20MBA13 Accounting for Managers syllabus for MBA

Financial Accounting:

Need and Types of Accounting, Single Entry System, Double Entry System, Concepts and Conventions of Accounting, Relation of Accounting with other disciplines, Journal, Ledgers, Trial balance.

Preparation of final accounts of companies in vertical form as per Companies Act of 2013 (Basic problems of Final Accounts), Window dressing. Case Study problem on Final Accounts of Company-Appropriation accounts.

Limitations of Financial Statements; Meaning and Purpose of Financial Statement Analysis, Trend Analysis, Comparative Analysis, Financial Ratio Analysis, Preparation of Financial Statements using Financial Ratios, Case Study on Financial Ratio Analysis. Preparation of Cash flow Statement (indirect method). Lab compulsory for Financial Statement Analysis using excel.

Scope, Purpose of Management Accounting Cost Volume Profit Analysis: Meaning-Methods of determination-Applications. Managerial Decision-Making-Make /Buy etc: Short-run Decision Analysis-Decision situations: Sales-volume related, Sell or further process, Make or Buy, Operate or shut-down.

Functional budgets, Flexible Budgets: Meaning-Measure of Volume-Cost Behaviour with change in volume-Fixed, variable & mixed costs.Variance Analysis: Cost Variances – Revenue Variances-Variance Reporting-Disposition of variances.

Emerging Issues in Accounting:

Human Resource Accounting, Forensic Accounting, Sustainability Reporting, Applicability of Ind AS – Indian Accounting Standards.

Computerised Accounting Systems-

Structuring Database for Accounting- Accounting system Using Database Management systems- Illustration of Accounting Database.

Course outcomes:

At the end of the course the student will be able to:

1. Demonstrate theoretical knowledge and its application in real time accounting.

2. Capable of preparing financial statement of companies.

3. Independently undertake financial statement analysis and take decisions.

4. Comprehend emerging trends in accounting and computerization of Accounting systems.

Practical Components:

• To collect Annual reports of the companies and analyzing the financial statements using different techniques and presenting the same in the class.

• To analyze the companies’ cash flow statements and presenting the same in the class.

• To get exposed to use of accounting software’s (preferably Tally. ERP 9).

• To identify the sustainability report of a company and study the contents.

Question paper pattern:

• The SEE question paper will be set for 100 marks and the marks scored will be proportionately reduced to 60.
• The question paper will have 8 full questions carrying equal marks.
• Each full question is for 20 marks.
• Each full question will have sub question covering all the topics under a Module.
• The students will have to answer five full questions; selecting four full question from question number one to seven and question number eight is compulsory.
• 40 percent theory and 60 percent problems in the SEE.

Textbooks

1 Accounting for Management-Text & Cases S.K.Bhattacharya & John Dearden Vikas Publishing House Pvt. Ltd. 3e, 2018

2 Financial Accounting S.N.Maheshwari, Suneel K. Maheshwari, Sharad K. Maheshwari Vikas Publishing House Pvt. Ltd. 6e, 2018

3 Computerized Accounting Neeraj Goyal, Rohit Sachdeva Kalyani Publishers 1e, 2018

Reference Books

1 Accounting for Managers J.Made Gowda Himalaya Publishing House 1e, 2007

2 Financial Accounting for Management N. Ramachandran, Ram Kumar Kakani McGraw Education (India) Private Limited 4e., 2016

3 Management Accounting : Text, Problems and Cases M Y Khan, P K Jain Tata McGraw-Hill Education 7e, 2007

4 Accounting and Finance for Non-finance Managers Jai Kumar Batra Sage Publications 1e, 2018