Coming soon
Management Accounting
This course will enable the students to develop an understanding of management accounting concepts and procedures and application of the same in real world scenarios.
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Assessment Strategies |
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Course Code |
Course Title |
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24DFSG613B |
Management Accounting (Theory) |
CO229: Analyse and understand the concept of Management Accounting. CO230: Develop skills in planning & arranging different type of Capital Structure in long Term and Short Term. CO231: Evaluate the concept of Budgetary Control and prepare different types of budgets. CO232: Develop the skills among the students to analyse and interpret in the field of Standard Costing or Variance Analysis. CO233: Evaluate critically Management Accounting practice with the aim of improving the management accounting system by applying Activity Based Costing. CO234: Contribute effectively in course-specific interaction |
Approach in teaching: Interactive Lectures, Discussions, Tutorials, Problem solving sessions, Presentations
Learning activities for the students: Self-learning assignments, Case Study Analysis, Presentations, Group Discussions |
Continuous Assessment Test, Semester End Examinations, Quiz, Solving Numerical Problems, Assignments, Class Presentations, Individual and group projects. |
● Meaning of Management Accounting,
● Functions of Management Accounting
● Difference between cost accounting and management accounting
● Concept, factors affecting capital structure,
● Theories of Capital Structure: Net Income Theory, Net Operating Income Theory, Traditional Theory, Modigliani-Miller Theory
● Budgeting and Budgetar control: Concept of Budget, budgeting and budgetary control, objectives, merits and limitations.
● Budget administration, Functional Budget, Fixed and flexible budgets
● Meaning of standard cost and standard costing, advantage, limitations and applications,
● Variance Analysis-Material, Labour and Overhead
● Concept, Nature or Characteristics, Elements, Process or Stages,
● Identification of Cost Drivers, Determination of Cost of each activity,
● Assigning or Tracing Activity Cost to Products,
● Distinction betweenActivity Based Costing System and Traditional System,
● Advantages and Limitations of Activity Based Costing System
● Mangement Accounting-Agrawal, Agrawal(Ramesh Book Depot)
● Management Accounting-Khan and Jain(Tata Mc Graw Hill)
● Management Accounting-M.R Agarwal(Malik and Company)
● Management Accounting: S. K Singh( Sun India Publications)
● Management Accounting-H.Chakraborty and S. Chakraborty(Oxfor University Press)
● Management Accounting and Financial Analysis-Dr S.N Maheshwari(S.Chand& Sons)
● Management Accounting- N. Vinayakkam& IB Sinha (Himalaya Publishing House)
Suggested Readings:
• M.Y.Khan and P.K.Jain, “Management Accounting” Himalaya Publishing House, New Delhi
• Gupta S.P, Management Accounting, Sahitya Bhawan Publications.
e-Resources:
● https://devlibrary.in/managerial and cost accounting/
● https://www.icsi.edu/media/website/CostAndManagementAccounting.pdf
● https://books.google.com/books/about/Cost_Accounting_Text_and_Problems.h...
Reference Journals:
● The Indian Journal of Commerce
● FIIB Business Review
● Vikalpa: Journal for Decision Makers
Note: The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless.
