Accounting For Managers

                                                                      Syllabus

                                              Course Code: 20MBA111

 Accounting for Managers

MODULE 1

Accounting-Types of Accounting (Theory)- Concepts and Conventions - GAAP- -Accounting Standards–IFRS.– Financial Accounting Process - Journal-Ledger-Trial Balance- Trading, Profit and Loss Account and Balance Sheet(Sole Proprietorship).

MODULE 2

Company Accounts-Features- Legal Significance -Auditing- Income Statement and Balance Sheet (Preparation) -EPS-DPS- Profit Prior to Incorporation – Depreciation –Fictitious Assets.

MODULE 3

Management Accounting: Need and Importance - Types of Financial Analysis- Techniques of Financial Analysis - Inter and Intra Firm – Analysis and Interpretation of Common Size Statement, Comparative Statements and Trend Analysis (Problems)

Ratio Analysis:- Significance-,Types and Classification - Analysis and Interpretation of Profitability, Liquidity, Solvency, Leverage, Turnover and Stock Market Ratios (Problems)

MODULE 4

Funds Flow Statement: Fund and Flow of Fund– Concept of Gross and Net Working Capital – Flow of Funds – Schedule of Changes in Working Capital Funds from Operation- Preparation of Fund Flow Statement – Analysis and Interpretation.

Cash Flow Statement:- Cash and Non-Cash Transactions - Flow of Cash – Cash from Operation, Preparation of Cash Flow Statement and its Analysis and Interpretation.

MODULE 5

Cost Accounting:- Cost –Classification and Elements of Cost, Costing- Objective –Methods and Technique Costing, Cost – Preparation of Cost Sheet.

Standard Costing-Variance Analysis.-Material, Labour and Overhead. Marginal Costing- Marginal Cost, Marginal Costing, Managerial Applications of Marginal Costing, CVP Analysis, Contribution, P/V Ratio, Break Even Analysis, Margin of Safety.