Syllabus For The Subject FINANCE MANAGEMENT & MANAGEMENT ACCOUNTING

UNIT - 01

ACCOUNTING - DEFINITION - ACCOUNTING FOR HISTORICAL FUNCTION AND

MANAGERIAL FUNCTION - SCOPE OF ACCOUNTING - FINANCIAL ACCOUNTING AND

MANAGEMENT ACCOUNTING

UNIT - 02

FINANCIAL STATEMENT ANALYSIS - FINANCIAL STATEMENTS - NATURE OF FINANCIAL

STATEMENTS - LIMITATIONS OF FINANCIAL STATEMENTS - ANALYSIS OF

INTERPRETATION - TYPES OF ANALYSIS - EXTERNAL VS INTERNAL ANALYSIS -

HORIZONTAL VS VERTICAL ANALYSIS - TOOLS OF ANALYSIS - TREND ANALYSIS

UNIT - 03

RATIO ANALYSIS - TYPES - LIQUIDITY RATIOS - PROFITABILITY RATIOS - TURNOVER

RATIOS - PROPRIETARY RATIOS - MARKET EARNINGS RATIOS - FACTORS AFFECTING

EFFICIENCY OF RATIOS - HOW TO MAKE EFFECTIVE USE OF RATIO ANALYSIS - USES

AND LIMITATION OF RATIOS

UNIT - 04

CONSTRUCTION OF PROFIT AND LOSS ACCOUNT AND BALANCE SHEET WITH RATIOS

AND RELEVANT FIGURES - INTER-FIRM - INTRA-FIRM COMPARISONS

UNIT - 05

FUND FLOW STATEMENTS - NEED AND MEANING - PREPARATION OF SCHEDULE OF

CHANGES IN WORKING CAPITAL AND THE FUND FLOW STATEMENT - MANAGERIAL USES

AND LIMITATION OF FUND FLOW STATEMENT

UNIT - 06

CASH FLOW STATEMENT - NEED - MEANING - PREPARATION OF CASH FLOW

STATEMENT - MANAGERIAL USES OF CASH FLOW STATEMENT - LIMITATIONS -

DIFFERENCES BETWEEN FUND FLOW AND CASH FLOW ANALYSIS

UNIT - 07

CAPITAL BUDGETING SYSTEM - IMPORTANCE - METHODS OF CAPITAL EXPENDITURE

APPRAISAL

UNIT - 08

PAYBACK PERIOD METHOD - ARR METHOD

UNIT - 09

DCF METHODS - NPV AND IRR METHODS - THEIR RATIONALE - CAPITAL RATIONING

UNIT - 10

Vinayaka Missions University,Directorate of Distance Education

Salem India

MASTER OF COMMERCE

1 Yr.

FINANCE MANAGEMENT & MANAGEMENT ACCOUNTING(2040103)

FINANCIAL MANAGEMENT - MEANING - NATURE AND SCOPE OF FINANCE - FINANCIAL

GOAL - PROFIT VS WEALTH MAXIMIZATION - FINANCE FUNCTIONS - INVESTMENT -

FINANCING AND DIVIDEND DECISIONS

UNIT - 11

MANAGEMENT OF WORKING CAPITAL - MEANING - SIGNIFICANCE AND TYPES OF

WORKING CAPITAL - CALCULATING OPERATING CYCLE PERIOD AND ESTIMATION OF

WORKING CAPITAL REQUIREMENTS

UNIT - 12

SOURCES OF WORKING CAPITAL - FACTORING SERVICES - VARIOUS COMMITTEE

REPORTS ON BANK FINANCE - DIMENSIONS OF WORKING CAPITAL MANAGEMENT -

FINANCING OF WORKING CAPITAL - REQUIREMENTS - FINANCING OF WORKING CAPITAL

AND NORMS OF BANK FINANCE