Course Title Management Accounting
Level Intermediate
Aimed at General Management Stream and Finance Stream
Importance Core
Pre requisites Financial Accounting
Learning Objective After attending this course a student will be in a position tounderstand the behaviour or cost, volume and profit and use it for strategic decision making and control.
Pedagogy Class Room Lectures, Group Projects, Individual Assignment Presentation and Case Analysis .
Assuring Learning Solving Numerical Problems, Preparing Spreadsheet Models and continous assessment and feedback to students ensures that learning outcome is satisfactory.
   
 
     
 
Session 1 Cost Categories, Allocation, Apportionment.
Session 2 Absorption,
Session 3 Apportionment of service cost to production centers
Session 4 Pre determined overhead rates
Session 5 Costs, Cost Behavior, Cost Centers, Cost Unit
Session 6 Methods of Costing, Techniques of Costing
Session 7 Classification of Costs Fixed Variable
Session 8 Estimation of Cost and Cost Control
Session 9 Output/ Unit Costing, Cost Sheet, Job Costing
Session 10 Contract Costing
Session 11 Process Cost Accounting, WIP ( Equivalent Production )
Session 12 Normal and Abnormal Losses
Session 13 Inter Process profits, Joint and By Product costing
Session 14 Concepts of Budgets, Advantages, Functional Budgets
Session 15 Master Budgets, Cash Budget, Flexible Budgets
Session 16 Zero Based Budgeting, Responsibility Accounting
Session 17 Performance Budgeting
Session 18 Marginal Costing , Differential Costing, Special Costs for Management decision making, make /buy decisions
Session 19 Plant closure decisions, CVP analysis
Session 20 Management Reporting
Session 21 Strategic Cost Management: Activity Based Costing
Session 22 Strategic Cost Management: Target Costing
Session 23 Strategic Cost Management Life Cycle Costing.
Session 24 Standard Costing and Variance Analysis
Session 25 Material Cost Variance, Labor Cost Variance
Session 26 Variable OH Cost Variance and Fixed OH Cost Variance
Session 27 Sales Variances, Sales Margin Variances
Session 28 Reconciliation between Budgeted Profit and Actual Profit.
 
     
  Study Material  
     
 
 
     
 
Stdcostingmaterial.xls
 
     
  Corporate Budgeting Spreadsheet  
     
 
North.xls
 
     
 
South.xls