Centre for Online Education - MCO-05-Accounting for Managerial Decisions

Offered bySwayam

MCO-05-Accounting for Managerial Decisions
at
Swayam
Overview

Equip students with the knowledge and skills to apply accounting information to effectively manage a business

Duration	16 weeks
Start from	Start Now
Mode of learning	Online
Official Website	Go to Website
Credential	Certificate

MCO-05-Accounting for Managerial Decisions
at
Swayam
Highlights

Earn a certificate from IGNOU
Learn from industry experts

MCO-05-Accounting for Managerial Decisions
at
Swayam
Course details

Skills you will learn

Budgeting Accounting Operations Cost Accounting

Who should do this course?

Seeking to improve their financial acumen and apply accounting principles to strategic decision-making
Wanting to gain better control over their financial operations and make informed business decisions

What are the course deliverables?

You'll learn how financial data is used by managers to make informed choices about various aspects of the business
You'll gain the ability to analyze financial ratios and other metrics to evaluate profitability, liquidity, solvency, and overall financial well-being
You'll learn how to leverage financial data to create projections about future performance and set financial plans for the organization
Develop the ability to interpret financial statements and accounting data to assess a company's financial health and performance

More about this course

Finance and accounting have assumed much importance in today’s competitive world of business wherein corporate organisations have to show the true and fair view of their financial position
Thus, the application of accounting in the business sector has become an indispensable factor
Cost and Management Accounting’ is very useful for optimum utilization of existing resources
These are branches of accounting and had been developed due to limitations of financial accounting
The course mainly focuses on Cost Accounting and Management Accounting
Cost Accounting provides the detailed cost information that management needs to control current operations and plan for the future whereas Management Accounting provides key insights that help a company's management team make many of their decisions

MCO-05-Accounting for Managerial Decisions
at
Swayam
Curriculum

WEEK-1

Unit-1: Accounting: An Overview

Unit-2: Accounting: Basic Cost Concepts

WEEK-2

Unit-3: Financial Statements

WEEK-3

Unit-4: Understanding Financial Statements

WEEK-4

Unit-5: Techniques of Financial Analysis

WEEK-5

Unit-6: Statement of Change in Financial Position

WEEK-6

Unit-7: Cash Flow Analysis

WEEK-7

Unit-8: Basic Concepts of Budgeting

WEEK-8

Unit-9: Preparation and Review of Budgets

WEEK-9

Unit-10: Approaches to Budgeting

WEEK-10

Unit-11: Basic Concepts of Standard Costing

WEEK-11

Unit-12: Variance Analysis-I

WEEK-12

Unit-13: Variance Analysis-II

WEEK-13

Unit-14: Responsibility Accounting

WEEK-14

Unit-15: Marginal Costing

WEEK-15

Unit-16: Break Even Analysis

WEEK-16

Unit-17: Relevant Costs for Decision making

WEEK-17

Unit-18: Reporting to Management

WEEK-18

Unit-19: Recent Developments in Accounting

MCO-05-Accounting for Managerial Decisions
at
Swayam
Faculty details

Dr N. Rajendra Prasad

Dr. N. Rajendra Prasad is currently an Assistant Professor in the School of Management Studies in the discipline of Commerce, Indira Gandhi National Open University New Delhi. He has done B. Com from Osmania University. He is a Post Graduate in Commerce and obtained his Ph.D degree from the Department of Commerce, Osmania University. He was a Project Fellow under UGC Major Research Project titled “Financing Cost and Efficient Analysis of Public Hospitals in Andhra Pradesh”. He has also worked as a ICSSR Doctoral Research Fellow. He is a Life Member of Indian Commerce Association and Telangana Commerce Association. Dr. Prasad has a brilliant academic record. He has been a Guest Faculty in various Colleges and academic institutions. His academic, organizing abilities are well known to the students of Osmania University. He has a number of publications in National and International journals of repute. He is a personality deeply committed to the academics. During his Ph.D. tenure, he was considered one of the committed and passionate research scholars of the Department of Commerce, at Osmania University. He has also received many best research paper awards at various conferences. He has published many articles in prominent dailies of the Telangana State on different educational and social issues