Management Accounting

Semester-VI

6T2-Management Accounting

Unit-1:

Management Accounting: Meaning, Scope, Importance, and Limitations of Management Accounting. Difference between Cost Accounting and Management Accounting, Role of Management Accounting. Break –Even Point Analysis (Theory & Numericals)

Unit-2:

Business Budget & Budgetary Control: Meaning, Characteristics, Objectives, Advantages, Limitations. Classification & Types of Budgets. Problems on Cash Budget and Flexible Budget Only (Theory & Numericals)

Unit-3:

Ratio Analysis: Meaning, Importance and Limitations of Ratio Analysis, Classification of Ratio, Computation of Profitability Ratio, Financial Ratio with Special Reference to Current Ratio, Acid Test/ Liquid Ratio, Inventory Turnover Ratio Debtors and Creditors Turnover Ratio, Fixed Assets Turnover Ratio, Debt-Equity Ratio, Working Capital Ratio, , Earnings per Share Ratio. (Theory & Numericals)

Unit-4:

Fund Flow Analysis: Meaning, Sources of fund, Uses of fund, Distinguish between Fund Flow Statement and Balance Sheet. Preparation of Statement Showing Changes in Working Capital, Profit from Operation, Fund flow Statement (Theory & Numericals)