CUET PG 2026 M.COM CRASH COURSE | COST ACCOUNTING Lec.-04 | ARCHANA MA'AM

Описание: Master one of the most important Cost Accounting topics for CUET PG M.Com 2026 in this detailed lecture on Integrated Accounting System and Reconciliation of Cost and Financial Accounts.

This session is designed to help you understand both concepts and exam-oriented numericals, exactly the way questions appear in CUET PG and university exams.

🔹 Topics Covered in This Video
✅ Integrated Accounting System

✔ Meaning and objectives of integrated accounts
✔ Difference between Integral and Non-Integral systems
✔ Advantages of integrated accounting
✔ Ledger structure in integrated system
✔ Treatment of materials, wages, overheads, WIP and finished goods
✔ Journal entries and control accounts

✅ Reconciliation of Cost and Financial Accounts

✔ Why reconciliation is required
✔ Reasons for difference in profits (Cost vs Financial Accounts)
✔ Items appearing only in Financial Accounts
✔ Items appearing only in Cost Accounts
✔ Over/Under absorption of overheads
✔ Notional charges and pure financial incomes
✔ Preparation of Reconciliation Statement
✔ Format and solved numerical approach

🎯 Why This Topic is Important for CUET PG?

📌 Frequently asked in:

Theory MCQs

Match the following

Statement-based questions

Practical numerical problems

Understanding this chapter helps you score easy and sure-shot marks in Cost Accounting.

📚 Part of our CUET PG M.Com Crash Course – Cost Accounting Series

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