UNIT I FINANCIAL ACCOUNTING
Meaning and Scope of Accounting-Principles-Concepts-Conventions-Accounting Standards-Final Accounts-Trail Balance-Trading Account-Profit and Loss Account-Balance Sheet-Accounting Ratio Analysis-Funds Flow Analysis-Cash Flow Analysis
UNIT II ACCOUNTING
Meaning-Objectives-Elements of Cost-Cost Sheet-Marginal Costing and Cost Volume Profit Analysis-Break Even Analysis-Applications-Limitations-Standard Costing and Variance Analysis-Material-Labor-Overhead-Sales-Profit Variances
UNIT III BUDGETS AND BUDGETING CONTROL
Budgets and Budgetary Control-Meaning-Types-Sales Budget-Production Budget-Cost of Production Budget-Flexible Budgeting-Cash Budget-Master Budget-Zero Base Budgeting-Computerized Accounting
UNIT IV INVESTMENT DECISION AND COST OF CAPITAL
Objectives and Functions of Financial Management-Risk-Return Relationship-Time Value of Money Concepts-Capital Budgeting-Methods of Appraisal-Cost of Capital Factors Affecting Cost of Capital-Computation for Each Source of Finance and Weighted Average Cost of Capital
UNIT V FINANCING DECISION AND WORKING CAPITAL MANAGEMENT
Capital Structure-Factors Affecting Capital Structure-Dividend Policy-Types of Dividend Policy-Concepts of Working Capital-Working Capital Policies-Factors affecting Working Capital-Estimation of Working Capital Requirements
TEXTBOOK
1. S.N.Maheswari, “Financial and Management Accounting”, Sultan Chand & Sons, 2003
2. I.M.Pandey, ”Financial Management”, Vikas Publications, 4th Reprint, 2002
REFERENCES
1. S.P.Iyengar, “Cost and Management Accounting”, Sultan Chand & Co,
2. I.M.Pandey, “Elements of Management Accounting” Vikas Publishing House, 19993
