MANAGEMENT ACCOUNTING

Paper Code: 
DE BSG 513 B
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Outcome(COs):

Course Outcome

Learning and teaching strategies

Assessment Strategies

 
 

On completion of this course, the students will be able to:

CO 151: Analyse and understand the concept of Management Accounting.

CO 152: Develop skills in planning & arranging different type of Capital Structure in long Term and Short Term.

CO 153: Evaluate the concept of budgeting & Develop the skills of preparing.

CO 154: Develop the skills among the students to analyse and interpret in the field of Standard Costing or Variance Analysis.

CO 155: Evaluate critically Management Accounting practice with the aim of improving the management accounting system by applying Activity Based Costing.

Explanations,

Discussion, Project work.Field activities, Presentation, Giving tasks

Observation, Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

  

 

9.00
Unit I: 

Introduction                                                                                                  

·        Meaning of Management Accounting,

·        Functions of Management Accounting

Difference between cost accounting and management accounting

9.00
Unit II: 

Capital Structure:                                                                                            

  • Concept, factors affecting capital structure,

Theories of Capital Structure: Net Income Theory, Net Operating Income Theory, Traditional Theory, Modigliani-Miller Theory

9.00
Unit III: 

Budgetary Control                                                                                      

  • Budgeting and Budgetary control: Concept of Budget, budgeting and budgetary control, objectives, merits and limitations.
  •  Budget administration, Functional Budget, Fixed and flexible budgets

 

9.00
Unit IV: 

Standard Costing and Variance Analysis:

  • Meaning of standard cost and standard costing, advantage, limitations and applications,

Variance Analysis-Material, Labour and Overhead

 

9.00
Unit V: 

·        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

Essential Readings: 
  • 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)

 

References: 
  • M.Y.Khan and P.K.Jain, “Management Accounting” Himalaya Publishing House, New Delhi
  • Gupta S.P, Management Accounting, Sahitya Bhawan Publications.

e RESOURCES:

REFRENCE 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.

 

Academic Year: 
2023-2024
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