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CSMA EM-14
Executive One-Year MBA (Full-time) 2014-15
COSTING and STRATEGIC MANAGEMENT ACCOUNTING
Faculty Advisor: D.V. Ramana
Room No. 225
Email:
ramana@ximb.ac.in
Course Objective:
The main objective of this course is to examine the link between accounting and strategic analysis. The course examines the limitations of the current cost accounting systems and GAAP driven accounting and familiarizes students with the concepts and tools to address those limitations.
Course Material
Cases and readings make the course material along the reference book on Advanced Management Accounting by Robert Kaplan.
Course Page: To be created at the beginning of the term
Course Content:
1. Managerial Decisions and Accounting
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Managerial Decisions and Financial Accounting
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Managerial Decisions and Management Accounting
2. Cost Concept and Cost Determination
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Cost, Classification of cost, Costing methods and techniques
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Overhead Accounting
3. Cost Management
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Volume based cost management and Strategic Cost Management
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Case Analysis
4. Activity Based Costing
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Activity Based Management
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Case Analysis
5. Variance Analysis
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Material and Labour Cost Variances
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Overhead Variance
6. Performance Measurement and Management
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Performance measures: GAAP vs Non GAAP
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Economic value added Vs. ROI
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Cash flows and other accounting indicators
o
Cash from operations
o
Free cash flows
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Composite Performance Index (as used by central level PSUs)
7. Responsibility Accounting
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Decentralisation
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Transfer Pricing
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Segmental Reporting
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Case Analysis
8. Transfer Pricing Regulation:
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Transfer pricing regulation in India
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Mechanism and Implications
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Case Analysis
9. Managerial Remuneration
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Accounting based remuneration
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Market- based remuneration(ESOP)
Course Evaluation
Student evaluation will be done on the basis of the following :
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Quiz: 20%
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End term examination: 40%
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Case Analysis: 15%
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Assignment: 25%
Additional Readings
:
1. Shank john k, govindarajan vijay, strategic cost management:a new tool for competitive advantage, lexington, new york
*
.
[658.1511(SHA)]
2. Kaplan robert s, advanced management accounting,prentice hall, new jersey
* [658.1511(KAP)]
3. Kaplan robert s & cooper robin, cost & effect: using integrated....,harvard business school press, boston,
*[658.1511(KAP)]
4. Kaplan robert s & norton d p, balanced scorecard: translating strategy into action, harvard business school press,boston.
*658.4012 (KAP)]
5. Johnson gerry, scholes kevan, exploring corporate strategy: text & cases,prentice hall india, new delhi.
* [658.4012 (JOH)]
*Library Call No.
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Created By:
Alora Kar
on
10/17/2014
at
02:00 PM
Category
:
EMBA-14T-III
Doctype
:
Document
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