Buy SCMPE Crash Course PLUS With RTP & Past Papers - AJ Next
SCMPE – Crash Course PLUS – With RTP & Past papers

Details

It is a course designed to give a student complete knowledge of Paper 5 at the CA FINAL level. Mind you this is the paper that creates a lot of problems for the students as it does not have a format or any formulas. It is business and we are going to learn all aspects of the business.

This Crash Course PLUS gives you all the knowledge required to excel in this paper. Go through the FAQ to know more.

Preface to the book.

“No matter how much you are qualified, common sense always helps”

Business is changing and so is our subject. The greatest companies of all times like General Motors, Lehman Brothers, Reader’s Digest Association, etc today are no longer dominant. Most local retailers are closing down due to e-commerce, technology has had a far more negative impact than positive. Self-driven cars will lead to massive unemployment in India and create new jobs for those who are experts in Artificial Intelligence. Robots will replace servants one day at your house. Make yourself that capable that you will survive all changes of tomorrow. Go to Europe and you will find accountants now don’t do the jobs they were doing 10 years ago. Accounting is done automatically. Companies like Smack are doing automation at a rapid pace. Companies like EVER LAW are making lawyers jobless by proving automated replies to legal problems. Cryptocurrency is about to gain momentum in the future. Luxuries of today will be necessities of tomorrow. The invention is the only thing that will keep you alive.  Never thought the internet will be a business one day, never thought Youtube could make money, never thought Facebook could make billionaires…. But these are the business of today. Our coaching industry underwent so many changes. From face-to-face classes, to pen drives and virtual, we have seen all. I am still from the traditional school of thought where I think that “when a student comes face to face, he really enjoys the subject and is not only trying to just pass for sake of becoming a CA”.

 

Marginal costing, standard costing, and Performance Evaluation occupy a major chunk of this syllabus and almost all the chapters get included under these headings. This is one of the subjects that I have taught for the past 19 years and can still say there is so much to learn. New concepts keep arriving and it is very interesting to learn these new concepts especially as they relate to the manufacturing sector as the growth of any country is determined by its manufacturing sector. Japanese and German concepts of manufacturing like TQM, JIT, Target costing, ABC, Value chain analysis, ERP, Benchmarking, Beyond Budgeting, etc are being implemented by Multinationals across the world. Unfortunately, Costing in India is still at a very early stage and it might take many years before these techniques get implemented like they are in developed countries.

 

“A student makes his own destiny and no matter how much a faculty does, it is only students’ efforts that give fruit.”

 

to be continued

INDEX OF PRACTICAL BOOK
Sr. No. TOPIC & ORDER OF STUDY ICAI Module
1 Marginal & Absorption Costing 6
2 CVP Analysis / Decision Making 6
3 LPP 6
4 Relevant Costing 6
5 Theory of Constraints 2
6 Internal Pricing 9
7 External Pricing 7
8 Learning / Time / Experience Curve Everywhere
9 Life cycle costing 4
10 Pareto Analysis 4
11 Standard Costing 12
12 Strategic analysis of income statement 10
13 Activity-Based Costing 10
14 Target Costing 4
15 Customer Level Analysis 10
16 Direct Profitability 10
17 TQM 2
18 TPM 3
19 JIT 3
20 Balance Scorecard (Kaplan) 8
21 Performance pyramid (Lynch & Cross) 8
22 Economic Value Added (Stern Stewart & Co) 8
23 Budgetary Control 11
24 Costing of service sector 6
25 Notes
INDEX OF THEORY BOOK
1 Introduction to Strategic Cost management 1
2 Modern business environment 2
3 Lean system & innovation 3
4 Cost Management Techniques 4
5 Costing of Specific Sector 5
6 Decision Making 6
7 Pricing Decisions 7
8 Performance Measurement and evaluation 8
9 Transfer pricing 9
10 Strategic analysis of income statement 10
11 Budgetary Control 11
12 Standard Costing 12
INDEX OF CASE STUDIES BOOK
1 PORTER’S VALUE CHAIN vs VALUE SHOP 1
2 VALUE CHAIN ANALYSIS 1
3 SUPPLY CHAIN MANAGEMENT 2
4 KAIZEN COSTING. 3
5 KAIZEN COSTING. 3
6 SIX SIGMA 3
7 BUSINESS PROCESS RE-ENGINEERING (BPR) 3
8 TPM 3
9 ENVIRONMENTAL MANAGEMENT ACCOUNTING. 4
10 ENVIRONMENTAL MANAGEMENT ACCOUNTING. 4
11 LIFE CYCLE COSTING’ 4
12 VALUE ANALYSIS & FUNCTIONAL ANALYSIS 4
13 ETHICAL BUSINESS 6
14 THE BUILDING BLOCK MODEL 8
15 TRIPLE BOTTOM LINE 8
16 TRIPLE BOTTOM LINE 8
17 BALANCE SCORECARD 8
18 PERFORMANCE PRISM 8
19 BUDGETARY CONTROL. 11
20 FEEDFORWARD & FEEDBACK CONTROL 11
21 PARTICIPATIVE BUDGET ‘SPM’ 11
22 VALUE CHAIN ANALYSIS, STANDARD COSTING BALANCED SCORECARD & KPI. 1, 8 & 12
23 PORTER’S FIVE FORCES & DIVISIONAL TRANSFER PRICING 1 & 9
24 BUSINESS EXCELLENCE MODEL 2
25 SIX SIGMA & COST OF QUALITY 2 & 3
26 PERFORMANCE MEASUREMENT IN NOT FOR PROFIT SECTOR (Value for Money) 8
27 COMPETITIVE ADVANTAGE AND CONTROL SYSTEM 1 & 11
28 BEYOND BUDGETING 11
29 CONTROL THROUGH STANDARD COSTING SYSTEM 12
30 COMPETITIVE ADVANTAGE 1 & 7
31 PORTERS 5 FORCES MODEL 1
32 TARGET COSTING 4
33 5 S 3
34 BUSINESS PROCESS RE-ENGINEERING 3
35 BUDGETARY CONTROL 11
36 BOTTOM-UP OR TOP-DOWN 11
37 Benchmarking 8
38 Building Block 8

Extra Material in softcopy

Chapter 13 – Integrated Reporting Issued by ICAI in Jan 2021 (notes in softcopy will be given)

RTP OF May 2020,  Nov 2020, and May 2021

Past Papers of May 2019, Nov 2019, and Nov 2020

12 Extra Case Studies

  1. ONE Practical Book (excluding RTP and Past papers)
  2. ONE THEORY BOOK INCLUDING CASE STUDIES
  3. Pen Drive (if opted for Pen drive)  OR Google Drive (26 GB)

NOTE: Courier is done with the help of courier agencies. It usually takes 2 days for us to give the package to the courier agency and further time to deliver the package to the students depends on location. AJ NeXt does not guarantee the time duration when the courier will reach the students. It can provide the tracking id within 3 days of the order.

 

Even if you opt for Pen Drive, the following lectures have to be downloaded from the link that will be provided.

Chapter 13 – Integrated Reporting Issued by ICAI in Jan 2021 (notes in softcopy will be given)

RTP OF MAY 2020,  NOV 2020 and May 2021

Past Papers of May 2019, Nov 2019 and Nov 2020

12 Extra Case Studies

WINDOWS LAPTOP only (Desktop / Macbook / Chromebook does not work)

Windows 7 and Above

2 GB Ram or more

Intel Processor i3 / Pentium and above OR AMD processor

Graphics Card

Students will install the software provided. For any technical problem, call 7061116111.

 

Lectures can be availed even though AJ NEXT app (Android or IOS). You should have Android 8 and above or IOS 10 and above. Once you select an option, we cannot change it.

 

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  7. There will be no refund under any circumstances

Frequently Asked Questions

Is this a crash course?
No, to be very specific, we call it as crash course PLUS. PLUS because it is easily more advanced than regular courses of all other faculties in India.
Can this be done by a fresher?
Yes, this course can be done by a fresher also who is having no knowledge of the subject and is doing it the first time..
What is the uniqueness of this course?
It covers every important part of the course.
What is done to make a student remember each point?
At end of each question, there is STICKY NOTE, where is a student will write whatever he/she have learnt in that question
Are the question covered enough exams?
Honestly, it covers more questions than regular course of any other faculty across entire India
Will theory be covered?
Yes, there will be a coloured theory book provided and lectures will cover each question of theory.
Will case studies be covered?
Yes, all the case studies will be covered through 2 books especially made for case studies and some more will be done through the practical book.
How many case studies will be covered?
Around 45 case studies including what are there in the practical book.
Can a students pass through this course?
Yes, every year those students who cant take up our regular course Face to face OR virtual take up this course. In fact there have been few rankers also who had taken crash course.
What topics will be covered?
Entire portion will be covered. In any case, index is given in the index Tab above
Your delivery consists of how many books?
1 Coloured practical book. 1 Coloured theory Including Case Study Book All books will be coloured
What is the difference between 4 edition of Crash Course and CRASH COURSE PLUS(5the edition)
5th Edition crash course is of 120 hours. Old crash course of SCMPE was of 90 hours. Here coloured book is given even for the practical part. This book is text book cum a work book. It contains yellow sticky notes so that importance in problem can be remembered. No of problems solved has been increased a lot to cover all types of questions asked in the exams.
What will be methodology of teaching?
We teach in a self learning way. We read each question. you will be given time in most of the questions to think yourself and then we write the answer.
Can the validity extended?
No, it cannot be extended under ANY circumstances.
How will my doubts be addressed?
Message on 8080324444. Give us 24 hours to reply back.
Can the VALIDITY be extended?
Not under ANY circumstances
How will amendments be covered?
students will be informed via YouTube and telegram channel
Will it work on desktop?
Lectures only work on windows LAPTOP and nothing else.
Can I change my laptop?
Lectures will only work on laptop where it was installed the first time
Are RTP INCLUDED?
Yes of May 2020 and Nov 2020 (notes downloads from ICAI.org)
Are past papers included?
Yes of May 2019 and Nov 2019 (notes downlaod from ICAI.org)
Is integrated reporting issued by ICAI in may 2021 included?
Yes, there is a chapter on it. Notes are provided in Softcopy
Is there anything extra?
12 more case studies (with notes in softcopy) are included, which were released in new SCMPE study material
Course Detail
  • Course: CA FINAL
  • Course Type: Crash Course
  • Attempt: Nov 2021 May 2022
  • Number of Total Hours: 150
  • Number of Lectures: 98
  • Validity: 6 Months
  • Number of Views: 1.5
  • Subjects:
    Paper 5 - Strategic Cost Management and Performance Evaluation
  • Language:
    English
    Hindi