This document outlines the course objectives and units for MBA 104 - Financial and Management Accounting. The objective is to familiarize students with financial accounting and equip them with tools for business decisions. The course covers fundamentals of accounting, financial statements, cost concepts, accounting for planning and control, and accounting for decision making. Suggested reading materials on accounting and finance topics are also provided.
This document outlines the course objectives and units for MBA 104 - Financial and Management Accounting. The objective is to familiarize students with financial accounting and equip them with tools for business decisions. The course covers fundamentals of accounting, financial statements, cost concepts, accounting for planning and control, and accounting for decision making. Suggested reading materials on accounting and finance topics are also provided.
Original Description:
Financial and management accounting syllabus 1 sem
This document outlines the course objectives and units for MBA 104 - Financial and Management Accounting. The objective is to familiarize students with financial accounting and equip them with tools for business decisions. The course covers fundamentals of accounting, financial statements, cost concepts, accounting for planning and control, and accounting for decision making. Suggested reading materials on accounting and finance topics are also provided.
This document outlines the course objectives and units for MBA 104 - Financial and Management Accounting. The objective is to familiarize students with financial accounting and equip them with tools for business decisions. The course covers fundamentals of accounting, financial statements, cost concepts, accounting for planning and control, and accounting for decision making. Suggested reading materials on accounting and finance topics are also provided.
The objective of this course is to familiarize students with financial accounting
and equip them with the tools and techniques of accounting for business decisions.
UNIT I : FUNDAMENTALS OF ACCOUNTING
● Introduction to Financial & Management Accounting.
● Difference b/w FA and MA ● Accounting Principles and Concepts ● Accounting Process – An Overview, Double entry system ● Accounting Process- Cash System, Accrual System ● Books of Original Record ● Journal Entry
UNIT II : FINANCIAL STATEMENT
Ledger and Trial Balance ● Preparation of Simple Final Accounts ● Final Accounts with Adjustments
UNIT III: COST CONCEPTS
● Basic Concepts ● Classification of Costs ● Elements of Cost and Cost Sheet