Course: BMT5112 Financial Accounting and Analysis
Trimester – I of Academic Year 2021-22 C1+TC1 Slots Class ID: VL2021220200028
Faculty Details: Dr. Vedantam Seetha Ram
Assistant Professor in Accountancy, VIT Business School,
Vellore Institute of Technology, Vellore, TN, India - 632014.
Contact Details:
[email protected]Contact Hours: Tuesday – 11 to 11:50 AM Wednesday – 8 to 8:50 AM
&
Friday – 9 to 9:50 AM
Class Contact Through: MS TEAMS Link:
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8XLmyfBuHewCmp3Juyzw8-pynGs1%40thread.tacv2/General?groupId=405ae586-
1f25-401c-ac0d-eeba1c42c6c5&tenantId=d4963ce2-af94-4122-95a9-644e8b01624d
Course: BMT5112 Financial Accounting and Analysis
COURSE OUTCOME (CO) APPLICABLE
1. Prepare financial statements as per the Accounting principles and standards.
2. Evaluate Depreciation and Inventory valuation of the given organization
3. Make decisions using the accounting tools and analyze the financial statements as per the
requirement of stakeholders.
4. Process the financial data through computers in setting goal to attain competitive
advantage.
COURSE SCHEDULE
Sl. No. Topic CO
01 Accounting Concepts, Principles, Bases and Policies: Accounting Principles, CO1
Standards and International Financial Reporting System.
02 Double Entry Accounting: Classification of accounts, Accounting Equation CO1
approach, Journal.
03 Ledger accounts - Posting of transactions in Ledger Accounts CO1
04 Trial Balance: Objectives of trial balance , Methods of trial balance CO1
05 Trial Balance: Adjustment entries, errors and their rectification. CO1
06 Final Accounts: Trading Account preparation and Interpretation CO1
07 Final Accounts: Trading Account preparation and Interpretation CO1
08 Final Accounts: Profit and Loss Account preparation and Interpretation CO1
09 Final Accounts: Profit and Loss Account preparation and Interpretation CO1
10 Depreciation: Causes, Importance and Methods of Depreciation. CO2
11 Depreciation: Treatment of Depreciation in P&L A/c. CO2
12 Final Accounts: Balance Sheet preparation and Interpretation CO1
13 Final Accounts with Adjustments-Provision for doubtful debts, Discount on CO1
Debtors and Creditors, Bad Debts, Interest on Capital, Prepaid expenses,
outstanding expenses, etc.,
14 Final Accounts with Adjustments-Provision for doubtful debts, Discount on CO1
Debtors and Creditors, Bad Debts, Interest on Capital, Prepaid expenses,
outstanding expenses, etc.,
Mid Term Examination
15 Tools and Techniques – Comparative statements CO3
16 Tools and Techniques – Common size statement CO3
17 Tools and Techniques –Trend analysis CO3
18 Tools and Techniques –Trend analysis using excel sheet CO3
19 Tools and Techniques – Ratio Analysis –significance– classification– CO3
Limitations and Interpretation of ratios
20 Tools and Techniques – Ratio Analysis: Interpretation of ratios CO3
21 Tools and Techniques – Ratio Analysis: Interpretation of ratios CO3
22 Tools and Techniques – Ratio Analysis: Interpretation of ratios CO3
23 Tools and Techniques – Comparison between funds flow and cash flow CO3
statements - preparation of cash flow statement.
24 Tools and Techniques – preparation of cash flow statement. CO3
25 Inventory Valuation: Need, Importance, methods-FIFO, LIFO,HIFO CO2
26 Inventory Valuation: Simple average, Weighted Average price CO2
27 Inventory Valuation: Standard Price and Inflated price CO2
28 Importance of Accounting Computerization-Differences between Manual CO4
Accounting and Computerised Accounting system.
29 Importance of Accounting Computerization-Differences between Manual CO4
Accounting and Computerised Accounting system.
30 Computerised Accounting Packages. CO4
NOTE: CASE method or SCENARIO based delivery would be adopted wherever applicable.
Text Books & Reference Books:
1. Kakani Ramachandran, (2011), Financial Accounting for Management, 3rd edition, McGraw
Hill, India
https://books.google.co.in/books?id=ZlvbfwFNyi8C&printsec=copyright&redir_esc=y#v=onepa
ge&q&f=false
2. Godwin, Alderman, Sanyal (2016), Financial ACCT - Financial Accounting (2016), Cengage
Learning
Prepared & Facilitated by
Dr. Vedantam Seetha Ram
Assistant Professor in Accounting and Finance,
VIT Business School,
Vellore Institute of Technology,
Vellore, Tamil Nadu, India – 632014.
