Course Code - COM5CJ302

Course Title - MANAGEMENT ACCOUNTING

Type of Course - Major

Semester -  V

Course Outcomes (CO):

CO1 - Develop a comprehensive

understanding of the principles,

concepts, and techniques of

management accounting

CO2 - Evaluate alternatives and make

recommendations based on

relevant financial information.

CO3 - Use management accounting

information to monitor and

control strategic initiatives.

CO4 - Explore the role of management

accountants in maintaining

integrity and transparency.

Detailed Syllabus:

Module -1 Introduction to Management Accounting 

1 Concept of Management Accounting: Nature, Scope, and

    Functions

2 Financial Statement Analysis: Comparative Statements 

3 Common Size Statements 

4 Trend Analysis and its interpretation

Module - 2 Ratio Analysis 

5 Ratio Analysis: Meaning, Nature, Uses, and Limitations of Ratios 

6 Detailed study of liquidity, profitability, and turnover ratios,

   including industry benchmarks, peer comparisons, and

   implications for operational efficiency

7 Analysis of solvency, leverage, and market test ratios, exploring their significance in assessing long-term financial stability, and

   debt management

8 Construction of Financial Statements from Ratios, Judgment of

    Financial Stability through Ratios

Module - 3 Fund Flow and Cash Flow Analysis

9   Concept of Fund Flow Statement: Concept of Fund, Need, and

     Managerial Uses

10 Schedule of Changes in Working Capital, Fund from Operations 3

11 Preparation of Fund Flow Statements 3

12 Concept of Cash Flow Statement, Uses, Difference between

     Fund Flow and Cash Flow Statements, Preparation of CFS

Module - 4 CVP Analysis 

13 Concept of Marginal Costing, Fixed and Variable Costs, CVP

      Analysis

14 Contribution, P/V Ratio 

15 Break Even Analysis- Margin of Safety 

16 Construction of Break Even chart 

17 Decision Making: Fixation of Selling Price, Exploring New

     Markets, Make or Buy, Key Factor, Product Mix, Operate or

     Shutdown

Module - 5 Open Ended Module: Practical Exercise

 Recommended to conduct the following:

1.Seminar / Group discussions / Assignments on practical problems

   Relating to the first four modules of the course.

2.Course Project

2.1 Assign a project involving the analysis of cost-volume-profit relationships

2.2 Assign projects where students compare the financial ratios of companies

      within the same industry and prepare report about it.

3.Conduct ratio analysis using excel software

4.Present students with business cases that require them to apply management

   accounting techniques to solve specific challenges and encourage students to

   work collaboratively to analyze the problems, develop solutions, and

   communicate their findings effectively.

   Example:

   Assign a case where students need to estimate costs and use CVP analysis to

   make strategic decisions and explore scenarios like pricing, Product mix, or discontinuing a product line.