ACCOUNTING AND FINANCIAL MANAGEMENT

MC9215          ACCOUNTING AND FINANCIAL MANAGEMENT         

 T P C

3 1 0 4

UNIT I            FINANCIAL ACCOUNTING                                                                      9      

      Meaning and Scope of Accounting-Principles-Concepts-Conventions-Accounting Standards-Final Accounts-Trail Balance-Trading Account-Profit and Loss Account-Balance Sheet-Accounting Ratio Analysis-Funds Flow Analysis-Cash Flow Analysis

                                                                                                                             

UNIT II            ACCOUNTING                                                                                         9 

        Meaning-Objectives-Elements of Cost-Cost Sheet-Marginal Costing and Cost Volume Profit Analysis-Break Even Analysis-Applications-Limitations-Standard Costing and Variance Analysis-Material-Labor-Overhead-Sales-Profit Variances                                                                                                                                           

UNIT III  BUDGETS AND BUDGETING CONTROL                                                   9                         

Budgets and Budgetary Control-Meaning-Types-Sales Budget-Production Budget-Cost of Production Budget-Flexible Budgeting-Cash Budget-Master Budget-Zero Base Budgeting-Computerized Accounting                                                                                                                                                                                                

UNIT IV           INVESTMENT DECISION AND COST OF CAPITAL                            9

Objectives and Functions of Financial Management-Risk-Return Relationship-Time Value of Money Concepts-Capital Budgeting-Methods of Appraisal-Cost of Capital Factors Affecting Cost of Capital-Computation for Each Source of Finance and Weighted Average Cost of Capital                                                                                                                                                                                                              

UNIT V            FINANCING DECISION AND WORKING CAPITAL MANAGEMENT      9

Capital Structure-Factors Affecting Capital Structure-Dividend Policy-Types of Dividend Policy-Concepts of Working Capital-Working Capital Policies-Factors affecting Working Capital-Estimation of Working Capital Requirements                                                                                                                                                

                                                                                                            L  45 T 15 Total: 60

TEXTBOOK

1. S.N.Maheswari, “Financial and Management Accounting”, Sultan Chand & Sons, 2003
2. I.M.Pandey, ”Financial Management”, Vikas Publications, 4^th Reprint, 2002

REFERENCES

1. S.P.Iyengar, “Cost and Management Accounting”, Sultan Chand & Co,
2. I.M.Pandey, “Elements of Management Accounting” Vikas Publishing House, 19993