Management Accounting

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

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

BCS 214

Management Accounting

CO 40:Understand thoroughly the conceptual framework of Management Accounting; identification of differences between Cost Accounting and Management Accounting.
 

CO 41:Understand and analyze capital budgeting process and capital budgeting techniques. Critically examine various theories of dividend and factors affecting dividend policy.
 

CO 42:Understand the concept of cost of capital and computing cost of different sources of capital.
 Understand the concept of relevant and irrelevant costs and make

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:

  • 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: 
Budgetary and Ratio

  • 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 and Decision making

  • 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 and Accounting

  • 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: 
Assets

  • 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: 
  • Study Material Published by ICSI
  • Scanner-Arun Kumar(ShuchitaPrakashans(P) Ltd)

 

Academic Year: 
2020-2021
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