Syllabus For The Subject MANAGEMENT & COST ACCOUNTING

UNIT - 01

MANAGEMENT ACCOUNTING - NATURE AND SCOPE - MEANING - DEFINITION -

OBJECTIVES - UTILITY AND LIMITATIONS OF MANAGEMENT ACCOUNTING - ANALYSIS

AND INTERPRETATION OF FINANCIAL STATEMENT

UNIT - 02

ANALYSIS OF FUND FLOW AND CASH FLOW STATEMENT

UNIT - 03

BUDGETS AND BUDGETARY CONTROL - CAPITAL BUDGETING

UNIT - 04

MARGINAL COSTING AND PROFIT PLANNING STANDARD COSTING

UNIT - 05

DECISIONS INVOLVING ALTERNATIVE CHOICES - VARIANCE ANALYSIS

UNIT - 06

NATURE AND SCOPE OF COST ACCOUNTING - MEANING - SCOPE -OBJECTIVES -

ADVANTAGES AND LIMITATIONS - AN AID TO MANAGEMENT - FINANCIAL ACCOUNTING

VS COST ACCOUNTING - OBJECTIONS AGAINST COST ACCOUNTING

UNIT - 07

GENERAL PRINCIPLES OF COST ACCOUNTING - CHARACTERISTICS OF IDEAL COSTING

SYSTEM - INSTALLATION OF A COSTING SYSTEM - STEPS FOR INSTALLATION -

PRACTICAL DIFFICULTIES - STEPS TO OVERCOME PRACTICAL DIFFICULTIES - COST

UNIT - METHODS - TYPES OR TECHNIQUES OF COSTING - ANALYSIS - CONCEPTS AND

CLASSIFICATIONS

UNIT - 08

MATERIAL MANAGEMENT - MEANING OF MATERIAL CONTROL - LEVEL OF MATERIAL

CONTROL - ASPECTS - NEED - ESSENTIALS - OBJECTIVES - TECHNIQUES OF MATERIAL

CONTROL

UNIT - 09

ECONOMIC ORDER QUANTITY - ABC ANALYSIS - VED ANALYSIS - PERPETUAL

INVENTORY SYSTEM - MATERIAL TURNOVER RATIO - PURCHASE AND STORES

CONTROL - MATERIALS COSTING

UNIT - 10

LABOUR COST - COMPUTATION AND CONTROL - REMUNERATION AND INCENTIVES

UNIT - 11

OVERHEADS - CLASSIFICATION AND DISTRIBUTION OF OVERHEADS - ABSORPTION OF

FACTORY OVERHEADS - TREATMENT OF OTHER OVERHEADS - CONTROL OF

OVERHEADS

UNIT - 12

Vinayaka Missions University,Directorate of Distance Education

Salem India

BACHELOR OF COMMERCE IN INTERNATIONAL BUSINESS

3 Yr.

MANAGEMENT & COST ACCOUNTING(1041216)

METHODS OF COSTING - UNIT COSTING - RECONCILIATION OF COST AND FINANCIAL

ACCOUNTS - JOB AND CONTRA COSTING - PROCESS COSTING - JOINT PROCEDURES

AND BY PRODUCTS COSTING