Page 4 - DCOM302_MANAGEMENT_ACCOUNTING

SYLLABUS
Management Accounting

Objectives: To equip the students with advanced managerial accounting techniques of cost analysis & cost control for decision
making.

DCOM403 Management Accounting

Sr. No. Description
1. Introduction to Accounting: Management accounting as a area of accounting; Branches of Accounting & its
inter relationships, and Role of Management Accountant
2. Understanding Corporate Financial statements: types, form, content, uses and limitations
3. Financial Statement Analysis: Common-size statements, Comparative statements, Trend analysis.
4. Ratio Analysis: Liquidity, Solvency, Profitability, Turnover Ratios; Calculation and relevance for analysis
5. Fund Flow Statement & Cash Flow Statement
6. Budgeting: meaning, features, types and preparation of Budgets & Budgetary Control System: features,
objectives and Zero-base Budgeting
7. Standard Costing and Variance Analysis
8. Responsibility Accounting and Transfer Pricing
9. Introduction to methods of costing: Absorption costing, Marginal costing & CVP Analysis, Use of cost data in
decision making: Decisions involving alternative choices, pricing Decisions
10. Management Reporting and MIS

DCOM302 Management Accounting

Sr. No. Description
1 Management Accounting: meaning & nature of management accounting, scope of management accounting,
distinction between management accounting, financial accounting & cost accounting.
2 Analysis of financial statements, users of financial statements, tools of financial statement analysis -
Comparative statements, common size statements and trend analysis.
3 Fund Flow Statement: meaning, importance and preparation of Statement of working capital, adjusted profit
and loss account. Source and applications of funds statement.
4 Cash Flow Statement: meaning, importance, difference between cash flow and fund flow statement, cash flow
from operating, investing and financing activities, preparation of Cash flow statement as per direct and
indirect method (AS-3 Revised).
5 Ratio Analysis: meaning, scope, advantages and limitations ,Types of ratios -liquidity, activity, solvency,
profitability, market and valuation ratios; calculation and relevance for analysis
6 Responsibility Accounting and Transfer Pricing: Cost centers , profit centers and investment centers,
assigning revenues and costs.
7 Management information system; Management Reporting: meaning, feature of a good report, types, steps in
drafting of report and published accounts.