प्रबंधकीय निर्णयों हेतु लेखांकन (Accounting For Managerial Decisions)

Accounting for Managerial Decisions

Unit I   :              

Introduction to Accounting : Management Accounting as a Area of Accounting Objectives, Nature and Scope of Financial Accounting, Cost Accounting and Management Accounting and Managerial Decision, Management Accountant’s Position, role and Responsibility.

Unit II  :

Budgeting : Definition of Budget, Essentials of Budgeting, Types of Functional Budgets, Fixed and Flexible Budget.

Unit III :

Standard Costing and Variance Analysis : Standard Costing as a Control Techniques, Setting of Standards and their Revision, Variance Analysis-Meaning and Importance, Kinds of Variances and Their uses-Material, Labour and Overhead Variance.

Unit IV            :

Marginal Costing and Break-Even Analysis : Concept of Marginal Cost, Marginal Costing and Absorption Costing, Marginal Costing Versus Direct Costing, Cost-Volume-Profit Analysis, Decisions Regarding Sales-Mix, make or buy Decisions and Discontinuation of a Product Line etc.

Unit V :

Financial Statement Analysis : Horizontal, Vertical and Ratio Analyses, Cash flow Analysis and Fixed Flow Statement.

Unit VI            :

Reporting to Management : Objectives of Reporting, Reporting Needs at Different Managerial Levels, Types of Reports, Modes of Reporting, Reporting at Different Levels of Management.