Accounting and Financial Management- JNTU Kakinada First Year Syllabus 2009
UNIT-I
Accounting: Generally Accepted Accounting Principles(GAAP) & Accounting standards, Characteristics and
limitations of single entry system, double entry system of accounting, introduction of basic books of accounts
ledgers..
UNIT-II
Preparation of trial balance - Final accounts - company final accounts. Users of Accounting Information, Role of
Accountant in modern Organization
UNIT – III
Financial Management - meaning and scope, role, objectives of time value of money - over vitalization - under
capitalization - profit maximization - wealth maximization - EPS maximization
UNIT – IV
Ratio Analysis - advantages - limitations - Fund flow analysis - meaning, importance, preparation and interpretation
of Funds flow and cash flow statements-statement of changes in working capital.
UNIT – V
Costing - nature and importance and basic principles. Elements of cost ,Absorption costing vs. marginal costing -
Financial accounting vs. cost accounting vs. management accounting
UNIT – VI
Marginal costing and Break-even Analysis: nature, scope and importance - practical applications of marginal
costing, limitations and importance of cost - volume, profit analysis, Short run decisions.
UNIT – VII
Standard costing and budgeting: nature, scope and computation and analysis - materials variance, labor variance and
sales variance -cash budget, sales budget - flexible Budgets, master budgets.
UNIT – VIII
Introduction to computerized accounting system: coding logic and codes, master files, transaction files, introduction
documents used for data collection, processing of different files and Outputs obtained
REFERENCES
1. Accounting for Management, T. Vijay Kumar, TMH.
2. Financial Accounting,S.N. Maheswari and S.K. Maheswari, Vikas
3. Financial Accounting, A. Mukherjee and M. Haneef, TMH
4. Basic Financial Accounting for Management, Ambaresh Gupta, Pearson
5. Accounts and Finance for Non Accounts, Chatterjee. D.K, Himalaya
6. Financial Analysis and Accounting, P. Premchand Babu and M.Madan Mohan, Himalaya.
7. Essential of Financial Accounting, Ashish. K and Ballacharya, PHI.
8. Guide to Financial Management, John Tannent, Viva.