1st Trimester FINANCIAL ACCOUNTING FOR MANAGERIAL APPLICATION

Unit-1 Introduction to Financial Accounting (8 hours) Accounting: language of business: an information system, Branches of Accounting, Accounting cycles, GAAP, Users of Accounting information, IFRS. The Double Entry System: Trial Balance, capital and revenue transactions. Final Accounts: (8 hours) Financial Statements: Understanding the fiancial statements, Inventory valuation (As-2), Depreciation (As-6) Corporate Accounting (5 hours) Company: Income statement and Balance sheet, Cash Flow statement (As-

Unit-2:

Unit-3: 3), Unit-4:

Financial Statement Analysis and Corporate Reporting: (9 hours) Financial Statement Analysis: Objectives of financial statement stanalysis, analysis and interpretation, methods of financial statement analysis, Ratio Analysis: Financial ratios, Types of financial ratios, Annual reports of accompany and its analysis