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Value Creation & Valuation of Value Creation in ACADEMIC PROCESS Role of CMA

Value Creation & Valuation of Value Creation in ACADEMIC PROCESS Role of CMA. CMA Parag Rane M.Com, FCMA Aurangabad Chapter Institute of Cost Accountants of India. Role & Responsibility of CMA. Understanding Process & Dynamics Analysis of Costs (value) & Variances w.r.t Process

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Value Creation & Valuation of Value Creation in ACADEMIC PROCESS Role of CMA

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  1. Value Creation & Valuation of Value Creation in ACADEMIC PROCESS Role of CMA CMA Parag Rane M.Com, FCMA Aurangabad Chapter Institute of Cost Accountants of India

  2. Role & Responsibility of CMA • Understanding Process & Dynamics • Analysis of Costs (value) & Variances w.r.t Process • Controlling Losses & Damages • Assessment & Confirmation of Value Creation • Contribution to Profitability • Contribution in Continuity, Survival & Succession i.e. GROWTH

  3. Valuation • Valuation is an opinion or an estimate determined by many factors like the purpose, place, time , supply, demand, depreciation, obsolescence etc. • Significance & Influence of Valuer

  4. Value in the Process SATISFIED VALUE IN PROCESS OUT

  5. Parameters of Academic Value • Compliance of Academic process in terms of Syllabus completion • Academic assessment & evaluation process • Teaching & Learning process upgradation • Outcome / Result up gradation • Academic Excellence & Satisfaction to all stakeholders • Recognition of Academic Value by others • Growth in terms of On Roll Registration • Preference for the Value over others

  6. VALUE DELTA CREATION DELTA PROCESSORS PROCESSEE VALUE PROCESS

  7. Valuation of Academic PROCESS

  8. Identification of PROCESSEE • Profile • Valuation of Knowledge content • Valuation of Skills Content • Valuation of Attitude Content • Family Background

  9. Identification of PROCESSORS

  10. Work Load in PROCESS (TMS)

  11. Learnings from the Past

  12. Areas of Improvement

  13. Planning for Growth • Individual Growth Plan • Institution Growth Plan

  14. Evaluation Methodologies & Standards Quality Academic Process Planning & Review

  15. Course Handout Improvement • Initial Assessment • Implementation • Intermittent Regular Reviews • Final Assessment • Planning for the Future

  16. Lesson Plan Preparation & Improvement • Initial Assessment • Implementation • Intermittent Reviews • Final Assessment • Planning for the Future

  17. COSTING CONCEPTS IMPLEMENTD • Process Costing • Equivalent Production • Operating Costing • Standard Costing • Budgetary Control • ABC

  18. Valuers & Valuation Reports – Samples • Ranking Framework for Universities and Colleges NIRF • IR2017_Report • NAAC Parameters & Valuation Cost • https://www.nirfindia.org/parameter CMA Parag Rane

  19. THANK YOU ALL LET US DISCUSS

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