ACCOUNTING FOR MANAGERS

FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS   

UNIT-I Book-keeping and Accounting – Meaning – Definition – Objectives of Financial Accounting – Branches of Accounting : Financial, Cost and Management Accounting – Accounting Concepts and conventions – journal – Ledger – Trial Balance – Preparation of Final Accounts: Trading, Profit and Loss Account and Balance Sheet (problems) – Accounting Standards – Groups interested in Accounting Information – An Introduction to Tally Package – salient features – types of vouchers – reports generated by Tally.

UNIT-II Capital and Revenue Expenditure – Deferred Revenue Expenditure – Capital andRevenue Receipts – Depreciation – Definition – Causes – Necessity of providing for depreciation – Methods of Calculating Depreciation: Straight Line Method and Written Down Value Method – Problems.

UNIT-III Financial Statements – Meaning – Types of financial Analysis – Techniques of FinancialAnalysis – Ratio Analysis – Profitability Ratios – Coverage Ratios – Turnover Ratios – Financial Ratios – Ratios to Financial Statement (problems) – uses and limitations of Ratio Analysis – Funds Flow Analysis (simple problems) – uses and limitations – Cash Flow Analysis (simple problems) – uses and limitations – Difference between funds flow and cash flow analysis.

UNIT-IV Marginal costing – assumptions – Cost Volume Profit Analysis – Breakeven Analysis –Key Factor – Profit Planning (problem) – Decisions involving Alternative Choices: Determination of sales mix, Exploring new markets and Make or Buy decisions (Problem for case study)

UNIT-V Concept of cost – Elements of Cost – Cost Accounting – Objectives – Cost Sheet(Problems) – classification of cost – Cost Unit and Cost Centre – Methods of Costing –Techniques of Costing.