While working out the EOQ, carrying cost has the element of interest cost. Hence it can be stated that interest cost is treated as part of material cost under CAS

The syllabus comprises the following topics and study weightage:
A. Introduction to Cost Accounting
Cost Ascertainment - Elements of Cost
Cost Accounting Standards 40%
Cost Book Keeping

B. Methods of Costing 30%
C. Cost Accounting Techniques 30%