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Performance Measurement
This course will enable the students to gain knowledge and develop skills in the application of management accounting and cost accounting techniques to quantitative information for planning, decision-making, performance evaluation and control.
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Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course title |
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24DATG705 |
Performance Measurement (Theory)
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CO205:Examine different types of cost CO206:Evaluate alternatives by applying marginal cost analysis CO207: Formulate various types of budget CO208: Assess the components of Working Capital CO209: Determine transfer price and measure performance of organizations and its divisions by applying various techniques CO210:Contribute effectively in course-specific interaction |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, Problem solving sessions, Presentations Learning activities for the students: Self-learning assignments, Case Study analysis, Presentations, Group discussions
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Continuous Assessment Test, Semester End Examinations, Quiz, Solving numerical problems, Assignments, Class Presentations, Individual and group projects. |
- Cost behavior and cost objects
- Actual and normal costs
- Standard costs
- Absorption (full) costing
- Variable (direct) costing
- Breakeven analysis - Profit performance and alternative operating levels, Analysis of multiple products.
- Marginal analysis -Opportunity costs, Sunk costs ,Marginal costs and marginal revenue , Special orders and pricing , Make vs. buy, Sell or process further, Add or drop a segment, Capacity consideration
- Concept of budget, budgeting and budgetary control
- Role of budgetary control in research
- Performance report, revision of budgets
- Performance budgeting, programme budgeting and rolling system.
- Preparation of cash budget, master budget, fixed budget, flexible budget, production budget, sales budget, functional budget etc.
- Working capital terminology
- Cash management
- Accounts receivable management
- Inventory management
- Types of short-term credit, Short-term credit management
- Responsibility Accounting: Concept, Significance, Different Responsibility Centres
- Divisional Performance Measurement: Financial and Non-Financial measures
- Transfer pricing
- Jain, Khandelwal &Pareek, Cost Accounting Ajmera Book Company, Jaipur
- Agarwal, Jain, Sharma, Shah & Mangal, Cost Accounting Ramesh Book Depot, Jaipur
- Agrawal, & Agrawal Management Accounting Ramesh Book Depot
- Khan & Jain Management Accounting Tata Mc Graw Hill
- Agarwal, M.R, Management Accounting Malik and Company
Suggested Readings:
- Arora, M.N.,Cost Accounting Principles and Practice, Vikas Publication, New Delhi
- Kishore R.M.., Cost Accounting Taxmann’s New Delhi
- Nigam, B.M Lal,& Jain, I.C. , Cost Accounting PHI, New Delhi
- Maheshwari, S.N, Cost Accounting Mahavir Publication
- JawaharLal, Cost Accounting Tata Mcgraw Hill, New Delhi
- Madegowda. J. Cost Accounting Himalaya Publishing House
- Singh , S. K Management Accounting Sun India Publications
- Chakraborty, H. & Chakraborty, S. Management Accounting Oxford University Press
- Maheshwari , S.N Management Accounting and Financial AnalysisS.Chand& Sons
- Vinayakkam, N. & Sinha, IB Management Accounting Himalaya Publishing House
- Kaplan, R.S& Atkinson , A.A .Advance Management Accounting Prentice Hall India New Delhi
E-Content:
- https://devlibrary.in/manager ial and cost accounting/
- https://www.icsi.edu/media/website/CostAndManagementAccounting.pdf
- https://books.google.com/books/about/Cost_Accounting_Text_and_Problems.html?id=Fyszhs9mD2cC
Reference 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.
