AM (MBA 1st)

Unit –I

Accounting as an information system, concepts, convention and principles of Accounting,

Role of accountant in an organization. Branches of accounting: Financial, Cost and

Management Accounting and their inter-relationships, Introduction of Accounting Standards.

Exposure to format of schedule IV of Public Limited, Banking and Insurance Companies.

Unit- II

Financial Analysis-Concepts and objectives, Tools of Financial Analysis: trend analysis,

common size statements, comparative statements, Introduction to ratio analysis, fund flow

and cash flow statements (with additional information).

Unit- III

Cost Accounting-Meaning, Scope and Classification of costs, Absorption costing, Marginal

costing. Introduction to Break Even Analysis, Use of Cost-data in managerial Decisionmaking

with special reference to pricing and make or buy decisions. Introduction to Standard

Costing including Variance Analysis – materials and labour variances. Cost Control

Techniques-Preparation of budgets and their control, Zero base budgeting.

Unit- IV

Introduction to recent developments in cost management: Introduction to concept of Price

Level Accounting, Human Resource Accounting, Transfer Pricing. Target Costing, Kaizen

costing , Activity based costing, Life Cycle Costing. Introduction to Tally Software Package

in Accounting – Creating Companies, journal entries and ledger accounts.