CA Final is the final gateway of the Chartered Accountancy course in India. Students after successfully clearing both the groups of CA Intermediate examination along with the 2.5 years of Articleship training are eligible to appear in the CA Final Examination. CA Final course Consists of 8 Subjects which are divided into 2 groups of 4 subjects each. All the CA Final Subjects are important but one which plays one of the important roles is CA Final Strategic and Cost Management. It is also known as the CA Final Costing. Students who are looking for In-depth information about the CA Final Costing. Don’t worry below we have mentioned each and every detail about the CA Final Costing.
CA Final Costing is one of the most rewarding subjects. It is necessary that the student should know and everything about the CA Final costing if they really want to take the full benefits. Once your CA Final syllabus is completed students can solve the CA Final Mock test paper and the previous year’s question paper along with the revision test paper which helps them to increase their performance during the examination.
Students after reading this blog will able to get all the in-depth information about the CA Final Costing along with the CA Final Costing Exam Pattern, CA Final Costing Paper pattern, CA Final Costing Chapter-wise marks weightage, CA Final Costing Syllabus, CA Final Costing Study material, CA Final Costing Books, CA Final Costing Question Paper, CA Final Costing MTP/RTP, CA final paper and at the last CA Final preparation tips which will help you to increase your performance and score well in your examination.
Why CA Final Costing an Important Subject for the Examination?
CA Final Costing or CA Final Strategic Cost management and performance evaluation is the 5th paper of CA Final. The Subject is divided into 2 parts, one with CA Final Strategic Cost management and the other with CA Final Performance evaluation. CA Final Costing Syllabus helps the students to develop a good understanding of the pricing model and budgetary control. It helps the students in understanding and building performance accounting along with behavioural management accounting. CA Final Costing is more focused on the practical approach than the theoretical approach.CA Final Costing also helps synthesise, and analyzing the cost factors.
Below are the other CA Final Costing Subject which is also as important in CA Final Costing
Group 1
- P1 Financial Reporting
- P2 Strategic Financial Management
- P3 Advanced Auditing and Professional Ethics
- P4 Corporate and economics Laws
Group 2
- P5 Strategic cost management and performance evaluation
- P6 (A) Risk Management
- P6 (B) Financial Services and Capital Market
- P6 C) International Taxation
- P6 D) Economics Laws
- P6 E) Global Financial and Reporting Standard
- P6 F) Multidisciplinary Case Study
- P7 Direct Tax Law and International Taxation
- P8 Indirect Tax Law
CA Final Costing Paper Pattern 2023 (New Course)
Below is the most updated CA Final Strategic Cost Management Paper Pattern 2020. Students must know the CA Final Costing Paper pattern before appearing in the examination. The Paper is held in both languages student can choose at the time of filling of the application form.
| CA Final Costing Paper Type | Subjective |
| Total Number of Questions | 100 |
| Total Exam Duration | 3 Hours |
| Maximum Marks | 100 Marks |
| No. of Question | 5 Out of 6 have to do |
Also read: ICAI has announced CA Final exam dates 2023 Examination.
CA Final Costing Exam Pattern 2023. (New Course)
Below is the CA Final Strategic Cost Management Exam Pattern/skill assessment. Students must follow these below CA Final Costing Examination Pattern points at the time of CA Final Audit Revision.
- CA Final Strategic Cost management paper is 100 marks
- Students have to attempt any 5 questions out of 6.
- There are a total of 13 chapters to study for the examination.
- There is no negative marking in the CA Final Costing paper.
CA Final Costing Chapter Wise Marks Weightage 2023.(New Course)
Below is the CA Final Strategic Cost Management Chapter-wise Weightage. There are a total of 13 Chapters in CA Final Costing. Students must know CA Final Costing Chapter-wise weightage, it helps the students in giving the priority to the chapter having more marks and weightage. At the time of preparing your study plan student, you can go through these CA Final Costing marks weightage and divide your schedule according to it.
| Chapter | Topics | Weightage |
| Strategic Cost Management
Chapter 1-5 |
| 25 marks |
| Strategic Decision Making
Chapter 6-7 |
| 15 marks |
| Performance Evaluation and Reporting
Chapter 8-10 |
| 25 marks |
| Managerial Control
Chapter 11-12 |
| 15 marks |
| Case studies
Chapter 13 |
| 20 marks |
CA Final Costing New Syllabus 2023.
Below you will find the latest CA Final new syllabus. After successfully registering for your CA Final Examination, the first thing which students are advised to do is to go through your CA Final Costing Syllabus. Below we have given the CA Final New Syllabus PDF Link. Students can download the CA Final Costing Old Syllabus and CA Final Costing New Syllabus.
Every year ICAI keeps on doing changes to CA Final Strategic Cost Management and Performance Evaluation Syllabus. It is necessary that students should know all the updates. Below are the CA Final Costing New Syllabus PDF and CA Final Costing Old Syllabus PDF.
- Download CA Final Costing New Syllabus PDF 2023. (Click Here)
- Download CA Final Costing Old Syllabus PDF 2023. (Click Here)
Also Read: Check the CA Final exemption Rule.
Also Know: How to Become CA in India
CA Final Costing Study Material 2023. ( New Course)
After the syllabus, you can download the Latest CA Final Study Material new syllabus 2023 Examination. CA Final Study material contains all the in-depth detail about the Chapters and Topics which are going to appear in the examination. Students can get an overview of all the chapters before they start their preparation.
ICAI has also said that CA Final Strategic cost management study material is enough to crack the Examination. For those who are looking for the Reference books and want to practice more for the Examination, they can Check CA Final Costing Books Down Below after this topic. Below is the CA final Practice Manual for the examination.
Download CA Final Costing Study Material PDF 2023 in English and Hindi (Click here)
CA Final Costing Books 2023.
Meaning while the CA Final Costing Study Material is enough to Crack the examination. Still some students always look for some reference books other than the study material. Below we have given the Best Books for CA Final Costing. These are the CA Final Costing Best Books for Self Study. Students can download these CA Final Costing Books PDF from their Official website. Students can use these books for CA Final Costing Important Chapters or can prepare the CA Final Costing Notes.
- Sanjay Aggarwal
- P.C Tulsian
- B Saravana Prashant
Also Read- Tips to Clear CA Final Examination in First Attempt.
CA Final Costing Question Paper with Suggested Answers 2023.
Below are the CA Final Strategic cost management and performance evaluation Questions with the solution. Solving these CA Final Costing Previous year questions help you to score well in the examination. Students can click on the analyze their performance after solving these CA Final Costing Important Questions. Solving this paper helps in the CA Final Costing revision. Students can also segregate CA Final Costing important chapters from them and prepare them well.
Below are all the CA Final Costing Paper Previous year Question papers with solution PDF links.
CA Final Costing Mock Test Paper 2023.
CA Final Costing Mock test Paper is based on the real-life examination. Students can solve these CA Final Strategic cost management Mock Tests before the examination. Solving these CA Final Mock Test Papers will help you to score well in the examination and help you to increase your performance for the examination. Student who are doing CA Final Costing Self Study for them are beneficial.
CA Final Costing Mock Test Paper Question with solution new revised course.
CA Final Costing Revision Test Paper 2023.
Solving CA Final Costing Revision Test Paper helps a student a lot during the last days of the preparation and help them at the time of CA Final Revision. Students can download the CA Final Strategic and Cost Management Revision Test paper in English and Hindi from Down below. These Revision test paper play also known as the CA Final Costing Sample Papers.
–November, 2021 – Hindi Medium
Download the latest CA Final Quick Revision Capsule 1 (Click Here)
Download the Latest CA Final Quick Revision Capsule 2 (Click Here)
Also Read: ICAI CA Final Admit Card May 2023 out Now check here.
CA Final Costing Reference for Quick Revision 2023.
This year ICAI has introduced the CA Final Costing Reference of Quick Revision Nov 2020 Examination. Students after completion of their syllabus can go through the CA Final Costing Reference for quick revision to revise at the last moment. Quick revision contains all the important points which you can revise on the go for CA Final Costing Papers.
Download ICAI CA Final Costing Reference of Quick Revision Nov 2023 PDF. (Download Now)
CA Final Costing Case Study with Solution 2023.
Case studies in CA Costing are one of the most important topics. It contains a weightage of 20% marks. Students need to use their understanding and evaluation skills to solve these CA Final Costing Case studies. Following the proper paper pattern, these case studies should be solved and will help a lot to students who are doing CA Final Costing Self Study.
Below is the Latest CA Final Costing Case study PDF for the 2020 Examination. Click here to download.
- Supply Chain Management ‘Memorable Travels’
- Fitzgerald and Moon’s Building Block Model ‘Grab and Go’
- Traditional Accounting Framework vs. Triple Bottom Line Framework ‘PSL’
- Porter’s Value Chain Model vs Value Shop Model ‘Westwood’
CA Final Costing/ SCM / PE additional Case Studies 2023.
For those, the above case studies are not enough below we have given the CA Final Strategic Cost management additional case studies. You can select CA Final Costing Important Question from them.
Below are the CA Final Strategic Cost management and performance evaluation Case Study 2020.
- Six Sigma ‘Derby Grey’
- Environmental Management Accounting ‘CNB Oil’
- Value Analysis and Functional Analysis ‘QWC’
- Triple Bottom Line (TBL) ‘Caregiver’
- Feedback Control & Feedforward Control ‘EW Partners’
- Business Process Reengineering ‘ANI’
- Participative Budget ‘SPM’
- Variance Analysis in ABC and Planning & Operational Variances ‘JPY’
- Performance Measurement System ‘Aquatic Feed’
- Activity Based Cost Management ‘Melody’
- Decision Making ‘S’
- Life Cycle Costing ‘Y-Connections’
- Planning and Operational Variances ‘PTKLL’
- Interpretation of Direct Labours Variances ‘NZSCO’
- Performance Measurement in the Not for Profit Sector ‘West Coast’
How to Revise CA Final Costing 2023.
It is necessary to revise your CA Final Costing 2020 syllabus continuously. To help every student ICAI keeps on releasing the preparation material for the student. Below is the CA Final Quick Revision Capsule for Nov 2020 Examination. Solving these CA Final Costing Revision capsules helps the students in the revision of the subjects at the last moment.
CA Final Costing Quick Revision Capsule-1
CA Final Costing Quick Revision Capsule-2
CA Final Costing Old Course VS CA Final Costing New Course.
With the change of syllabus from old to new ICAI has made a lot of changes in the CA Final Costing Syllabus. Everything from the Paper pattern, Exam Pattern and Topics and Chapters to a lot of modification has been done by the ICAI.
By clicking on the below links you are able to see the difference between CA Final Costing Old Syllabus and New Syllabus.
CA Final Costing OnliFne and Pendrive Classes 2023.
CA Final Strategic Cost Management is one of the lengthy subjects. For those CA Final Costing is becoming the hurdle they can prefer to join the CA Final Costing Online Classes or CA Pendrive Classes. Students must be aware at the time of joining the CA Final Costing Coaching Classes. Not every city has the best CA Institution in India those students can choose the Best CA Online classes and Pendrive Classes in India.
CA Final Costing Preparation Tips to score well in the Examination.
Students who are facing any problem can follow these below CA Final Costing Self Study Tips to score well in the Examination.
- Prepare a CA Final Costing Study plan before starting your preparation for the CA Final Examination.
- Try to complete the lengthy chapters with more marks weightage.
- Try to complete your Course 2 Month before the examination so that you can utilize the remaining doing the revision
- Solve CA Final Costing MTP/ RTP and previous year question paper which helps you to score well in the examination.
- Confidence and Calmness is the reason to increase the performance and score good marks in CA Final Result and securing a good ranking.
Commencement of Live Virtual Classes (LVC Batch – 2) under the New Scheme from 15th April 2024 for the students of CA Foundation/Intermediate/Final courses appearing in September/November 2024 Examinations – (10-04-2024)