CA Final Strategic Cost Management & Performance Evaluation (SCM & PE/SCMPE) | CRACKER | Virtual Book

This book is prepared exclusively for the requirements of the Final Level of Chartered Accountancy Examination. It covers the questions & detailed answers strictly as per the new syllabus of ICAI.

The Present Publication is the 4th Edition for CA-Final | Nov. 2023 Exam. This book is authored by CA (Dr) K.M. Bansal & CA Meena Verma with the following noteworthy features:

• Strictly as per the New Syllabus of ICAI
• Coverage of this book includes:
• Past Exam Questions, including
• Solved Paper: May 2022 (Suggested Answers)
• Solved Paper: November 2022 (Suggested Answers)
• Solved Paper: May 2023 (Suggested Answers)
• Questions from RTPs and MTPs of ICAI
• [Arrangement of Question] Questions in each chapter are arranged 'topic/sub-topic' wise with additional solved practice questions
• [Examples, Questions, Case Scenarios along with Solutions] are included on various topics based on the Skill Assessment as provided by the ICAI
• [Case Studies] are covered in relevant chapters of this book
• [Marks Distribution] Chapter-wise marks distribution from May 2018 onwards
• [Previous Exam Trend Analysis] Previous exam trend analysis from Nov. 2020 onwards
• [Comparison with Study Material] Chapter-wise comparison with ICAI Study Material

Contents of this book are as follows:

• Strategic Cost Management & Decision Making
• Introduction to Strategic Cost Management
• Modern Business Environment
• Lean System and Innovation
• Cost Management Techniques
• Decision Making
• Pricing Decision
• Performance Evaluation & Control
• Performance Measurement and Evaluation
• Divisional Transfer Pricing
• Strategic Analysis of Operating Income
• Budgetary Control
• Standard Costing

About the Author

K.M. Bansal

CA (Dr) K.M. Bansal is an Associate Professor of Commerce at Dr B.R. Ambedkar College, University of Delhi. A Gold Medalist from Shri Ram College of Commerce and a University Rank Holder in M.Com. He later earned his M.Phil. (Accounting & Finance) from the Delhi School of Economics and now supervises research at the same level.

Dr Bansal, a chartered accountant and seasoned educator, has taught for over two decades. He regularly serves as visiting faculty for ICAI and ICSI and is a sought-after speaker at conferences, seminars, and faculty development programmes across India.

His commitment to professional excellence has been recognised repeatedly by the Northern India Regional Council of ICAI, honouring him with certificates of appreciation in its Diamond Jubilee year (2011) and again in 2016, alongside an award for "Commendable Contribution to the Profession."

Known for staying abreast of every shift in accounting standards and business law, Dr Bansal brings a uniform, practical approach to problem-solving, making him a favourite among students and fellow professionals.

Meena Verma

Meena Verma is a science graduate as well as a Chartered Accountant. She teaches CA Final SCMPE (Costing), US CMA and ACCA students at various prestigious institutes. She is visiting faculty of ICAI and has worked as a resource person for ICAI NIRC and ICAI BOS. She is working for the central council committee as well. She was also invited by Dr Vivek Bindra Bada business as a guest professor.

She is also a digital content developer; She has developed content related to business strategies followed by various business organizations for her YouTube channel, having 33,000 followers. She has done several kinds of research on Strategic Cost Management and has laid down various conceptual papers. Her forte is in analyzing the business situation & accordingly advising the clients.

Meena Verma promoted a firm named Meena Verma and Associates, which facilitates advisory & consultancy-related services. Apart from her academic interest, she is also a scriptwriter for award-winning short films SORRY and SAPNA, which were nominated for the Dada Saheb Phalke International film festival and other national and international film festivals.