Accounting For Management | MBA 1st Sem | JNTUK

Syllabus

Course Code: C-103

Accounting for Management

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 (AS - 3).

UNIT-III

Cost Accounting-Meaning, Importance, Methods, Techniques; Classification of Costs and Cost Sheet; Inventory Valuation Methods- LIFO, FIFO, HIFO and Weighted Average Method

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.