Syllabus

Cost and Management Accounting: Types of costs, Cost Volume Profit Analysis (CVP), Accounting Treatment on Allocation, Absorption and Apportionment of Overheads, Activity based costing. Budgeting and Budgetary Control.
Performance Analysis: Responsibility Accounting System, Levels of Responsibility, Responsibility Centres, Variance Analysis, Evaluation of Cost and Sales Variances.
Financial Accounting: Theoretical Background, Golden Rules of Accounting (Double Entry System), Generally Accepted Accounting Principles (GAAPs), Profit and Loss Accounts, Balance Sheet. Analysis of Financial Statements, Ratio Analysis.

To familiarizes the students with financial statements and principles underlying them

To acquaint the students with financial, cost and management accounting mechanics, process and system.

This subject familiarizes the students with financial statements and principles underlying them and also acquaints them in brief with financial, cost and management accounting mechanics, process and system.

Anthony, R N Hawkins, D. F and Merchant K. A, Accounting: Text and Cases, McGrawHill , 12e

Horngren, C T et al, Cost Accounting: A Managerial Emphasis, Prentice Hall , 13e

Narayanaswamy, R, Financial Accounting: A Managerial Perspective, Prentice Hall India , 5e

Arora, M N, Cost and Management Accounting, Vikas Publishers , 10e