ACF1607 : Managerial Accounting

Transcription

1 Semester II ACF1607 : Managerial Accounting HOURS 60 OBJECTIVES: To develop the expert knowledge of Management Accounting To enable for decision making under various Business situations Introduction to Management Accounting Concept, Functions and Significance of Management Accounting in Business Decisions, Role of Management Accountant Comparison of Managerial Accounting with Financial Accounting and Cost Accounting Marginal Costing Basic Concepts Marginal Costing and Absorption Costing Break-Even Analysis, Cost Volume Profit Analysis and Managerial Decision Making Concept, Significance, Uses and Limitations, Application in Decision Making Short run Decision Making Under Risk and Uncertainty Standard costing Concept, Uses and Advantages of Standard Costing System Variance Analysis Management Information System (MIS) Introduction - Evolution of MIS and Accounting Information System Need and Significance of MIS Objectives and Characteristics of MIS MIS Reports and Presentation Management Control System Uniform Costing and Inter Firm Comparison Product Pricing and Cost Management Factors Influencing Pricing Decision, Methods of Pricing V Transfer Pricing Responsibility Accounting Performance Evaluation Measures Risk and Uncertainty Methods of Teaching: Classroom teaching through Lecture Method/ Case Study/ Application of Tools 1. Advanced Cost and Management Accounting By Ravi M. Kishore (Taxmann) 2. Cost Accounting: A Management Emphasis by C. T. Horngren, (Tata Mc Graw Hill Publishing Co.) 3. Cost Accounting : A Managerial Emphasis by Horngren, Datar and Foster (Perason Education) 4. Cost and Management Accounting By S. P Jain & K.L Narang, (Kalyani Publishers) 5. Cost and Management Accounting By V. K Saxena & C. D Vashist, (Sultan Chand & Sons) 6. Management Accounting By Atkinson, Banker, Kaplan & Young, (Pearson Education Asia) 7. Management Accounting By I. M Pandey, (Vikas Publishing House) 8. Management Accounting, By M. Y. Khan & P. K Jain, (Tata Mc Graw Hill Publishing Co.) 9. Management and cost Accounting, by Collin Dury (Van Nostrand Reinhold, UK) 10. Managerial Accounting by Jawaharlal (Himalaya Publishing House) 11. Management Control System by Robert N Anthony and Vijay Govindarajan (The mcgrow-hill Companies)

2 ACF1608 : SECURITIES ANALYSIS AND PORTFOLIO MANAGEMENT Semester II HOURS 60 OBJECTIVES: V SAPM seeks to capture the essence of modern development in investment. It also provides guided tool of the so called complex world of investment and seeks to improve your skill in managing investment. Advanced Techniques for Investment appraisal 1. Investment appraisal techniques 2. Allowing for inflation and taxation in investment appraisal 3. Simulation and decision tree analysis, 4. Capital Rationing, Adjusted Net Present Value 5. Specific investment decisions (lease or buy; asset replacement) Business valuation and Corporate restructuring 1. Meaning of mergers and acquisition, categories, Motives, Post merger effects 2. Nature and purpose of the valuation of business and financial assets 3. Models for the valuation of shares 4. The valuation of debt and other financial assets Foreign Exchange Risk management 1. The nature and types of risk and approaches to risk management 2. Causes of exchange rate differences and interest rate fluctuations 3. Hedging techniques for foreign currency risk 4. Raising of capital from international market-adr, GDR & ECB Portfolio Management 1. Portfolio theory; the benefits of diversification, portfolio return and risk, measurement of co-movement in security returns, efficient frontier, optimal portfolio 2. Capital Asset Pricing Model (CAPM) 3. Portfolio management framework; the grand design 1. Investment analysis and portfolio management - Prasanna Chandra (TMH) 2. Investment Management Preeti Singh (Himalaya Pub.) 3. Investment -Bodie, Kane, Marcus and Mohanty (TMH) 4. Financial institutions and markets -L. M. Bhole(TMH) 5. Reference Materials (Modules) Institute of Chartered Accountants of India (ICAI) 15 hrs 15 hrs 15 hrs 15 hrs

3 Semester II BBA1601 : Project Management HOURS 60 OBJECTIVES: To impart learning on developing strategy that leads to enrich understanding on acquiring competitive advantage To provide learning on formulation of project considering the interrelationship among various aspects. To develop thoughts on critical project appraisal through appropriate frame work. To discuss various issues related with project implementation, review control and other administrative aspects Introduction to Project Management Conceptual framework to Project and project Management (Nature, Significance and Scope) Project Planning & Preparation a. Generation of Project Ideas (SWOT Analysis, Sources for project ideas) b. Opportunity Analysis through screening of External Environment. Preliminary Screening of ideas/projects- Project Rating Index Market and Technical Analysis i. Market and Demand Analysis Market Survey (Steps in Market Survey) Understanding characterization of the market Developing marketing strategies Demand forecasting (Concept and Methods) Uncertainties in demand forecasting ii. Technical Analysis Concept and coverage of Technical Analysis Financial Analysis and Appraisal Concept, Need and significance of Financial analysis and Appraisal Components of financial Analysis Basic Techniques for Financial Appraisal: a. Time Values of Money

4 b. Investment Criteria c. Project Cash Flows d. Cost of Capital Project Implementation and Control i. Project Planning: Concept, Objectives, Functions and Scope of Project Planning ii. Pre-requisite for successful project implementation iii. Project Control V Concept and Significance of Project Control Approaches for Project Control: (Variance Analysis Approach, Performance Analysis Approach) Project Control Techniques: Network Analysis [ PERT / CPM] iv. Administrative Review of Project: (Control of in progress projects, post completion audit, Abandonments Analysis) 1. Project Planning Analysis, Selection, financing, Implementation & Review. Sixth Edition- By Prasanna Chandra 2. Project Management By Vasant Desai ( Himalaya Publishing House) 3. Project Management and Control By Sambhu K. Ghosh (New Central Booked Agency) 4. Project Management and Control By P.C.K. Rao (Sultan Chand & Sons) 5. Project Management By Thomas Erickson and P.V. Khatri (Global Academic Publishers) 6. Project Management By De. B. Narayan (A.P.H. Publihing Corporation) 7. Project Management By C.F. Ray and E.e. Larson (Tat McGraw Hill)

5 Semester II BBA1603 : Service Management and Accounting HOURS 60 OBJECTIVES: The course builds on conceptual frameworks and cases from a wide range of service operations, selected from health care, hospitality, retailing, food service, financial services, government services, and others. Service Sector: Introduction and Concept, Role of Service Sector in Indian Context, Manufacturing Vs. Service Management of Services: Concept, Meaning, Definitions, Characteristics, Various types of Services- Health Care, Hospitality, Non-Government Organization. Marketing Mix of Services: The 7 Ps Model, Product, Pricing, Promotion, Place, People, Process, Physical Evidence, Quality Standards. Bench Marks, Implementing and Monitoring of Service. Accounting for Tourism and Hospitality Services: Various terms and transactions Visitors Guest Ledger- Occupancy Rate, Accounting System-Preparation of Financial Statements and their analysis- Relevant Cost concepts and cost management Accounting for Healthcare Services: Various terms and transactions- Accounting System- Preparation of Financial Statements and their analysis-relevant Cost Concepts Accounting for Non-Government Organization: Meaning and definition of NGO Formation and classification of NGO- Importance of Accounting Objectives of NGO accounting- Types of books and records maintained by NGO- Accounting Standards applicable to NGO Taxation related issues Accounting for Real Estate Developers: Peculiar terms and transactions- Accounting System- Preparation of Financial Statements and their analysis-implications of Service Tax V Modes of Transaction: Accounting for Stock Brokers: Meaning and definition- SEBI (Stock broker and Sub brokers) Regulations, Registration Maintenance of proper books of accounts, records and documents. Accounting for Mutual Fund: Meaning and organization of Mutual Fund Types of Mutual Funds SEBI Regulations- Statutory books and records Preparation of Annual Report, Balance sheet and Revenue Account

6 Classroom teaching including solving of practical problems supplemented by power point presentations Activities: Visit to Stock Exchange and exposure to mock trading session. 2.Visit to NGOs and exposure to their activities, Exposure to Published financial statements of Mutual Fund Companies, Tourism and Hospitality Companies, Heal care Companies 1. Advance Accounting by S.N.Maheswari, Vikas Publications. 2. Advance Accounting by Shukla & Grewal, S.Chand Publications 3. Students Guide to Accounting Standards by CA D.S.Rawat, Taxman Publications 4. Accounting for Hospitality Industries by Anoop Pant 5. A Text Book of Hotel Accounting by ShyamlalArora, Vedmas Publications 6. Hotel Accounting by Metti M.C., Anmol Publications 7. Financial Management for Hospital Administration by G.R.Kulkarni,P.Satyashankar, Jaypee Publications 8. A Handbook for Accounting for Hospital Management by D.K.Chatterji, Himalaya Publishers. 9. NGO Accounting and Regulation- Account Aid Team (2002),Account Aid Publication, New Delhi. 10..Financial Accountability of NGOs- Account Aid Team (2006),Account Aid Publication, New Delhi. 11 Services Marketing by Love Lock, Wirtz, chaterjee (2011) Pearson 7 th Edition 12. Services Marketing by Clow, Kurtz (2006), Biz Tantra

7 BBA1604 : Indian Literature with Management Perspective Semester I HOURS 60 OBJECTIVES: Note: Students are expected to understand, relate and justify various historical incidences, ancient characters, stories under the shadow of Management Perspective. Content and Coverage: (The list given is suggestive and not exhaustive) V Role of Literature (Rational & Relevance) 2. Leadership Qualities and decision making skills (advisory and decision making role of Lord Krishna with the help of illustrative stories drawn from great epic Mahabharat). 3. Character Sketch an Organizing Skills of Lord Rama 4. Resolving of complicated issues through Decision Making Birbal 1. Role of students/educational institution in social transformation 2. Work commitment, involvement and organizing skill of Hunumanji (Great virtues / qualities of Hanumanji as a Sewak (From Employees Perspective) like devotion, sacrifice, courage, intelligence, loyalty and its requirement for building efficient organization). 3. Implication on administrative practices from learning of Bhagvat Gita (discussion related with administrative practices with wisdom, truth, transparency, fairness and justice) 1. Leadership Qualities and Social transformation. by Dr. B.R. Ambedkar 2. Character Sketch of Gandhiji and Sardar Patel, for social awareness, sentiments and Emotion for social reforms 3. Character Sketch of Bharat as a moral character of Ramayana and learning applications on use of authority, power and building good civilized practices in the kingdom (organization). 1. Administrative lacunar and its damaging consequences from a character of Dhritrashtra, Shakuni and Dhryodhan with illustrative stories of great epic of Mahabharata. 2. A principal of good workmanship / loyalty / commitment and sacrifice by analyzing character and role of Karna. 3. Transformation of purpose in to mission objectives and strategies thought approach adopted by Gandhiji, Ambedkar and Sardar Patel.

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