M-203

MANAGEMENT ACCOUNTING-II

Course/Paper : 203                                                            Max.Marks : 70

MBA Semester-II                                                                Time : 3 Hrs.

Objective:

The objective of the course is to provide the students with a learning framework that will enable them to study the principles and procedures used in collection and analysis of accounting information .

.Section -A

Management Accounting-Introduction. Basic cost terms and concepts. Managerial implications of job order costing, process costing- simple process, process accounting of  normal and abnormal wastage, Process Stock Accounting and inter process accounting.. cost-volume-profit analysis. Cost reduction system-kaizen costing system, ABC, Life cycle costing. Pricing decision. Standard cost and variance analysis. Budgeting and budgetary control-Types of budget- Flexible, cash, sales, production budget, master budget. Managerial implication of budget, performance budgeting, ZBB.Inferences from published financial statements-Ratio, cash flow and funds flow.Emerging issues in Management Accounting-Human Resources Accounting, EVA, Internal Reconstruction and Amalgamation – concept, elementary accounting and interpretation.

Note: 60% of the Questions will be Numerical/Cases/Inferences based.