Management Accounting

Paper Code: 
BCS 214
Credits: 
03
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

 

Course Objectives:

To acquire knowledge and understanding of the concepts, principles and practices of company  management accounting in accordance with statutory requirements.

Course Outcomes (COs):

BCS 214

Management Accounting

CO 46:Editorializing thoroughly the conceptual framework of Management Accounting; identification of differences between Cost Accounting and Management Accounting.
 

CO 47:Linking and analyze capital budgeting process and capital budgeting techniques. Critically examine various theories of dividend and factors affecting dividend policy.
 

CO 48:Explaining the concept of cost of capital and computing cost of different sources of capital. Understand the concept of relevant and irrelevant costs and make

CO 49:Understanding the concept of net asset valuation.

CO 50:Analysing the importance of methods of valuation.

Approach in teaching:
Interactive Lectures, Discussion, Tutorials, assignments.

Learning activities for the students:
Self-learning assignments, Effective questions,  Giving tasks, Solving numerical problems

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments,  Individual projects.

 

9.00
Unit I: 
An Overview of Cost

Importance and relevance of Cost Accounting; Material Cost, Labour Cost, Direct Expenses and Overheads, Cost Sheet.

Cost Accounting Records & Cost Audit under Companies Act, 2013

 

9.00
Unit II: 
Budget, Budgeting and Budgetary Control

Preparation of various types of Budgets; Budgetary Control System; Zero Based Budgeting; Performance Budgeting

Ratio Analysis: Financial Analysis through Ratios

 

9.00
Unit III: 
Management Reporting (Management Information Systems)

Management Reporting (Management Information Systems)

Decision Making Tools: Marginal Costing; Transfer Pricing

Valuation Principles & Framework: Conceptual Framework of Valuation, Valuation rules; Valuation of securities or financial assets; Approaches of Valuation - Assets Approach, Income Approach; Market Approach; Registered Valuer; IND AS Valuation

 

9.00
Unit IV: 
Valuation of Shares, Business and Intangible Assets

Regulatory Valuations; Companies Act; Insolvency and Bankruptcy Code; Income Tax Act; SEBI law; FEMA and RBI guidelines

Accounting for Share based payments (IndAS 102)

 

9.00
Unit V: 
Business and Intangible Assets

Methods of Valuation:

Net Assets Valuation: Relative Valuation (Comparable Companies/Transactions); Discounted Cash Flow Valuation; Other Methods Case Studies & Practical Aspects.

 

References: 

1. Study Material Published by ICSI

2. Scanner-Arun Kumar(ShuchitaPrakashans(P) Ltd)

 

Academic Year: 
2021-2022
  • Printer-friendly version
  • PDF version