Accounting for Managers

Course objectives

The objective of this course is to familiarize the students with the basic accounting
terms and practices.

Course Outcome

To understand the theories and concepts of accounting.

Session Content/key takeaways Instructional Techniques Recommended
Numbers Reading
1-2 Basic Accounting Terms Lectures & class room A text book of
discussions Accounting for
Managers - S N
Maheshwari
3 Accounting – Definition – Lectures & class room
Functions of Accounting discussions
4 -Users of accounting information Lectures & class room
discussions
5 Financial Accounting,- Cost Lectures & class room
Accounting &Management discussions
Accounting

6 Types of accounts & Accounting Lectures & class room

rule discussions
7 System of Book Keeping – Lectures & Problem
Single Entry - Double entry solving

8 Accounting Equation- Problem Lectures & Problem

solving
9-11 Journal- problem Lectures & Problem
solving
12 Compound Journal Entry – open Lectures & Problem
entry – closing entry solving
13 Leger –posting, difference between Lectures & Problem
journal & ledger solving
14-16 Ledger - problems Lectures & Problem
solving
17-18 Trial Balance Lectures & Problem
solving
19-22 Trading & Profit & Loss account Lectures & Problem
solving