In today’s complex and competitive business environment, effective cost management is crucial for maintaining profitability and strategic advantage. The Chartered Accountancy (CA) Self-Paced Online Modules (SPOM) syllabus includes several specialist cost management techniques that are essential for students to master. This article provides an overview of these techniques, highlighting their importance and application.

Important Topics and Question Asked

1. JIT theories

2. JIT cost saving practical ques

3. To name 5S in sequence 

4. A case study with 3 questions in which Performance Ratio and OEE and other details were given. Reverse calculation of Availability Ratio and unplanned downtime in seconds need to ascertained.

5. Lean System 

6. JIT practical questions similar to Illustration 1 in study material

7.Kaizen costing,5S, TPM, Implementation of Six Sigma along with DMAIC & DMADV 

8. Practical question form Study Material with Test your Knowledge 3,4,5