Management Accounting - Practical

Paper Code: 
24CATG612
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to develop an understanding of management accounting concepts and procedures and application of the same in real world scenarios.

Course Outcomes: 

Course Outcomes (COs):

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

24CATG 612

Management Accounting

(Practical)

CO199: Analyse and apply the concept of cost and Management of cost through reduction.

CO200: Assess and compare the different type of Capital Structure in long Term and Short Term.

CO201: Classify and Evaluate the different types of Budgets.

CO202: Interpret the different variances for various elements of cost.

CO203: Critically evaluate Activity Based Costing and compare it with the traditional method.

CO204: Contribute effectively in course-specific interaction

Approach in teaching: Interactive Lectures, Discussions, Tutorials Problem solving sessions, Presentations.

 

Learning activities for the students: Self-learning assignments, Case Study Analysis, Presentations, Group Discussions.

 

Continuous Assessment Test,

Semester end Examinations,

Quiz,

Solving Numerical problems, Assignments, Class Presentations, Individual & group projects.

 

6.00
Unit I: 
Management of Cost:

• Case study on reduction and management of cost

6.00
Unit II: 
Capital Structure:

• Case study on the different capital structure.

6.00
Unit III: 
Budgeting:

• With the help of hypothetical figures prepare different types of budgets

6.00
Unit IV: 
Variance Analysis:

• Case study using different variances for different elements of cost.

6.00
Unit V: 
Activity Based Costing:

• Case study/ Group discussion on comparison of Activity Based costing with traditional system of costing.

Essential Readings: 

● Cost Accounting: Jain, Khandelwal & Pareek (Ajmera Book Company), Jaipur
● Advance Cost Accounting: Oswal, Maheshwari, Modi (Ramesh Book Depot)
● Cost Accounting: Jawahar Lal (Tata Mcgraw Hill), New Delhi
● Oswal, Sharma, “ Business Budgeting” Kailash Book Depot” Jaipur

References: 

● Cost Accounting: B.M Lall Nigam, I.C. Jain (PHI), New Delhi
● Cost Accounting Theory and Practice: Bhabatosh Banerjee (PHI), New Delhi
● Cost Accounting: Agarwal, Jain, Sharma, Shah and Mangal (Ramesh Book Depot), Jaipur
● Cost Accounting Principles and Practice: M.N. Arora (Vikas Publication), New Delhi
● M.Y.Khan and P.K.Jain, “Management Accounting” Himalaya Publishing House, New Delhi
● Gupta S.P, Management Accounting, Sahitya Bhawan Publications.
e-Resources:
● https://devlibrary.in/managerial-and-cost-accounting/
● https://www.icsi.edu/media/website/CostAndManagementAccounting.pdf
Reference Journal:
● The Indian Journal of Commerce
● FIIB Business Review
● Vikalpa: Journal for Decision Makers

Academic Year: 
2024-2025
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