1. Background - Nature of Management Accounting
2. Financial Analysis - Cash Flow Statement (as per AS3), Financial Statements Analysis
3. Cost Accumulation - Fundamentals of Job-Order Batch & Process Costing, Variable Costing and Absorption
(Full) Costing, Activity Based Costing System
4. Profit Planning - Cost -Volume-Profit Analysis, Budgeting and Profit Planning, Flexible Budgeting
5. Cost Control - Standard Costs and quality Costs, Cost Variance Analysis, Revenue and Profit Variance Analysis,
Responsibility Accounting
6. Relevant Costing – Introduction – Relevant Costs and Revenues- Cost Concepts – Outsourcing Decision –
Decision to accept or reject a special order – Decision to continue or abandon a project
7. Total Cost Management – Introduction – TCM and Business competitive edge - TCM Principles and
implementation