MI4201 Management Accounting Syllabus:
MI4201 Management Accounting Syllabus – Anna University PG Syllabus Regulation 2021
COURSE OBJECTIVE:
Acquire fundamental knowledge in Management Accounting
UNIT I INTRODUCTION
Management Accounting – Meaning, Scope, Importance and Limitations – Management Accounting Vs. Financial Accounting – Analysis of Financial Statements – Meaning, Tools and Methods – Comparative, Common Size Statements, Trend Analysis.
UNIT II RATIO ANALYSIS
Ratio Analysis – Meaning, Merits and Demerits – Classification of Ratios –Liquidity, Profitability, Turnover, Capital structure and Leverage ratios (simple problems only).
UNIT III FUND FLOW AND CASH FLOW STATEMENTS
Preparation of Fund Flow and Cash Flow (as per AS3) Statements (simple problems only).
UNIT IV BUDGETARY CONTROL
Budgetary Control – Meaning, steps involved – Merits and Demerits – Types of Budgets – Production, Sales, Cash – Fixed and Flexible Budgets.
UNIT V MARGINAL COSTING
Marginal Costing (excluding decision making) – BEP, Break Even Charts, Limiting Factors.
TOTAL: 45 PERIODS
COURSE OUTCOME:
Posses a reasonable knowledge of the basic tools in Management Accounting.
TEXT BOOKS:
1. Reddy and Hari Prasad Reddy, Management Accounting by Margham Publications, 2015, Chennai.
2. S.N.Maheswari, Management Accounting, Sultan Chand & Sons, 2014, NewDelhi
3. Sharma and Shashi Gupta, Management Accounting, Kalyani Publishers, 2014, New Delhi.
REFERENCES:
1. Horngren, Surdem, Stratton, Burgstahler, Schatzberg, Introduction to Management Accounting, PHI Learning, 2015
2. Charles T. Horngren and Gary N. Sundem, Introduction to Management Accounting, Prentice Hall.
3. Chadwick, Essence of Management Accounting, 2014,Prentice Hall of India, Pvt. Ltd.