Management Accounting

Semester and Year Offered: Trimester II- October, 2018 to December, 2018

Course Coordinator and Team: Kanwal Anil

Email of course coordinator: Kanwal@aud.ac.in

Pre-requisites: Nil

Aim Management Accounting is an information and decision support system that facilitates management in its financial decisions, both strategic and operational. Management students need to understand the information required for such decisions and the various tools to analyse the information so as to be able to exercise rational choices and make informed decisions in organizational setting. This core course is a sine qua non for MBA curriculum, a gateway to understanding the financial side of an enterprise.

Course Outcomes:

1. The course aims at facilitating the participants in the field of management in her/his financial decisions, both strategic and operational.
2. Will help the participants understand the information required for such decisions and the various tools to analyse the information so as to be able to exercise rational choices and make informed decisions in organizational setting.
3. This core course is a sine qua non for MBA curriculum, a gateway to understanding the financial side of an enterprise.
4. At the end of the course the participants can understand and appreciate the techniques and methods used to maintain and customise management accounting information as per needs of a decision to be taken.

Brief description of modules/ Main modules:

1. Unit 1: Management Accounting: A Tool for Decision making
2. Unit 2: Cost Behaviour (3 hours)
3. Unit 3: Full Costing and Product Pricing decisions
4. Unit 4: Product Pricing: Extension
5. Unit 5: Activity Based Costing
6. Unit 6: Standard costing and Variance analysis
7. Unit 7: Strategic Planning and Budgeting
8. Unit 8: Using Accounting Information for decision making
9. Unit 9: Transfer Pricing
10. Unit 10: Contemporary developments in Management Accounting

Assessment Details with weights:

• Case Analysis/Assignments 10% (throughout trimester)
• Mid semester 30% (4/5th Week)
• End semester 20% (8th Week)
• Quiz/Group Presentations 20% (throughout trimester)
• Project 20%(throughout trimester)

Reading List

Recommended Text

1. Anthony, Robert N., David Hawkins and Kenneth A merchant, Accounting Text and cases, 12th edition, Tata Mc graw - hill .Reprint 2008 .
2. Additional Reference
3. Anthony, R. N., Hawkins D. and Merchant K. A. (2013) Accounting Text and cases, 13th ed., Tata McGrawHill.
4. Colin, D. (2014) Management and Cost Accounting, 8th ed. Cengage Learning India.
5. Horngren, C. T., Datar S. M., and Rajan M.V. (2014) Cost Accounting, 15th ed., Pearson Education.
6. Jiambalvo, J. (2012), Managerial Accounting, 6th ed. John Wiley & Sons.
7. Kaplan R. S. & Anthony A. A., (1998) Advanced Management Accounting, 3rd ed. Pearson Education.
8. Ronald W. H., Ramesh G., and Jaydev M., (2008) Managerial Accounting, 7th ed., Tata McGraw Hill.