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Performance Measurement
This course will enable the students to gain knowledge and develop skills in the application of management accounting and cost accounting techniques to quantitative information for planning, decision-making, performance evaluation and control.
Course Outcomes (COs):
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Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course title |
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24DATG705 |
Performance Measurement (Theory)
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CO205:Examine different types of cost CO206:Evaluate alternatives by applying marginal cost analysis CO207: Formulate various types of budget CO208: Assess the components of Working Capital CO209: Determine transfer price and measure performance of organizations and its divisions by applying various techniques CO210:Contribute effectively in course-specific interaction |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, Reading assignments; Solving Questions.
Learning activities for the students: Self-learning assignments, Case Study analysis, Presentation,
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Class test, Semester end examinations, Quiz, Solving problems, Assignments, Presentation, Individual and group projects. |
• Cost behavior and cost objects
• Actual and normal costs
• Standard costs
• Absorption (full) costing
• Variable (direct) costing
• Breakeven analysis - Profit performance and alternative operating levels, Analysis of multiple products.
• Marginal analysis -Opportunity costs, Sunk costs ,Marginal costs and marginal revenue , Special orders and pricing , Make vs. buy, Sell or process further, Add or drop a segment, Capacity consideration
• Concept of budget, budgeting and budgetary control
• Role of budgetary control in research
• Performance report, revision of budgets
• Performance budgeting, programme budgeting and rolling system.
• Preparation of cash budget, master budget, fixed budget, flexible budget, production budget, sales budget, functional budget etc.
• Working capital terminology
• Cash management
• Accounts receivable management
• Inventory management
• Types of short-term credit, Short-term credit management
• Responsibility Accounting: Concept, Significance, Different Responsibility Centres
• Divisional Performance Measurement: Financial and Non-Financial measures
• Transfer pricing
• Jain, Khandelwal &Pareek, Cost Accounting Ajmera Book Company, Jaipur
• Agarwal, Jain, Sharma, Shah & Mangal, Cost Accounting Ramesh Book Depot, Jaipur
• Agrawal, & Agrawal Management Accounting Ramesh Book Depot
• Khan & Jain Management Accounting Tata Mc Graw Hill
• Agarwal, M.R, Management Accounting Malik and Company
Suggested Readings:
• Arora, M.N.,Cost Accounting Principles and Practice, Vikas Publication, New Delhi
• Kishore R.M.., Cost Accounting Taxmann’s New Delhi
• Nigam, B.M Lal,& Jain, I.C. , Cost Accounting PHI, New Delhi
• Maheshwari, S.N, Cost Accounting Mahavir Publication
• JawaharLal, Cost Accounting Tata Mcgraw Hill, New Delhi
• Madegowda. J. Cost Accounting Himalaya Publishing House
• Singh , S. K Management Accounting Sun India Publications
• Chakraborty, H. & Chakraborty, S. Management Accounting Oxford University Press
• Maheshwari , S.N Management Accounting and Financial AnalysisS.Chand& Sons
• Vinayakkam, N. & Sinha, IB Management Accounting Himalaya Publishing House
• Kaplan, R.S& Atkinson , A.A .Advance Management Accounting Prentice Hall India New Delhi
E-Content:
• https://devlibrary.in/manager ial and cost accounting/
• https://www.icsi.edu/media/website/CostAndManagementAccounting.pdf
• https://books.google.com/books/about/Cost_Accounting_Text_and_Problems.h...
Reference Journals:
• The Indian Journal of Commerce
• FIIB Business Review
• Vikalpa: Journal for Decision Makers
Note: The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless.
