Introduction
Financial Management, Financial Planning and Capitalization- definitions, objectives, changing roles and
functions, Financial Decision.
Capital Budgeting
Nature of Investment decision, Importance of Capital Budgeting, The Capital. Budgeting Process -
Investment Criterion, Pay-back period, Accounting, ROR (Rate of Return) Method, Discounting Cash flow
method, Net – present value method, IRR (Internal Rate of Return) method, The benefit-Cost Ratio
method.
Management of Working Capital
Various concepts, Elements, Classification, Financing and importance of working capital, Investment
analysis, Cash flow determination, cost of capital, capital budgeting methods.
Budgeting Control Technique
Concepts of Budget, budgeting and budgetary control, Objectives, Functions, Uses, Advantages,
Limitations; Master Budget and Report.
Cost – Volume – Profit Analysis
Classification of costs, Allocation, apportionment and absorption, Cost centers, different costing systems,
Cost analysis for managerial decisions, Meaning of Linear CVP analysis, Objectives, Assumptions, Break –
Even analysis, determining the Break-Even point profit, Volume graph profit, Volume ratios margin of
Safety.
Introduction to Accounting
Basic accounting concepts, important definitions, uses, limitations, advantages; types of Accounting,
Financial statements, introduction to Journal Accounting; different types of Vouchers, double entry
bookkeeping, different types of transactions related to Financial Accounting.
Financial Control
Posting of Ledgers and preparation of Trial Balance; preparation of Balance Sheet and Profit and Loss
Accounts; Controlling other departments by Financial Accounting (A practical Approach).