Management Accounting
5.0 /5- Offered byNPTEL
Management Accounting at NPTEL Overview
Duration | 12 weeks |
Mode of learning | Online |
Credential | Certificate |
Management Accounting at NPTEL Highlights
- Earn a certificate of completion
Management Accounting at NPTEL Course details
- M.Com, MBA, MFC, CA, ICWA, CS, Working professionals in the area of finance
- The tools & techniques of management accounting are very useful for strategic managerial decisions facilitating cost control, profit maximization, organizational planning and control. Innovative costing techniques like ABC and responsibility accounting help the business organizations to sustain in a competitive global scenario and expand their product lines and markets
Management Accounting at NPTEL Curriculum
Management accounting-relevance and rationale, Major differences between Management Accounting,Financial Accounting & Cost Accounting, Historical development of Management Accounting as subject of academic interest, Uses & Applications of Management Accounting in managerial decision making, Cost sheet or statement of cost - Concept & rationale
Preparation of cost sheet, Treatment of stock in cost sheet, Budgeting as tool of Management Accounting -Uses & applications, Different types of Budget - Master budget, Flexible budget & cash budget
Master Budget - Methods of preparing master budget, Case studies
Variance analysis - Analysis of Material, labor & overhead variances
Applications of marginal costing in management decision making
ABC in Manufacturing industry and service industry
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