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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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24DATG 715 |
Performance Measurement (Theory)
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CO265: Identify and evaluate the different types of cost CO266: Evaluate alternatives by applying marginal cost analysis CO267: Formulate various types of budget CO268: Assess the components of Working Capital CO269: Determine transfer price and measure performance of organizations and its divisions by applying various techniques CO270: 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.
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Continuous Assessment Test, Semester end Examinations, Quiz, Solving Numerical problems, Assignments, Class Presentations, Individual & 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 RESOURCES:
● 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
