B.B.M Mangalore University-COST AND MANAGEMENT ACCOUNTING

BM-353: COST AND MANAGEMENT ACCOUNTING
Objective: To expose the students to the cost & management accounting methods and techniques used in practice.
UNIT - I
Methods of costing: Unit. Job. Batch and operating (Transport operation only) costing
12 hrs.
UNIT II
Contract Costing and process costing (Treatment of Normal loss. Abnormal loss.
Abnormal gain and inter-process transfer at profit 12 hrs.
UNIT III
Management Accounting: The concept of Management Accounting. objectives & functions. Financial V s. Management Accounting. Management Accounting as an information system.
Techniques of Cost Analysis and Control: Marginal Costing-Basic concepts. C-V-P analysis. Break-even analysis and BE charts 12 hrs.
UNIT IV
Budgets and Budgetary Control: Objectives-Functional budgets-Fixed and flexible budgets. zero-base budgeting; Reconciliation of Finance Accounting and Management Accounting. Uniform and interfirm comparison 12 hrs.
UN
IT V
St
andard Costing: Concepts and uses - Analysis of variances - Material. Labour and overhead variances (no sales variances) 12 hrs.
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Total 60 hrs.
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BOOKS FOR STUDY:
1. Prasad N.K. - Principles and Practice of Cost Accounting
2. lawaharlal - Principles of Cost Accounting
3. Jain and Narang - Principles of Cost Accountancy
4. Gaur and Narang - Principles of Cost Accountancy
5. Bhar RK. Principles of Cost Accountancy
6. Babathosh Banerjee - Principles of Cost Accountancy
7. Kulshrestha K. Narendra _ Theory and Practice of Management Accounting
8. Man Mohan and Goel: Management Accounting.
BOOKS FOR REFERENCE:
1. Ray Chakravarthy - Principles of Cost Accountancy
2. Agarwal - Principles of Cost Accountancy S.P.Iyengar - Principles of Cost Accountancy Ratnam - Cost and Management Accounting
Cost Accounting - Charles T.Homgran