ACCOUNTING FOR MANAGERS (CONTENT)

 CONTENTS 

x

UNIT - I

 Lesson - 1     Introducing To Accounting

 Lesson - 2      Principles Of Accounting

 Lesson - 3      Journal And Ledger

 Lesson - 4      Subsidiary Books

 Lesson - 5      Trial Balance

UNIT - II

 Lesson - 6 Manufacturing Account

 Lesson - 7 Trading Account

 Lesson - 8 Profit & Loss Account

 Lesson - 9 Balance Sheet

UNIT - III

 Lesson - 10  Cost Accounting

 Lesson - 11  Management Accounting

 Lesson - 12  Element Of Cost

UNIT - IV

 Lesson - 13  Cost Sheet

 Lesson - 14   Store Control

 Lesson - 15   Store Ledger

 Lesson - 16   Labour Cost

UNIT - V

 Lesson - 17  Standard Costing

 Lesson - 18  Variance Analysis

 Lesson - 19  Marginal Costing

 Lesson - 20  Busgeting

ACCOUNTING FOR MANAGERS

(Syllabus)

Goal : To enable the students to acquire knowledge of Accounting Principles and practice

Objective : On successful completion of this course , the students should have understood

• The basic accounting concepts
• Fundamentals of Financial Accounting
• Preparation of final accounts , etc.
• Fundamentals of Cost and Management Accounting

                                                                      UNIT - I

Basic Accounting concepts - Kinds of Accounts - Branches of Accounting - Fundamentals of

Financial Accounting - Rules of Double Entry System - Preparation of Journal and Ledger Accounts - Problems - Subsidiary books - cash book - types of cash book - problems - Trial

Balance - problems.

                                                                     UNIT - II

Manufactring - Trading - Profit & Loss Account - Balance Sheet - Problems with simple

adjustments.

                                                                     UNIT - III

Meaning-definition- Scope-objectives-function-merits and demerits of cost Accounting and

Management Accounting  - distinction between Cost,Management , and Financial Accounting

- distinction between Cost, Management and Financial Accounting - Elements of cost-cost concepts and costs classification. 

                                                                      UNIT - III

Preparation of cost sheet - Stores Control - Eco-Maximum, Minimum, Reordering Levels-Pricing of Materials issues - problems (Fifo , Lifo , and Average Cost methods only)- Labour

cost - remuneration and incentives - problems) 

 

                                                                       UNIT - IV

Standard Costing - Variance Analysis - problems (Material and Labour Variances only)- 

Marginal Costing - Cost Volume Profit analysis. Budgeting - preparation of various budgets.

              

                      (Theory and Problems may be in the ratio of 20% and 80% respectively)