tailieunhanh - Ebook Accounting for Managers: Part 1

Ebook Accounting for Managers: Part 1 presents the following content: Basic Accounting Review; Recording of Transactions; Sub-division of Journals; Final Accounts; Basic Cost Concepts; Financial Statements Analysis and Interpretation; .Please refer to the documentation for more details. | Edited by Manpreet Kaur ACCOUNTING FOR MANAGERS Edited By Manpreet Kaur Printed by EXCEL BOOKS PRIVATE LIMITED A-45 Naraina Phase-I New Delhi-110028 for Lovely Professional University Phagwara SYLLABUS Accounting for Managers Objectives To impart knowledge and skills considered essential for managers to operate successfully in the dynamic world. To imbibe the student with fundamental understanding of managerial accounting and how it assists an organization s manage- ment team in the overall management process. S. No. Description 1 Basic Accounting Review Accounting Principles Basic Accounting terms 2 Journalizing Transactions Ledger Posting and Trial Balance 3 Sub-division of Journal Final Accounts 4 Basic Cost Concepts Preparation of Cost Sheet Elements of cost Classification of cost cost ascertainment Financial Statements Analysis and Interpretation Meaning types Ratio Analysis Classification of Ratios 5 Fund Flow Statement Cash Flow Statement 6 Budgetary Control Meaning Limitation Installation Classification. Innovative Budgeting Techniques Programme Budgeting Performance Budgeting Responsibility Accounting Zero Based Budgeting. 7 Standard Costing Meaning Budgetary Control and Standard Costing Estimated costing Standard costing as a management tool Limitations Determination of standard cost Standard Cost sheet. 8 Variance Analysis Cost variance Direct Material Cost Variance Direct Labour Cost Variance Overhead Cost Variance 9 Marginal costing and Profit Planning Absorption Costing Marginal Costing and direct costing Differential costing Cost-volume profit Analysis Break Even Analysis Advantages Limitations Application Costing Technique. 10 Decisions involving alternative choices Concept Steps Determination of sales mix Make or buy decisions Own or Hire Shut down or continue Pricing Decisions Concept Objectives Types Factors affecting pricing of a product Product Pricing Methods Transfer Pricing. CONTENT Unit 1 Basic Accounting Review 1 Gopika Juneja Lovely .