Course11010712760 lectures
Management Accounting
Prof. Anil K. Sharma · IIT Roorkee
About
Management accounting is a subject of recent origin which has facilitated the managerial decision making more effectively and efficiently. The tools & techniques of management accounting are very useful for strategic managerial decisions facilitating cost control, profit maximization, organizational planning and control. Innovative costing techniques like ABC and responsibility accounting help the business organizations to sustain in a competitive global scenario and expand their product lines and markets. Management control systems help the businesses to use their scarce resources efficiently and effectively and contribute in the maximization of the firm value
Intended audience: M.Com, MBA, MFC, CA, ICWA, CS, Working professionals in the area of finance.
Lectures
Week 1
- An Introduction-I
- An Introduction-II
- Branches of Accounting & Cost Sheet
- Statement of Cost- An introduction
- Fundamentals of Management Accounting-I
Week 2
- Fundamentals of Management Accounting-II
- Cost Sheet- Role & Relevance in Management Decision Making-I
- Cost Sheet- Role & Relevance in Management Decision Making-II
- Preparation & Analysis of Cost Sheet-I
- Preparation & Analysis of Cost Sheet-II
Week 3
- Preparation & Analysis of Cost Sheet-III
- Budget and Budgetary Control-I
- Budget and Budgetary Control-II
- Preparation of Budgets
- Preparation of Master Budget
Week 4
Week 5
- Master Budget- A Mini Case-I
- Master Budget- A Mini Case-II
- Master Budget- A Mini Case-III
- Flexible Budget & Variance Analysis- I
- Flexible Budget & Variance Analysis- II
Week 6
- Flexible Budget & Variance Analysis- III
- Flexible Budget – A Mini Case- I
- Flexible Budget – A Mini Case- II
- Standard Costing & Variance Analysis
- Pre- Requisites to Standard Costing
Week 7
- Variance Analysis
- Material Variances- I
- Material Variances- II
- Material Variances- III
- Material Variances- IV
Week 8
- Material Variances- V
- Labor Variances- I
- Labor Variances- II
- Labor Variances- III
- Labor Variances- IV
Week 9
- Labor Variances- V
- Overhead Variances
- Marginal Costing- I
- Marginal Costing- II
- Marginal Costing- III
Week 10
- Tools of Marginal Costing
- CVP Analysis
- Applications of Marginal Costing- I
- Applications of Marginal Costing- II
- Applications of Marginal Costing- III
Week 11
- Activity Based Costing- An Introduction
- Cost Management System & Activity Based Costing- I
- Cost Management System & Activity Based Costing- II
- Designing of ABC System
- Applications of ABC- I
Week 12
Syllabus and materials
At NPTEL, as the course publishes them.
Credits and licence
- Institution
- IIT Roorkee
- Department
- Management
- Teacher
- Prof. Anil K. Sharma
- Level
- Undergraduate
- Language
- English
- Subjects
- Business and management
- Source
- NPTEL
- Licence
- CC BY-NC-SA, as NPTEL states it. Non-commercial use only. NPTEL's terms
- Attribution
- NPTEL states: "Distributed under Creative Commons Attribution-ShareAlike / CC BY - NC - SA", beside a BY-NC-SA badge.
- Who can watch
- NPTEL gives no rating. Invisible Network shows it to Tweens profiles and older, judged from what the source says about it. How courses are placed