Accounting For Managers | MBA 1st Sem | JNTUK

                                                                                                       Syllabus

                                                                                     C-103: ACCOUNTING FOR MANAGERS

Unit – I:

Financial Accounting – Concept, Importance and Scope, Accounting Principles, Accounting Cycle, Journal Ledger, Trial Balance, Preparation of Final Accounts with Adjustments.

Unit – II:

Analysis and Interpretation of Financial Statements – Meaning, Importance and Techniques, Ratio Analysis, Fund Flow Analysis, cash flow analysis.

Unit – III:

Cost Accounting – Meaning, Importance, Methods, Techniques; Classification of Costs and Cost Sheet; Inventory Valuation Methods – LIFO, FIFO, HIFO and Weighted Average Method, an Elementary Knowledge of Activity Based Costing.

Unit – IV:

Management Accounting – Concept, Need, Importance and Scope; Budgetary Control-Meaning, Need, Objectives, Essentials of Budgeting, Different Types of Budgets and Their Preparation.

Unit-V:

Standard Costing and Variance Analysis (Materials, Labour) – Marginal Costing and its Application in Managerial Decision Making, Break Even Analysis.

Relevant cases have to be discussed in each unit and in examination case is compulsory from any unit.