INSTITUTE FACULTY OF MANAGEMENT STUDIES
PROGRAM BACHELOR OF BUSINESS ADMINISTRATION
SEMESTER 4
COURSE TITLE MANAGEMENT ACCOUNTING
COURSE CODE 04BB0408
COURSE CREDITS 4
Course Outcomes: After completion of this course, student will be able to:
1 Understand the scope of management accounting
2 Understand the importance of marginal costing in decision making.
3 Understand the control mechanism on all the element of cost that affect production.
4 Understand the changes in operational and financial position of company.
5 Understand the role of Budgetary control in framing financial plan.
Pre-requisite of course:NONE
Teaching and Examination Scheme
Theory Tutorial Practical ESE IA CSE Viva Term
Hours Hours Hours Work
4 0 0 50 30 20 0 0
Contents : Contact
Topics
Unit Hours
1 Introduction to Management Accounting 7
Meaning, Definition, Nature, Scope, Functions and Limitations of
Management Accounting, Relationship and difference between
Management Accounting to Cost Accounting and Financial
Accounting, Description of Tools and Techniques in Management
Accounting
2 Analysis of Fund Flow and Cash Flow Statement 12
Fund Flow Statement: Meaning and usage of Fund Flow Statement;
preparation of fund flow statement (Basic level), Cash Flow
Statement (AS-3); Distinction between Fund Flow Statement and
Cash Flow Statement, Classification of Cash Flows, Objective and
Usage of Cash Flow Statement, Preparation of Cash Flow statement
3 Marginal and Absorption Costing 11
Marginal Costing- Meaning, Characteristics, Advantages and
Limitations. Difference between Marginal Costing and Absorption
Costing, Income determination under Marginal Costing and
Absorption Costing; CVP/BEP Analysis, Safety Margin and Key
factors that involves decision making
DR. SRINIVASA RAO MEDA DR. SUNIL KUMAR JAKHORIA
Digitally signed by (Name of HOD) Digitally signed by (Name of Dean/ Principal)
Contents : Contact
Topics
Unit Hours
4 Budgeting and Budgetary Control 8
Meaning, Objectives, Advantages and Limitations. Essentials of
effective budgeting in management process; Installation of Budget
System, Budgetary Control: Types of budgets preparation, Zero
Base Budgeting; Performance Budgeting
5 Standard Costing 10
Meaning, Difference between Standard Costing and Budgetary
Control, Merits and Demerits of Standard costing, Prerequisite for
establishment of standard costing, Efficiency and Activity Ratios,
Material, Labor and Overhead Variance
Total Hours 48
Textbook :
1 Cost and Management Accounting, M. N. Arora, Vikas Publishing House, 2020
2 Cost and Management Accounting, P.C. Tulsian, S Chand, 2018
References:
1 Cost Accounting, Cost Accounting, Jawahar Lal, Tata McGraw Hill Publication, 2020
2 Management Accounting, Management Accounting, Paresh Shah, Oxford Publication,
2018
3 Cost Management Accounting, Cost Management Accounting, Ravi Kishor, Taxman, 2020
4 Management Accounting, Management Accounting, Bhattacharya, Pearson Publication,
2018
5 Cost Management: Strategies for Business Decision, Cost Management: Strategies for
Business Decision, Hilton, Maher and Selto, TMH, 2020
Suggested Theory Distribution:
The suggested theory distribution as per Bloom’s taxonomy is as follows. This distribution
serves as guidelines for teachers and students to achieve effective teaching-learning process
Distribution of Theory for course delivery and evaluation
Remember / Understand Apply Analyze Evaluate Higher order
Knowledge Thinking
20.00 30.00 25.00 15.00 10.00 0.00
Instructional Method:
1 Theory
DR. SRINIVASA RAO MEDA DR. SUNIL KUMAR JAKHORIA
Digitally signed by (Name of HOD) Digitally signed by (Name of Dean/ Principal)
Supplementary Resources:
1 [Link]
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2 [Link]
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3 [Link]
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nIA%3D%3D
DR. SRINIVASA RAO MEDA DR. SUNIL KUMAR JAKHORIA
Digitally signed by (Name of HOD) Digitally signed by (Name of Dean/ Principal)
