Accounting For Managers: You can download the Study materials and notes for Accounting For Managers in PDF files from the official website.
Accounting For Managers Books
The Study materials and the books for accounting management are now available on the official website. The purpose of accounting management is to accumulate and report on financial information about the performance, financial position, and capital flows of a market. This data is then used to reach decisions about how to manage the company, or invest in it, or lend money to it. The notes for the first semester for the MBA are now available on the official website. The core courses in an MBA program cover various areas of business such as accounting, finance, marketing, human resources, operations, and statistics, etc.
Accounting For Managers Books 2018
The process of generating management reports and accounts that produce accurate and timely economic and statistical information required by administrators to make day-to-day and short-term choices. Accounting is called the language of business. This classification is applied to accounting because it is the method of communicating business information. To familiarize the students with the fundamentals principles of financial, cost and management accounting. To enable the students to prepare, analyze and interpret financial statements and to allow the students to take decisions using management accounting tools.
MBA Accounting for Managers syllabus – 1st Sem
Book-Keeping and Accounting – Financial Accounting – Concepts
and Conventions – Double Entry System – Preparation of Journal, Ledger and Trial Balance – Preparation of Final Accounts –Trading, Profit and Loss Account and Balance Sheet With Adjustment Entries, Simple Problems Only – Capital and Revenue Expenditure and Receipts.
Depreciation – Causes – Methods of Calculating Depreciation –
Straight Line Method, Diminishing Balance Method, and Annuity Method – Ratio Analysis – Uses and Limitations – Classification of Ratios – Liquidity, Profitability, Financial and Turnover Ratios – Simple Problems Only.
Funds Flow Analysis – Funds From Operation, Sources, and Uses of Funds, Preparation of Schedule of Changes In Working Capital and Funds Flow Statements – Uses And Limitations – Cash Flow Analysis – Cash From Operation – Preparation of Cash Flow Statement – Uses and Limitations – Distinction Between Funds Flow and Cash Flow – Only Simple Problems
Marginal Costing – Marginal Cost and Marginal Costing –
Importance – Break-Even Analysis – Cost Volume Profit Relationship – Application of Marginal Costing Techniques, Fixing Selling Price, Make or Buy, Accepting a Foreign Order, Deciding Sales Mix.
Cost Accounting – Elements of Cost – Types of Costs – Preparation
of Cost Sheet – Standard Costing – Variance Analysis – Material Variances – Labour Variances – Simple Problems Related to Material And Labour Variances Only.
[note: distribution of questions between problems and theory of this paper must be 60:40 i.e., problem questions: 60 % & theory questions: 40 %].
Accounting for managers for MBA 1st sem Notes
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Suggested Books for MBA Accounting for managers
- Jelsy Joseph Kuppapally, ACCOUNTING FOR MANAGERS, PHI, Delhi, 2010.
- Paresh Shah, BASIC ACCOUNTING FOR MANAGERS, Oxford, Delhi, 2007.
- Ambrish Gupta, FINANCIAL ACCOUNTING FOR MANAGEMENT, Pearson, Delhi, 2004.
- Narayanaswamy R, FINANCIAL ACCOUNTING, PHI, Delhi, 2011.
- Jain And Narang: Advanced Cost Accounting, Kalyani
- Maheswari S.N: Management Accounting, Sultan Chand, And Sons.
- P.Das Gupta: Studies In Cost Accounting, Sultan Chand & Sons, New Delhi.
- Jain & Narang: Advanced Cost Accounting, Kalyani Publishers.
- Jawaharlal: Advanced Management Accounting, S.Chand & Co.
- S.N.Maheswari: Management Accounting And Financial Control, Sultan Chand & Sons.
- V.K.Saxena And C.D.Vashist: Advanced Cost And Management Accounting, Sultan Chand & Sons, New Delhi.
- James Jimbalvo: Management Accounting, John Wiley & Sons.
- Khan & Jain: Management Accounting, Tata Mcgraw Hill Publishing Co., New Delhi.
- J.Made Gowda: Management Accounting, Himalaya Publishing House, Delhi.
- S.N.Maheswari: Management Accounting, Sultan Chand & Sons, New Delhi.
- N.P.Srinivasan & M.Sakthivel Murugan: Accounting For Management, S.Chand & Co., New Delhi.
Frequently Asked Questions
- Why is accounting called the language of business?
- What are the functions of accounting?
- Accounting as a social science can be viewed as an information system. examine.
- Is accounting a staff function or line function? Explain the reasons.
- Give an account of the various branches of accounting.
- ‘accounting is a service function’. Discuss the statement in the context of a modern manufacturing business.
- Distinguish between financial accounting and management
- What are accounting concepts and conventions? Is there any
difference between them?
- What is the significance of dual aspect concept?
- Write a short note on accounting standards.
- What is the position in India regarding the formulation and
enforcement of accounting standards?
We have provided the best books and study materials for accounting management. Candidates can download the notes in the pdf format from the official website or can purchase it directly. These books can help you to prepare for the exam very well and pass it with flying colors. So without further delay candidates can download the articles from the website and start preparing for the examination. Make sure that you share this website with your friends so that it can be helpful for them also.
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