[B]	Course Inputs:-

[1]	Management Accounting

	(i)	Meaning, nature, scope and functions of management accounting.
	(ii)	Roll of management accounting in decision making.
	(iii)	Management Accounting,  Cost Accounting and Financial Accounting
	(iv)	Tools and Techniques of Management Accounting.
	(v)	Responsibility  Accounting  and  Divisional   Performance  Management (Only Concepts)
		a.	Meaning of responsibility accounting
		b.	Need for divisionalisation
		c.	Types of responsibility centers (Cost, Revenue, Profit & Investment)

[2]	Financial Statement Analysis
	(i)	Meaning and type of Financial Statements
	(ii)	Limitations of Financial Statements
	(iii)	Objectives and methods of financial statement analysis
	(iv)	Ratio analysis, classification of ratios
	(v)	Advantages and limitations of ratio analysis

	Excludes topics: Financial Statements from Ratios

[3]	Fund flow statement & Cash flow statement as per AS-3
	(Simple problems from given Balance sheets and other details)

[4]	Marginal Costing
        (i)	Meaning of marginal costing
        (ii)	Application and limitation of Marginal costing
        (iii)	CPV analysis
      	(iv)	Limitations of CPV analysis
        (v)	Marginal costing as tool of decision making.

            (Simple example on make or buy and change of product mix should be taught to clear the application part of marginal costing.)

[5]	Budgeting
	(i)	Meaning of Budget and Budgetary Control
	(ii)	Merits and limitations
	(iii)	Budgeting process
	(iv)	Elements of a successful fudgeting plan
	(v)	Types of Budget
	(vi)	Flexible budget and Cash budget (including examples)
	(vii)	Concept of Zero base budgeting

[6]	Standard Costing
	(i)	Meaning of Standard Cost and Standard Costing
	(ii)	Developing or setting standards & revision of standards.
	(iii)	How tight should standard be.
	(iv)	Advantages, limitations and application of Standard costing.
	(v)	Variance Analysis
		a.  Material Cost Variance
		b.  Material Price Variance
		c.  Material Usage Variance
		d.  Material Mix Variance
		e.  Labour Cost Variance
		f.  Labour Rate Variance
		g.  Labour Efficiency Variance
		h.  Labour Mix Variance

[C]	Reference books:-
	

	Gupta R L & Radhaswamy : Financial Accounting : S.Chand
	Ravi M Kishor : Cost Accounting : TMH
	Jawahar Lal : Cost Accounting : TMH
	Khan M.Y. and Jain P.K. : Management Accounting : TMH
	Jain S.P. and Narang K.L. : Cost Accounting : Kalyani

[D]	Structure of  Question Paper ( Total Marks : 70 ):-