Introduction to Management Accounting

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SYBAF — SEMESTER IV

Author: Arvind A. Dhond

Categories: BAF, Elective, S. Y. BAF, Semester - IV

Description

Description

SYLLABUS

Units	Modules
	Introduction to Management Accounting:
	Meaning, Features, Scope, Importance, Functions, Role of of Management Accounting, Management Accounting Framework, Tools, Management Accounting and Financial Accounting.
2	Analysis and Interpretation of Accounts:
	(a) Vertical Forms of Balance Sheet and Profit and Loss Account suitable for analysis (b) Trend Analysis. (c) Comparative Statement. (d) Common Size Statement. *NOTE:* Practical Problems based on the above (a) to (d)
3	Financial Statement Analysis: Ratio Analysis:
	Meaning of Financial Statement Analysis, Steps, Objective and Types of Analysis. Ratio Analysis: Meaning, Classification, DuPont Chart, Advantages and Limitations.
	(a) Balance Sheet Ratios: (i) Current Ratio (ii) Liquid Ratio (iii) Stock Working Capital Ratio (iv) Proprietary Ratio (v) Debt Equity Ratio (vi) Capital Gearing Ratio
	(b) Revenue Statement Ratios: (i) Gross Profit Ratio (ii) Expenses Ratio (iii) Operating Ratio (iv) Net Profit Ratio (v) Net Operating Profit Ratio (vi) Stock Turnover Ratio
	(c) Combined Ratio: (i) Return on Capital employed (Including Long Term Borrowings) (ii) Return on proprietor’s Fund (Shareholders Fund and Preference Capital) (iii) Return on Equity Capital (iv) Dividend Pay out Ratio (v) Debt Service Ratio (vi) Debtors Turnover (vii) Creditors Turnover
4	Cash Flow Analysis: Preparation of Cash Flow Statement with reference to Accounting Standard No. 3. (Indirect method only)
5	Working Capital Management: (A) Concept, Nature of Working Capital, Planning of Working Capital. (B) Estimation/Projection of Working Capital Requirements in case of Trading and Manufacturing Organization. (C) Operating Cycle Practical Problems.