Management Accounting

Paper Code: 
25DBSG 513B
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to develop an understanding of management accounting concepts and procedures and application of the same in real world scenarios

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

25DBSG513B

Management Accounting

(Theory)

CO181: Analyse and understand the concept of Management Accounting.

CO182: Develop skills in planning & arranging different type of Capital Structure in long Term and Short Term.

CO183: Evaluate the concept of Budgetary Control and prepare different types of budgets.

CO184: Develop the skills among the students to analyse and interpret in the field of Standard Costing or Variance Analysis.

CO185: Evaluate critically Management Accounting practice with the aim of improving the management accounting system by applying Activity Based Costing.

CO186: Contribute effectively in course-specific interaction

Approach in

teaching: Interactive Lectures, Discussions, Tutorials, Problem solving sessions, Presentations

 

 

Learning activities for the students: Self-learning assignments, Case Study Analysis, Presentations, Group Discussions

Continuous Assessment Test, Semester End Examinations, Quiz, Solving Numerical Problems, Assignments, Class Presentations, Individual and group projects.

 

12.00
Unit I: 
Introduction:

                                                                                                                      

  • Meaning of Management Accounting
  • Functions of Management Accounting
  • Difference between cost accounting and management accounting

 

 

(12Hours)
 

 

 

 

 

12.00
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

 

 

(12Hours)
 

 

 

 

12.00
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

 

 

12.00
Unit IV: 
Standard Costing and Variance Analysis:

 

  • Meaning of standard cost and standard costing, advantage, limitations and applications,
  • Variance Analysis-Material, Labour and Overhead

 

 

12.00
Unit V: 
Activity Based Costing:

        

 

  • 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

(12Hours)

 

 

 

 

Essential Readings: 

 

 

(12Hours)
 

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)

 

 

References: 

Suggested Readings:

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

 

e-Resources:

 

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.

 

 

Academic Year: 
2025-2026
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