Welcome to my website
Dr. Rana Singh
Associate Professor in Mangement
MBA (Finance), Gold Medalist, Ph.D.
Head-PGP Cell, Member -Computer Advisory Cell.
Mob: 98 11 828 987
Course Outline
Course: Management Accounting Credit: 01
Instructor: Dr. Rana Singh Contact e-mail: dr.ranasingh@accurate.in
Ph. No. : 91-120-2320234 Extn-267
Website: http://www.ranasingh.org
Introduction: The Management Accounting course focuses at introducing the students about the various aspects of management accounting which facilitates the top level management in planning. Implementation and control. This course will gave the introduction and shall focus on delivering the overall platform for planning implementation and control.
Course objective:
The primary objective of this course is to familiarize the student with basic
concepts of management accounting and its various tools and techniques to facilitate
the top level management in planning, implementation and control.
Recommended Text Books:
1. Management Accounting, Maheshwari,
2. Management Accounting, M. Y. Khan and P. K. Jain
Reference Books (If any):
1. Management Accounting, Charles T Horngren
2. Management Accounting, Pearson Publishing
Evaluation System
| Class Participation | 10 |
| Assignment | 10 |
| Quiz | 10 |
| Projects | 10 |
| Mid-Term | 20 |
| End-Term | 40 |
| Total | 100 |
| Session No. | Theme | Reading Material |
| 1 | Fundamentals of Accounting, Introduction of Accounting, Briefing about
Financial Accounting, Cost Accounting and Management Accounting Download Presentation Assignment: Submit a written assignment on Accounting Standards from the ICAI website |
Ch.-1, Pg no. 1.1 -1.13, Management Accounting, Khan and Jain |
| 2 | Financial Statements Analysis Download Presentation www.myiris.com or www.moneycontrol.com |
Ch.-6, Pg no. 6.1-6.79 Management Accounting, Khan and Jain Live Case Study –Ratio Analysis of a Company based on Financial Statement of the Current Year |
| 3 | Ratios and Ratio Analysis and interpretation, Common Size Statements, Limitations of Ratio Analysis | Ch.-6, Pg no. 6.1-6.79 Management Accounting, Khan and Jain |
| 4 | Ratio Analysis- Problems and Case Study | Ch.-6, Pg no. 6.1-6.79 Management Accounting, Khan and Jain Assignment –Submit the solved problems given as assignment. |
| 5 | Profit Planning -Cost Volume Profit Analysis, Introduction, Importance,
Applications |
Ch.-16, Pg no. 16.3 -16.56, Management Accounting, Khan and Jain |
| 6 | Profit Planning -Cost Volume Profit Analysis –Problems and Cases, Marginal Costing | Ch.-16, Pg no. 16.3 -16.56, Management Accounting, Khan and Jain |
| 7 | Profit Planning -Variable Costing vs. Absorption Costing | Ch-15, Pg. No. 15.1-15.26 Management Accounting, Khan and Jain |
| 8 | Profit Planning -Break-Even Analysis, Margin of safety | Ch.-16, Pg no. 16.3 -16.56, Management Accounting, Khan and Jain |
| 9 | Multiple Break –Even Point, CVP as a control mechanism | Ch.-16, Pg no. 16.3 -16.56, Management Accounting, Khan and Jain Case Study Discussion on Multiple Break Even Point |
| 10 | Budgeting, Nature Scope and Importance, Applications | Ch.-17, Pg no. 17.1 -17.35, Management Accounting, Khan and Jain |
| 11 | Budgeting –Planning Process, Flexible Budget | Ch.-17, Pg no. 17.1 -17.35, Management Accounting, Khan and Jain |
| 12 | Budgeting as a controlling Tool –Functional Budgets | Ch.-17, Pg no. 17.1 -17.35, Management Accounting, Khan and Jain |
| 13 | Budgeting Problems and Solutions | Ch.-17, Pg no. 17.1 -17.35, Management Accounting, Khan and Jain Supplementary Problems on email |
| 14 | Budgeting Problems and Solutions | Ch.-17, Pg no. 17.1 -17.35, Management Accounting, Khan and Jain Supplementary Problems on email |
| 15 | Budgeting Case Study and Mid Term Review | Ch.-17, Pg no. 17.1 -17.35, Management Accounting, Khan and Jain Supplementary Case Study on email |
Mid-Term Test |
||
| 16 | Controlling, Cost Control, Standard Costing | Ch.-18, Pg no. 18.3 -18.13, Management Accounting, Khan and Jain |
| 17 | Standard Costs and Quality Costs | Ch.-18, Pg no. 18.3 -18.13, Management Accounting, Khan and Jain Supplementary Problems on e-mail |
| 18 | Cost Variance Analysis | Ch.-19, Pg no. 19.1 -19.56, Management Accounting, Khan and Jain Supplementary Problems on e-mail |
| 19 | Cost Variance Analysis –Material Cost Variances, Problems | Ch.-19, Pg no. 19.1 -19.56, Management Accounting, Khan and Jain Supplementary Problems on e-mail |
| 20 | Cost Variance Analysis –Labour Cost Variances, Problems | Ch.-19, Pg no. 19.1 -19.56, Management Accounting, Khan and Jain Supplementary Problems on e-mail |
| 21 | Cost Variance Analysis –Overhead Variances, Problems | Ch.-19, Pg no. 19.1 -19.56, Management Accounting, Khan and Jain |
| 22 | Revenue Variance Analysis –Sales Variances | Ch.-20, Pg no. 20.1 -20.39, Management Accounting, Khan and Jain |
| 23 | Revenue Variance Analysis –Sales Variances, Problems | Ch.-20, Pg no. 20.1 -20.39, Management Accounting, Khan and Jain |
| 24 | Variance Analysis –Case Study | Case Study on website |
| 25 | Capital Budgeting | Ch.-23, Pg no. 23.1 -22.53, Management Accounting, Khan and Jain |
| 26 | Capital Budgeting, DCF Techniques | Ch.-23, Pg no. 23.1 -22.53, Management Accounting, Khan and Jain |
| 27 | Capital Budgeting –Evaluation Techniques, NPV, PV, IRR | Ch.-23, Pg no. 23.1 -22.53, Management Accounting, Khan and Jain |
| 28 | Capital Budgeting –Problems and Case Study | Ch.-23, Pg no. 23.1 -22.53, Management Accounting, Khan and Jain |
| 29 | Introduction to Accounting Standards and IFRS | ICAI website and Teaching material on website |
| 30 | Management Reporting | Reading Material on website |