Management Accounting

₹175.00

SYBFM — SEMESTER – III

Author: Arvind A. Dhond

Categories: BFM, Compulsory, S. Y. BFM, Semester - III

Description

Description

SYLLABUS

Unit	Name of the Topic
1	Introduction to Management Accounting:
	Meaning, Nature, Scope and Functions of Management Accounting. Role of Management Accounting in Decision Making. Management Accounting and Financial Accounting.
2	Analysis and interpretation of Accounts:
	Vertical form of Balance sheet and Profit & Loss account suitable for analysis. Trend Analysis. Comparative Statements. Common size statement. Simple problems based on the above.
3	Ratio analysis and interpretation based on Vertical financial Statements as above:
	(a) Balance Sheet Ratios: ¨ Current Ratio. ¨ Liquid Ratio. ¨ Stock Working Capital Ratio. ¨ Proprietary Ratio. ¨ Debt Equity Ratio. ¨ Capital Gearing Ratio. (b) Revenue Statement Ratios: ¨ Gross Profit Ratio. ¨ Expenses Ratio. ¨ Operating Ratio. ¨ Net Profit Ratio. ¨ Stock Turnover Ratio.
	(c) Combined Ratios: ¨ Return on Capital Employed (including Long Term Borrowings). ¨ Return on Proprietor’s Fund (Shareholders’ Fund and Preference Capital). ¨ Return on Equity Capital. ¨ Dividend Payout Ratio. ¨ Debt Service coverage Ratio. ¨ Debtors Turnover Ratio. ¨ Creditors Turnover Ratio.
4	Cash Flow Statements:
	Preparation of Cash Flow Statements with reference to Accounting Standard No. 3 – Indirect Method Only.
5	Working Capital – Concept:
	Estimation of Working Capital Requirements in case of Trading and Manufacturing Organisations.