Coming soon
Management Accounting
Learning Outcomes:
• Understand management accounting practices.
• Apply management decisions in various situations.
• To develop conceptual background of various approaches of capital structure theories.
• To provide students with relevant management accounting information for financial decision making and process improvement
Introduction: Meaning of Management Accounting, Functions of Management Accounting, Difference between cost accounting and management accounting.
Capitalization – Under Capitalization and Over Capitalization.
Capital Structures: Approaches to Capital Structure Theories - Net Income approach, Net Operating Income approach, Modigliani-Miller (MM) approach, Traditional approach, Capital Structure and Financial Distress, Trade-Off Theory.
Cash Flow Analysis: Introduction, Concept of Cash, Use of Cash Flow Analysis, Construction of Cash Flow Statement
Management of Cash: Motives of holding cash, cash management, Cash Planning and Forecasting.
Management of Receivables: Cost associated with receivables, Objective and Factors affecting Investment in receivables, Credit Evaluation.
Standard Costing and Variance Analysis: Meaning of standard cost and standard costing, advantage, limitations and applications, Variance Analysis-Material Variance & Labour Variance
Introduction to Activity Based Costing
Cost Volume Profit Analysis: Meaning, Significance and Limitations of CVP Analysis, Contribution, Profit Volume Ratio, Breakeven Point, Margin of Safety, Key factor, Decisions based on Marginal Costing like Make or Buy, Own or Lease, Shut down or Continue.
• Management Accounting-Agrawal, Agrawal(Ramesh Book Depot)
• Management Accounting-Khan and Jain(Tata McGraw Hill)
• Management Accounting-M.R Agarwal(Malik and Company)
• Management Accounting: S. K Singh( Sun India Publications
