21st December 2020 09:18 AM | |
KunwarR | Sathyabama Institute of Science and Technology B.Com.LL.B - B.Com.LL.B. (Honours) SBA1501 Management Accounting Syllabus Sathyabama Institute of Science and Technology B.Com.LL.B - B.Com.LL.B. (Honours) SBA1501 Management Accounting Syllabus Sathyabama Institute of Science and Technology School of Law SBA1501 MANAGEMENT ACCOUNTING L T P Credit Total Marks 4 1 0 4 100 UNIT 1 – INTRODUCTION 15 Hrs. Definition, Meaning, Nature.Scope and Objectives of management accounting- Distinction between financial, Cost and Management Accounting. UNIT 2 – ANALYSIS AND INTERPRETATION OF FINANCIAL STATEMENTS 18 Hrs. Balance sheet, Profit and loss account, functions of financial statements, meaning, objectives and importance and limitations of financial statements, Techniques of analysis- Comparative, Common size and Trend Analysis - Ratio Analysis - Classification of ratios - profitability ratios - liquidity ratios - solvency ratios - Activity ratios leverage ratios. -Interpretation of Financial Statements with the above ratios. UNIT 3 – FUND FLOW ANALYSIS 18 Hrs. Meaning & Concept of funds - Flow of funds - Fund flow statement - Uses - Significance and limitations - Procedure for preparing fund flow Statements - Cash flow Statements - Cash flow - Cash flow Statement - Uses, significance and limitations - Difference between fund flow statement and cash flow statement - Procedure for preparing cash flow statements.Interpretation of Funds Flow Statements. UNIT 4 – MARGINAL COSTING 17 Hrs. Nature and Scope Basic concepts - Definition of marginal cost and marginal costing - Assumptions of marginal costing - CVP Analysis - Meaning, Importance and limitations of CVP analysis - Break-even Point - Breakeven chart - Margin of Safety - Profit Volume Graph - Applications in decision making UNIT 5 – STANDARD COSTING AND VARIANCE ANALYSIS 17 Hrs. Standard Costing and Variance Analysis: Meaning of Standard cost and Standard Costing - Steps involved in Standard Costing - Advantages and Limitations of Standard Costing - Variance analysis - Material Variances, Labour Variances. Max. 85 Hours COURSE OUTCOMES: On the completion of the course the student will be able to CO1: Critically analyze and provide recommendations to improve the operations of organisations through the application of management accounting techniques. CO2: Demonstrate mastery of costing systems, cost management systems, budgeting systems and performance measurement systems. CO3: Demonstrate the need for a balance between financial and non-financial information in decision making, control and performance evaluation applications of management accounting. CO4: Learn within teams - to co-operate with team members, to assume leadership and to manage differences and conflicts. CO5: Evaluate complex ideas and tolerate ambiguity in managerial and organizational problem-solving. CO6: This Course will equip the students with the required Professional Skills. TEXT / REFERENCE BOOKS 1. Management Accounting S.P.Gupta. 2. Management Accounting S. N. Maheswari. 3. The Practice of Management Accounting K.S. Sastry and Nand. 4. Principles and Practice of Management Accounting Sharma & Gupta. 5. Management Accounting J. Made Gowda END SEMESTER EXAMINATION QUESTION PAPER PATTERN Max. Marks:100 Exam Duration: 3 Hrs. PART A: 6 Questions to be answered out of 8 questions and each question carries 5 Marks 30 Marks PART B: 4 questions to be answered out of 8 questions (Internal Choice) and each question carries 10 Marks 40 Marks PART C: 2 Questions to be answered out of 4 questions and each carries 15 marks 30 Marks |