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๐Ÿ“˜ CAF 05 โ€“ A Handbook of Management Accounting (18th Edition)

As Per ICAP Education Scheme 2025
Certificate in Accounting & Finance (CAF)
Publisher: PAC


๐Ÿ”น Introduction:

The CAF 05 Handbook of Management Accounting (18th Edition) is a comprehensive guide designed according to the ICAP Education Scheme 2025. It covers essential costing and management accounting concepts that are critical for success in the Certificate in Accounting and Finance (CAF) examinations.


๐Ÿ”‘ย Key Points:

  1. Fully aligned with the ICAP 2025 syllabus for CAF students.

  2. Covers both traditional and modern costing methods in detail.

  3. Includes ICAP past papers from Autumn 2009 to Spring 2025 for comprehensive exam preparation.

  4. Provides clear explanations of inventory valuation, labor, and overhead costing.

  5. Features detailed sections on activity-based costing and process costing.

  6. Offers insights into marginal and absorption costing techniques.

  7. Simplifies variance analysis and standard costing with practical illustrations.

  8. Guides on short-term decision making and cost-volume-profit analysis.

  9. Integrates target costing and inventory management for real-world applications.

  10. Authored and published by PAC, ensuring reliability and exam-focused content.


๐Ÿ“˜ Conclusion:

The CAF 05 Handbook of Management Accounting serves as an essential resource for ICAP CAF students, providing a perfect blend of conceptual clarity, problem-solving techniques, and exam-oriented content. Whether youโ€™re preparing for the CAF exam or enhancing your management accounting skills, this handbook is a must-have study companion.


๐Ÿ“‘ Table of Contents:

  1. Inventory Valuation

  2. Overheads

  3. Activity Based Costing

  4. Labor Costing

  5. Cost Flow in Production

  6. Job and Service Costing

  7. Process Costing

  8. Marginal and Absorption Costing

  9. Standard Costing and Variance Analysis

  10. Target Costing

  11. Cost Volume Profit

  12. Short Term Decision Making

  13. Inventory Management

  14. ICAP Past Papers [Aut-09 to Spr-25]

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