UNIT-I
Meaning –objectives–nature and scope of management accounting –Management Accountant
Position-Role and Responsibilities. Relationship between financial accounting, cost
accounting and management accounting.
UNIT-II
Nature of Financial Statements.Concept of financial analysis – tools of financial analysis –
problems on comparative statements – common size statements – trend analysis . Role of
Accountant towards preparations and analysis of financial statements.EBIT-EPS Analysis.
UNIT-III
Meaning – importance – utility of ratios – classification of ratios – calculation and
interpretation of ratios – preparation of income statement and Balance Sheet with ratios.
Managements Audit : Concept, Scope and Object of Management Audit.
UNIT-IV
Meaning – concept of fund and funds flow statement(FFS) – uses and significance of funds
flow statement – procedure for preparing FFS – Schedule of changes in working capitalstatement
of sources and application of funds - Cash Flow analysis – meaning and concept –
comparison between Funds Flow and Cash Flow statements – uses and significance of CFSpreparation
of Cash Flow Statement as per Accounting Standards. Methods of Management
reporting –requirements of a good report – kinds of reports – principles of good reporting
system – drafting of reports under different situations