To enable the researchers to identify problems for decision making in financial performance appraisal through collection of data, analysis and interpretation
Concept of Financial Performance Appraisal:
Meaning of performance appraisal, concept, merits and its limitations, financial performance appraisal, its concepts, components of financial performance appraisal, importance, role in research, methods of financial performance appraisal: ratio analysis, cash flow analysis, working capital analysis, trend analysis
Cost Performance Analysis - I:
Concept of cost, types, relation of cost, costing and cost accounting, components of cost performance: long-term and short term, methods of costing, techniques of costing: unit and output costing, process costing, operating costing, reconciliation of cost and financial statements.
Cost Performance Analysis - II:
Concept of budgetary control, budget, budgeting and budgetary control, role of budgetary control in research, performance report, revision of budgets, performance budgeting, programme budgeting and rolling system. Preparation of cash budget, master budget, flexible budget, production budget, finance budget, functional budget etc.
Financial Performance Analysis:
Concept of Financial performance, its role and significance, types of financial performance analysis, measures of financial performance analysis, techniques of financial performance analysis, components of financial performance, Long-term v/s short term, and working capital analysis: cash management, receivable management, inventory management and working capital management.
Managerial Performance Analysis:
Meaning and concept of marginal costing, role of marginal costing in performance analysis, break-even analysis, BEP chart, pricing techniques, transfer pricing comparative analysis. Variance analysis