04834nam a2200109Ia 4500 730 730 978-8180521324 SHAH,MAMTA MANAGEMENT ACCOUNTING ANE BOOKS Pvt. Ltd Difference between Book Keeping and Accounting • The Accounting Profession • Building Blocks-Ethics : A Fundamental Business Concept • History of Accounting • Generally Accepted Accounting Principles(GAAP) • Basic Accounting Equations The Recording Process • Journal • Types of Transactions ' . Personal Account ',. Real Account . Nominal Account • Goods Accounts • Ledger and Posting • How to post Entries in Ledger from journal? • Trial Balance • Cash Book and Subsidiary Books • Petty Cash Book. Introduction to Accounting and Its Principles • What is Accounting ? • Who Uses Accounting Information ? • Final Accounts • Trading, Profit and Loss Account • Balance Sheet o Assets • Liabilities • Adjustments in Final Accounts • What is Depreciation? • Methods of Providing Depreciation .Straight Line Method.Diminishing Balance or Written Down Value Method . Annuity Method .. Machine Hour Rate Method .. Insurance Policy Method A Broad View on Management Accounting • Accounting in a Dynamic Environment • Concept of Management Accounting • Management Accounting as an aid to Management Functions • Relationship between Management Accounting and Financial Accounting • Generally Accepted Accounting Principles : A Brief View • Functions of Management Accounting. Cost Concept and Their Classification • Meaning and Concept of Cost • Classification of Cost . Cost on the basis of elements Cost on the basis of behaviour . Cost on the basis of control . Cost on the basis of decision making . Cost on the basis of functions • Cost Sheet o Summary o Key Terms o Review Questions for Discussion o Test Your Understanding Budgeting ' • Why Budgets? • What is Budget? • Budgetary Control • Objectives of Budgetary Control System • Essentials of Good Budgetary Control System • Types of Budget . on the basis of period on the basis of functions . on the basis of flexibility • Important Illustrations on Budgeting • Zero-Base Budgeting • Performance Budgeting. Cost Volume Profit Analysis SMIVISSIONININIMMEN • Introduction • Contribution Margin Approach • Profit Volume Ratio • Break-Even Analysis • Margin of Safety • Illustration based on CVP analysis and decision making in business Inventory Valuation and Techniques • Need for Inventory • Inventory Control Techniques ❑ABC ❑VED ❑ EOQ ❑ MRP ❑ JIT • Inventory Levels • Inventory Systems • Pricing of Material Issued A.FIFO B. LIFO . Standard Costing and Variance Analysis • What is Standard Cost? • Advantages of Standard Costing System • Perfection vs. Practical Standard • Difference Between Standard Costing & Budgetary Control System , Limitations of Standard Costing • Setting of Standards • Benefits of Standard Costing • How to Establish Standard Costing System? • Analysis of Variance ❑ Direct Material Variance ❑ Labor Variance ❑ Overhead Variance ❑ Sales Variance ❑ Summary ❑ Key Terms ❑ Review Questions for Discussion ❑ Test Your Understanding Activity Based Costing • Introduction • Classification of Activities • How Activity System Works? • Advantages of ABC System • Implication of ABC System in Industries • Limitations of ABC System • Activity Based Management. Ratio Analysis • Introduction • Types of Ratios . Liquidity Ratio ,. Turnover Ratio Leverage Ratio . Profitability Ratio . Financial Ratio • Importance of Ratio • Numerical Problems Strategic Cost Management aanaeawmmasimirimm • Introduction • Strategic Cost Management • Advantages of Strategic Cost Management • Techniques Involved in Strategic Cost Management • Activity Based Costing System • Life Cycle Costing • Target Costing • Value Engineering • Material Requirement Planning • Just in Time • Benchmarking • Six Sigma • Total Quality Management • Balance Score Card. Management of Working Capital • Introduction • Factors for Determining Working Capital Needs • Levels of Working Capital • Financing Policy for Working Capital • Approaches to Working Capital Financing • Operating Cycle • Sources to Working Capital Finance • Cash Management • Objective of Cash Management ❑ ' ❑ ; 0 Dividend Decisions • Dividend • Relevance of Dividend : Walter's Model and Gorden's Model • Walter's Model • Gorden's Model • MM Hypothesis • Determinants for Dividend Policy Financing Decisions Leverage • Concept of Leverage • Operating Leverage • Financial Leverage • Combined Leverage BK 0 0 0 0 MIIMLIB MIIMLIB ACCOUNTING 2019-02-11 250.00 1 2 658.1511 (RACK -4) 730 2020-02-26 2019-11-22 2019-02-11 BK