Advanced Managerial Accounting

📎
Module 1.docx 📎
Module 2.docx📎
Module 3.docx 📎
Module 4.docx

Faculty: Dr. Mohanababu Ch




Finance Elective




Course Name:

Advanced Managerial Accounting




CODE:

CUFM2350
Credits:  3+0+1

Course Objectives:

●
To equip the students with various concepts, tools and techniques
Cost and Management accounting.
●
To provide thorough understanding and techniques of financial
statements analysis.
●
To provide an understanding of methods of cost accounting and its
relevance in management decision making.

Course Outcomes:
On successful completion
of this course, students will be able to:
●
Critically analyze and improve the operations of organisations
through the application of management accounting techniques;
●
Read, interpret and analyze financial statements; combine
financial analysis with other information to assess the financial performance
and position of a company;
●
Interpret and analyze the financial statements by using the
techniques of financial statement analysis for managerial decision-making;
●
Apply relevant costing methods to analyze specific business
issues.
●
Develop (plan and forecast) budgets for difference business.
●

Course Outcome to
Program Outcome Mapping:

COs	PO1	PO2	PO3	PO4	PO5	PO6	PO7	PO8	PO9	PO10	PO11	PO12	PSO1	PSO2	PSO3
CO1	3	3	3			3				3			3	3	3
CO2	3	3	3			3				3			3	3	3
CO3	3	3	3			3				3			3	3	3
CO4	3	3	3			3				3			3	3	3
CO5	3	3	3			3				3			3	3	3

Course Syllabus


Module: I Concept of
Management Accounting

Concept; Tools of
Management Accounting; Difference between Financial Accounting, Cost Accounting
& Management Accounting, and their Scopes; Role of Management Accountant in
Decision Making



Module: II Financial
Performance Analysis

Corporate Financial
Statements: Income Statement and Balance Sheet, concepts of triple balance
sheet and The integrated report framework
Financial Statement
Analysis: Common Size Statements, Comparative Analysis, Trend Analysis,
Financial Ratio Analysis, Inter-firm and intra-firm comparison.



Module: III
Standard Costing and CVP Analysis

Standard Costing and
Variance analysis: Concept of Standard Cost and Standard Costing, Types of
Variance (Material Variance and Labour Variance); Activity Based Costing
CVP Analysis and CVP
Application in decision making;



Module: IV Budgetary
Control

Budget, Budgeting,
Classification of Budget: Cash Budget, Fixed Budget and Flexible Budget,
Zero-Base Budgeting, Responsibility Accounting;

Books Recommended:

1.Horngren, Foster &
Dater - Cost Accounting: A Managerial Emphasis     (Pearson)
2.M.N. Arora – Cost and
Management Accounting Theory and Problems Vikash
3.Khan and Jain-
Management Accounting-TMH



Project Topics




Module I: Concept of Management
Accounting

1. 
   Role of Management Accounting in Strategic
   Decision-Making: A Study of Selected Companies
   
2. 
   Comparative Analysis of Financial
   Accounting, Cost Accounting, and Management Accounting in Business
   Organizations
   
3. 
   Impact of Management Accounting
   Information on Business Performance
   
4. 
   Changing Role of Management Accountants in
   the Digital Business Environment
   
5. 
   Management Accounting Tools and Their
   Application in Small and Medium Enterprises (SMEs)
   

Module II: Financial Performance
Analysis

6. 
   Financial Performance Analysis of a Listed
   Company Using Ratio Analysis
   
7. 
   Comparative Financial Statement Analysis
   of Two Companies in the Same Industry
   
8. 
   Trend Analysis of Financial Performance: A
   Five-Year Study of a Manufacturing Company
   
9. 
   Common-Size Financial Statement Analysis
   as a Tool for Performance Evaluation
   
10. 
    Integrated Reporting Framework and
    Corporate Performance: An Empirical Study
    
11. 
    Triple Balance Sheet Approach and
    Sustainable Business Performance: A Case Study
    

Module III: Standard Costing and CVP
Analysis

12. 
    Application of Standard Costing and
    Variance Analysis in Manufacturing Industries
    
13. 
    Material and Labour Variance Analysis for
    Cost Control: A Case Study
    
14. 
    Activity-Based Costing (ABC) versus
    Traditional Costing: A Comparative Study
    
15. 
    Cost-Volume-Profit (CVP) Analysis in
    Profit Planning and Decision Making
    
16. 
    Break-Even Analysis and Its Role in
    Pricing Decisions: An Industry-Based Study
    

Module IV: Budgetary Control

17. 
    Effectiveness of Budgetary Control Systems
    in Business Organizations
    
18. 
    Flexible Budgeting versus Fixed Budgeting:
    A Comparative Analysis
    
19. 
    Zero-Based Budgeting as a Tool for Cost
    Reduction and Resource Allocation
    
20. 
    Responsibility Accounting and Performance
    Evaluation: A Case Study of a Corporate Organization
    
    Top
    of Form

Bottom of
Form



Session 1



Concept:
Tools of Management Accounting
https://youtu.be/MTXDi0nDeI0?si=Rz3B05_PJl6s6st_

Session 2,
3



Difference
between Financial Accounting, Cost Accounting & Management Accounting

https://youtu.be/Smk4HiPv8ms?si=IMOk7x2qXpoe-nCo





Session 4,5



Scope and  Role of Management Accountant in Decision
Making





https://youtu.be/Cr4ieK6rpNs?si=BYtk_0AitKO4oNPD





Session 6,
7 &8



Corporate
Financial Statements: Income Statement and Balance Sheet





https://youtu.be/e8qbynFb4Zc?si=f62_ePEApUw3WsRy





Session 9



concepts
of triple balance sheet





https://youtu.be/e8qbynFb4Zc?si=um36KY_rVRn2keAe





Session 10



The
integrated report framework

https://youtu.be/fHIxkcTwJdg?si=TbG2rooCVfHpFOoZ





Session 11,12



Financial
Statement Analysis

https://youtu.be/2iG_BIlB0Lo?si=SlD7putuJCCVFXV6





Session 13



Common
Size Statements

https://youtu.be/cIaEioBhCVE?si=hCbT_9CAASv1zNnC





Session 14,15



Comparative
Analysis





https://youtu.be/8rVTd5-fBm0?si=k6UKEfJ-e3bCFmB3





Session 16,17



Trend
Analysis





https://youtu.be/VLHrsLp0Jj8?si=yw2rWMDNgA05_DdS





Session 18,19

Trend
Analysis





https://youtu.be/VLHrsLp0Jj8?si=yw2rWMDNgA05_DdS





Session 20,21



Financial
Ratio Analysis

https://youtu.be/B5HLwsehc-8?si=ByM7zIIVEyRxDWwh





Session 22,
23



Financial
Ratio Analysis

https://youtu.be/B5HLwsehc-8?si=ByM7zIIVEyRxDWwh





Session 24,
25



Financial
Ratio Analysis

https://youtu.be/3kAsxVzRJmI?si=huKuvvNqd8hCH9qh





Session 26,
27



Financial
Ratio Analysis

https://youtu.be/3kAsxVzRJmI?si=huKuvvNqd8hCH9qh





Session 28



Inter-firm
and intra-firm comparison





https://youtu.be/Q3xFfLmR7i0?si=EUBo_2QI4QiSQTHS





https://youtu.be/PmkVI_QwEp0?si=D-IY0hc0XxiFOvq4





Session 29,
30



Inter-firm
and intra-firm comparison





https://www.slideshare.net/slideshow/types-of-financial-analysis/12201139





Session 31



Inter-firm
and intra-firm comparison





https://www.slideshare.net/slideshow/types-of-financial-analysis/12201139





Session 32



Inter-firm
and intra-firm comparison





https://youtu.be/Q3xFfLmR7i0?si=EUBo_2QI4QiSQTHS





https://youtu.be/PmkVI_QwEp0?si=D-IY0hc0XxiFOvq4





Session 33




Standard
cost




https://www.slideshare.net/slideshow/comprehensive-guide-to-standard-costing-and-variance-analysis-in-business/287929978?from_search=2





https://youtu.be/3_AzK7B7kaM?si=eDF1G8pBzXwhh8YJ





Session 34



Concept
of Standard Cost and Standard Costing





https://youtu.be/e0MrSNGMoeI?si=KJc6tQhweWMfSsTP





Session 35



Concept
of Standard Cost and Standard Costing





https://www.slideshare.net/slideshow/chapter-08-standard-costing/115571149?from_search=0





Session 36



Types
of Variance





https://www.slideshare.net/slideshow/analysis-of-variance-meaning-and-types/239366774?from_search=1





https://youtu.be/SMTa1lZu7Qw?si=_jPyo2cf4JjvU5OP





Session 37



Material
Variance

https://youtu.be/oapzDFZjfJo?si=rbCvyX-gYMAhZXvj





https://www.slideshare.net/slideshow/standard-costing-and-variance-analysis-232334276/232334276?from_search=0





Session  38



Labour
Variance

https://www.slideshare.net/slideshow/standard-costing-and-variance-analysis-232334276/232334276?from_search=0





https://www.slideshare.net/slideshow/labour-variance-analysis/236250137?from_search=0





https://youtu.be/P80mMb_RJ4E?si=GFiuJaJmyngot737





Session 39




Activity
Based Costing




https://www.slideshare.net/slideshow/activity-based-costing-5043427/5043427?from_search=0





https://youtu.be/ivlI0HvUPQo?si=8tCJuZ7PsI2P9-sO





Session 40




CVP
Analysis




https://youtu.be/tuKLU6aQnJg?si=2lWa5LMOt2j86fa3





https://www.slideshare.net/slideshow/cvp-analysis-236971594/236971594?from_search=0





Session 41



CVP
Application in decision making

https://www.slideshare.net/slideshow/costvolumeprofit-analysis-as-a-management-tool-for-decision-making-in-small-business-enterprise-within-bayero-university-kano/77696458?from_search=0





https://youtu.be/ECmBYR8GmHA?si=VnbueaVhfY9HDZdY





Session 42



CVP
Application in decision making

https://youtu.be/thwBRR-Dje8?si=SZf8kLixjnBct31f





https://www.slideshare.net/slideshow/marginal-costing-11752369/11752369?from_search=11





Session 43



Budget,
Budgeting

https://www.youtube.com/watch?v=pYSgMGoK_Jo&list=PLiaygP8qeQGV_Zx6Pc68CSYBTLYkHfwYJ





https://www.slideshare.net/slideshow/budget-budgeting-budgetary-control-38934183/38934183?from_search=0





Session 44




Budget
Classification




https://www.slideshare.net/slideshow/budget-classification/33932665?from_search=1





https://youtu.be/sjytCzVr1-8?si=9dT4p-tfWHQxh_Ab





Session 45,46



Cash
Budget

https://youtu.be/KyzTDcmxh64?si=NGNWp2u-L6nltzjA





http://slideshare.net/slideshow/cash-budget-51972142/51972142?from_search=0





Session 47



Fixed
Budget

https://www.slideshare.net/slideshow/agile-and-fixed-budget-projects/47904680?from_search=2





https://youtu.be/TASY7EpM4uw?si=4GURkd9fPd5Vyeem





Session 48,49



Flexible
Budget





https://youtu.be/AbOdkZxiUX8?si=8YzxqUSJlVQwdnS2





https://www.slideshare.net/slideshow/introduction-flexible-budget-practical-pptx/283537376?from_search=5





Session 50



Zero-Base
Budgeting





https://www.slideshare.net/slideshow/zero-base-budgeting-70028282/70028282?from_search=0





Session 51



Zero-Base
Budgeting

https://www.slideshare.net/slideshow/zero-base-budgeting-41739484/41739484?from_search=2





https://youtu.be/VU5MtqCMbVo?si=9lQiG9V9KOweYm1N





Session 52



Responsibility
Accounting

https://youtu.be/nBDVPp1fP6w?si=qJQ1YBGZ4WlaawfZ


https://www.slideshare.net/slideshow/responsibility-accounting-61440644/61440644?from_search=2


Session 53



Responsibility
Accounting

https://www.slideshare.net/slideshow/responsibility-accounting-196759634/196759634?from_search=3





https://youtu.be/Mc9ru4gJ1ME?si=9LcPViqxwpzS_leJ





Session 54




Case
Study




https://www.francis-press.com/uploads/papers/SIZeoXDnOAun4c6akpe3ulWOme95UPy7dNL1OpSh.pdf





Session 55




Case
Study




https://www.academia.edu/9428399/The_Standard_Costing_System_At_SKF_A_Case_Study_Of_A_Swedish_Manufacturing_Company





Session 56




Case
study




https://corporatefinanceinstitute.com/resources/accounting/financial-statements-example-amazon-case-study/





Session 57,




Case
study




http://aiub.edu/Files/Uploads/fba-old/case-study/ACC110020.pdf