ACCOUNTING MANAGEMENT (2 SCU)

Learning Outcomes:

On successful completion of this course, students will be able to: identify various costs and their classification; calculate cost of product under job order costing, process costing, variable costing, activity based costing, and variance; analyze the business under cost volume profit analysis, differential analysis and capital budeting for decision making; prepare master budget, flexible budget.

Topics:

1. Managerial Accounting and Cost Concepts;
2. Job Order Costing;
3. Process Costing;
4. Variable Costing;
5. Cost Volume Profit Analysis;
6. Activity Based Costing;
7. Master Budget;
8. Flexible Budget;
9. Standard Costs and Variances;
10. Differential Analysis;
11. Capital Budgeting.