Introduction to Management Accounting – Origin, scope, functions and principles. Understanding Indian Corporate Sector. Management Accounting- Understanding basic financial accounting, Preparation of Final Accounts- as a backdrop to management accounting and Cost Accounting. Changing role of management accounting and recent developments. Management accounting and corporate governance.
Financial statement analysis- Ratio analysis- types and calculation. Comparative and common size financial statement.
Analysis of Corporate Performance: Preparation and calculation of Fund Flow and Cash Flow statement as per AS-3.
Basic Cost Concept, Cost sheet Cost-Volume-Profit Analysis, Budgetary Control. Marginal cost and CVP Analysis and Profit planning. Activity based costing,