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ADM-V09
(PGCBM 2009-10 : Term-I)

ACCOUNTING FOR DECISION MAKING
(Course Instructors: Prof. D.V. Ramana & Prof. P.K. Mohanty)

COURSE OUTLINE



Program: PGCBM

Objective Of The Course

In this modern world, we can not think of running a business without accounting methodology. We all use accounting information in one form or other in our day to day life. Accounting helps us in understanding the economic performance of the business. Both financial and cost accounting provide data which aid managers in decision-making. The basic purpose of this paper is to familiarize you with the principles and conventions of financial accounting as well as cost concepts and cost accounting principles. After studying this paper, you should be able to read and understand financial statements and apply cost accounting principles for making decisions.


Financial Accounting

Session 1: Accounting environment and forms of organizations:
Introduction, What is Accounting?, Forms of Business Organisation,
Users of Accounting Information, Assumptions underlying preparation of Financial statements,
· R.Narayanaswamy-Ch.1 ; Asish K. Bhattacharyya-Ch.1 page 9-11& Ch.2 page 20-23 .
· Chapter 1: www.accounting-ebook.com
Session 2: Accounting equation and Financial Statements
· R. Narayanaswamy- Ch-1 ,
· Chapter 3: www.accounting-ebook.com Session 3 & 4: Accounting Principles and Financial Statements · R.Narayanaswamy Ch.2
· Chapter 2: www.accounting-ebook.com Session 5: Financing decisions and financial statements
· R.Narayanaswamy- Chapter9 &10, Annual Reports of Companies
· Chapter 8 and Chapter 9: www.accounting-ebook.com
Session 6: Investment decisions and Financial statements (Fixed Assets)
· R.Narayanaswamy Ch.6 & 8
· Chapter 11: www.accounting-ebook.com

Session 7: Investment decisions and Financial statements (Inventory)
· R.Narayanaswamy Ch 7
· Chapter 12: www.accounting-ebook.com

Session 8: Cash Flow statements
· R.Narayanaswamy Ch.12
· Chapter 7: www.accounting-ebook.com

Session 9&10: Financial Statements Analysis · R.Narayanaswamy Ch.11
· Chapter 14-17: www.accounting-ebook.com Session 11: Cost Concepts and Cost sheet
· Horngren, Datar & Foster Ch.1 page 1-9, Ch. 2 page 21-40, Exercises at the end of chapter

Session12&13: CVP Analysis
Readings: Horngren, Datar & Foster Ch.3; Exercises at the end of the chapter


Pedagogy: Lectures, Problem solving exercises, Case Discussions & Assignments


Evaluation:

1. Quiz : 30 marks
2. End-term Exam. 70 marks
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Total 100 marks
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Books for Reference:

1. Financial Accounting – A Managerial Perspective by R. Narayanaswamy
2. Financial Accounting by Ashok Banerjee
3. Financial Accounting for Business Managers by Asish K. Bhattacharya
4. Financial Accounting for Management by Ambrish Gupta
5. Cost Accounting- A Managerial Emphasis by Horngren, Datar and Foster
6. Cost Analysis and Control- A Managerial Emphasis Nigam & Sharma
7. www.accounting-ebook.com, e-book by D.V.Ramana
Created By: Bijoy Kar on 01/16/2009 at 01:24 PM
Category: PGCBM Doctype: Document

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