Syllabus:
Unit 1: a) Theory
- Financial Accounting
Accounting Concepts, Need for Accounting, Internal and External Users of Accounting Information, Accounting Cycle and System, Nature of Accounting Transactions.
Unit 2: a) Theory
Company Final Account
Meaning of Public Limited Company (PLC), Types of Shares, Issue of Shares, Schedule III of Companies Act 2013, General Instructions for Preparation of Financial Statements, Preparation of Profit and Loss Statement as per Schedule III, Preparation of Balance Sheet as per Schedule III.
Unit 3: a) Theory
Cost Accounting
Cost Accounting – Meaning, Objectives, Scope, Importance and Advantages, Difference between Financial and Cost Accounting, Cost Unit and Cost Centre, Elements of Cost – Material, Labour and Overheads, Preparation of Cost Sheet.
Unit 4: a) Theory
- Management Accounting
Meaning, Scope of Cost Accounting, Distinction between Financial & Cost Accounting Material, Labour, Overheads classification of cost, preparation of cost sheet, BEP, MOS, Decision making through CVP analysis.
Management Accounting – Concept, Meaning, Definition, Features and Functions, PV Ratio, Angle of Incidence, Make or Buy Decision, Shutdown Decision, Dropping the Plant Decision, Sale or Process Further Decision.
- Teacher: Santosh Devekar
- Teacher: Ketaki Kambale
- Teacher: Nagina Mali
- Teacher: Naziya Mullani
- Teacher: Priyanka Surve