Course Outcomes:
After studying this course students will
1. Describe concepts in management accounting.
2. Understand financial statements
3. Prepare final account of a company
4. Prepare cost sheet of a company
5. Produce CVP analysis.
Syllabus Contents:
Unit 1
Introduction to Accounting-
Accounting Concepts, Convention & fundamental accounting assumptions. Journal,
ledger, subsidiary books, Trial balance & final accounts (Trading, P&L A/C & B/S)
Use of Computers in Accounting Meaning, Role, Terms, Tally
packages in Accounting, recent trends
Unit 2
Management Accounting-
Concept, Meaning, Scope, Limitations of management Accounting,
Functions of finance manager, Distinction between financial Accounting
Cost Accounting
Management Accounting.
Unit 3
Analysis of Financial Statements-
Nature, objectives, uses & limitations of financial statements, Techniques
of financial analysis- Comparative financial statements, Common size
financial statements, Trend percentage ratios.
Unit 4
Cost Accounting-
Meaning, Scope of Cost Accounting, Distinction between Financial & Cost
Accounting Material, Labour, Overheads classification of cost, preparation of
cost sheet
Marginal Costing Contribution Key factor, BEP, MOS, Decision making through
CVP analysis.
- Teacher: Santosh Devekar
- Teacher: Ketaki Kambale
- Teacher: Nagina Mali
- Teacher: Naziya Mullani
- Teacher: Priyanka Surve