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MB0041 Financial and Management Accounting (Code: MB0041)

MB0041 Financial and Management Accounting
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MB0041 Financial and Management Accounting MB0041 Financial and Management Accounting

SMU university SOLVED online test 


Product Details: Sikkim manipal university SMU university SOLVED Online test AND GUESS

Format: online test  2 month membership plan



Edition Description2015-16



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Financial and Management Accounting Syllabus.

Part 1: Financial Accounting – An Introduction
Introduction, Basic Accounting Concepts, Double Entry Accounting, The Accounting Trail, Financial Statements and their Nature, The Accounting Equation

Part 2: Primary Books
Introduction, Ground Rules of Journal Entry, Types of Journals

Part 3: Secondary Books
Introduction, Types of secondary books, Posting techniques in the ledger

Part 4: Trial Balance and Final Accounts
Introduction, Preparation of the Trial Balance, Errors and their Rectification, Final Accounts

Part 5: Introduction to Management Accounting
Introduction, Decision-making as a Nucleus of Management, Meaning and Scope of Management Accounting, Cost Analysis, Budgetary Control, Standard Costing and Variance Analysis, Financial Analysis, Relevant Cost, Management Accounting Framework, Functions of Management Accounting, Special Features of Management Accounting, Merits and Demerits of Management Accounting, Differences between Management Accounting and Financial Accounting

Part 6: Financial Statement Analysis
Introduction, Meaning of Ratio Analysis, Classification of Ratios, Advantages of Ratio Analysis, Limitations of Ratio Analysis, Computation of Ratios (Problems)

Part 7: Funds Flow Analysis
Introduction, Meaning of Fund Flow Statement, Objectives of Fund Flow Statement, Steps in Preparation of Fund Flow Statement, Computation of changes in Working Capital and Fund from Operation

Part 8: Cash Flow Analysis
Introduction, Meaning of Cash Flow Statement, Objectives of Cash Flow Statement, Uses of Cash Flow Statement, Steps in Preparing Cash Flow Statement, Difference between Cash and Fund Flow Statement, Computation of Cash from Operations

Part 9: Understanding Cost
Introduction, Meaning of Cost, Statement of Cost or Cost Sheet, Valuation of W-I-P

Part 10: Marginal Costing and Break-even Analysis
Introduction, Concept of Marginal Costing, Break-even Chart, Break-even Analysis, Advantages (or Applications) of Marginal Costing, Limitations of Marginal Costing, Some Useful Equations of Marginal Costing

Part 11: Budgetary Control
Introduction, Meaning of Budget, Essential Features of Budgetary Control, Steps in Budgetary Control, Types of Budgets, Advantages of Budgetary Control, Limitations of Budgetary Control

Part 12: Standard Costing
Introduction, Meaning & Definition of Standard Costing, Standard Costing & Budgetary Control, Establishment of Standard Cost, Variance Analysis



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