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    Accounting For Decisions Making

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    prakashputtu
    This document outlines the units and objectives of a course on accounting for decision making. The objective is to acquaint students with accounting concepts, tools, and techniques for managerial decisions. The goals are to gather more ideas on decision making accounting to help with important managerial decisions. The five units cover topics like standard costing and variance analysis, marginal costing and break even analysis, accounting for price level changes, and budgetary control.

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    Accounting For Decisions Making

    Uploaded by

    prakashputtu
    11 views2 pages
    This document outlines the units and objectives of a course on accounting for decision making. The objective is to acquaint students with accounting concepts, tools, and techniques for managerial decisions. The goals are to gather more ideas on decision making accounting to help with important managerial decisions. The five units cover topics like standard costing and variance analysis, marginal costing and break even analysis, accounting for price level changes, and budgetary control.

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    Accounting for Decisions Making

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    This document outlines the units and objectives of a course on accounting for decision making. The objective is to acquaint students with accounting concepts, tools, and techniques for managerial decisions. The goals are to gather more ideas on decision making accounting to help with important managerial decisions. The five units cover topics like standard costing and variance analysis, marginal costing and break even analysis, accounting for price level changes, and budgetary control.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    11 views2 pages

    Accounting For Decisions Making

    Uploaded by

    prakashputtu
    This document outlines the units and objectives of a course on accounting for decision making. The objective is to acquaint students with accounting concepts, tools, and techniques for managerial decisions. The goals are to gather more ideas on decision making accounting to help with important managerial decisions. The five units cover topics like standard costing and variance analysis, marginal costing and break even analysis, accounting for price level changes, and budgetary control.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    ACCOUNTING FOR DECISIONS MAKING

    Objectives
    The objective of this course is to acquaint students with the accounting concepts, tools and
    techniques for managerial decisions.

    Goals
    Students are gathering more ideas regarding Decision making accounting, which is helpful for
    making important decision and managerial level

    Unit I
    Introduction to Management accounting as an area of accounting, Nature, Scope, Limitations
    and Advantage of Management accounting, accounting and Managerial decision, Role of
    Management accountant and Responsibilities.

    Unit II
    Standard costing and variance analysis, Standard costing as a technique of cost control, Variance
    analysis, Material, Labour and Variable overhead, and Practical problems.

    Unit III
    Marginal costing and Break even analysis. Concept of Marginal costing and absorption costing
    and direct costing. Cost volume profit analysis. Break even analysis -Practical problems. Fund
    flow and cash flow as per (AS-3).

    Unit IV
    Accounting for price level changes, Introduction, Effect of Inflation, Overstatement of profit.
    Overstatement of rate of return. .Approaches to Inflation accounting, Partial and complete
    revaluation methods. Current purchasing power method, Conversion factor or Multiplier,
    Restatement of items of financial statements, Purchasing power gain or loss on monetary items,
    and Practical problems.

    Unit V
    Budgetary control, Introduction. Meaning and Definition of Budget, Types of Budget, Fixed and
    Flexible budget, Cash budget. Master Budget and Practical problems.
    Reference Books:

    1 . Advanced Management accounting. Himalaya publication house by J. Madegowda.


    2. Cost and Management accounting. Himalaya publication house by Dr. Prashanta Athma.
    3. Accounting for Management, Himalaya publication house by Dr, Juwaharlal.
    4. Principle of Management accounting by Manmohan and Goyal.
    5. Management accounting, Chinmay prakashan. Aurangabad by Prof. S. S.Agrawal.

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