(103)Management Accounting

Unit 1:
Introduction: Accounting for management, Role of cost in decision making,
Management accounting and cost accounting as internal control tools, Types
of cost, cost concept, full costing, overhead allocation and preparation of
cost sheet.

Unit 11:
Managerial costing: Cost, volume, profit analysis. P/V ratio, analysis and
implementation, concept and use of contribution, break even point and its
analysis for the various types of decision making like single product pricing,
multi product pricing, replacement resale etc. Differential costing and
incremental costing concept, uses and applications, method of calculation of
these cost and its role in management decision making like sales,
replacement, buying etc.

Unit iii:
Budgeting: Concept of budgeting; Budgeting and budgeting control, Types
of budget, Static and flexible budgeting, Preparation of cash budget, sales
budget, production budget, materials budget, capital expenditure budget and
master budget, advantage and limitation [of budgetary control, stander
costing: Concept of stander cost, establishing various cost standers,
calculation of material variance, labour variance and overhead variance, and
its application and implementations.

Unit IV:
Responsibility Accounting: Concept and various approached to
responsibility accounting, concept of investment center, cost center, cost
center, profit center and responsibility center and its managerial
implications, transfer pricing, multinational transfer pricing, cost-basted
transfer pricing, cost of quality and time.

Unit V:
Neo concept for decision making: Concept, distinctive feature of activity
based costing, Cost drivers, cost of activities, cost object such as product,
service, customer, Cost management: concept, strategies and applications.
Value Chain analysis, Target Costing, Life cycle costing.
 108: Quantitative Techniques
Unit I:
Measures of central tendency and dispersion: Arithmetic Mean; Geometric
mean; weighted mean; Median; Mode; Range; Standard deviation;
Coefficient of variation.

Unit II:
Integer linear programme: Formulation of computerized solution,
Transportation problems; Problem formulation; method for initial solution;
optimum solution; transshipment problems.

Unit III:
Method of solving and special cases of assignment cases problems,
Regression analysis: Simple and multiple regression and correlation
analysis. Time series analysis: Moving average method and decomposition
method of analyzing time series.

Unit IV:
Definition of probability; Probability rules; Baye’s theorem; Random
variable; Expected value; Binomial, Poisson and normal & Exponential
distributions. Expected profit under uncertainty and managerial analysis;
Decision tree analysis.

Unit V:
Simple random sampling, Stratified random sampling, Systematic sampling,
sampling distribution of mean, introduction of t Chi-square and F
distributions. Point estimators and interval estimators, Concept of testing
hypothesis, test for differences in means and proportions, Chi-square test;
Variance testing for population variance and equality of two variances
 102: Financial Accounting

Unit I:
Over view: Accounting concept, conventions and principles; Accounting
equations, International accounting principles and standards; Matching of
Indian accounting standard with international accounting standard

Unit II:
Mechanics of Accounting: Double entry system of accounting, journalizing
of transactions; preparation of final accounts, P/L accounts, P/L
appropriation account and balance sheet, Policies related with depreciation,
inventory and intangible assets like copy right, trademark, patent and good
will.

Unit III:
Analysis of financial statement; ratio analysis- solvency ratios, profitability
ratios, activity ratios, liquidity ratios, market capitalization ratios common
size statement; comparative balance sheet and trend analysis of
manufacturing, service & braking organizations.

Unit IV:
Funds flow statement: Meaning; Concept of gross and net working capital;
Preparation of schedule of change in working capital; Preparation of fund
flow statement and its analysis.

Unit V:
Cash flow statement: Various cash and on cash transaction, flow of cash,
preparation of cash flow statement and its analysis.
 106: Organizational Behavior

Unit I:
Organization behavior: Concept, nature, characteristic, determinants
and importance, concept of knowledge management

Unit II:
Perception: concept, nature, process, importance, Management and
behavior application of perception, Learning: concept and theories of
learning, Personality: concept, nature, type and theories of personality
shaping, Attitude: concept, process, importance and attitude measurement,

Unit III:
Motivation: Concept, principles, theories contents and process.
Monetary and non-monetary motivations, Leadership: Concept theories of
leadership-trait, styles, functions behavioral and situational.

Unit IV:
Analysis of interpersonal relationship, developing interpersonal
relationship. Life positions, Group Dynamic; Definition of group, Stages of
group development, Group Structure, Group Decision making, Punctuated
equilibrium model.

Unit V:
Organizational power and politics: Concept of power, source of
power, classification of power, contingency approaches to power, political
implications of power, Dynamics of power and politics, Organizational
conflict; Concept, source, types, functionality and disfunctionality of
conflict, Resolution of conflict.
 107: Organizational Structure and Design

Unit I:
Organizational Structure: Classical theories of management: Scientific
theory, Fayol’s 14 principles of management, Webar’s bureaucratic theory;
Definition of organization and organization structure.

Unit II:
Some concept regarding organization structure: Line and staff authority,
Centralization and decentralization, Span of control, Formal and informal
organization, Forms of organization structure and features; Function based,
Product based, Geography based, Project based (matrix)

Unit III:
Organization design: Mechanistic and organic structure, Virtual and network
organization structure, Nature and scope of human resource management,
scope of HRM, HRM function and objectives, HRM model and personnel
function, personnel policies and principles, duties and responsibility of
personnel manager.

Unit IV:
Human Resource Planning: Meaning, definition and importance of HRP, Job
analysis: meaning and definition, process of job analysis, Motivation:
Definition of motivation, importance of motivation, motivation and
behavior, theories of motivation: Maslows need hierarchy, Hertzberg’s two
factor theory, McClelland’s need theory, McGregor’s Theory of X and
theory of Y, Ouchi’s theory Z.

Unit V:
Job evaluation: Job description and job analysis, Training and development;
Nature of training and development, Inputs in training and development, 360
Appraisal, Importance of training and development, Training process,
Training of International assignment.