performance Evaluation paper at the CA Final level.