Management Accounting

ALAGAPPA UNIVERSITY, KARAIKUDI
DIRECTORATE OF DISTANCE EDUCATION
REGULATIONS AND SYLLABI

PG. PROGRAMMES

|Sl.No. |Course |Page No. |
|1 |M.Com |2-13 |
|2 |M.Com(F&C) |14-24 |
|3 |M.A.(Tamil) |25-32 |
|4 |M.A.(English) |33-41 |
|5 |M.A.(History) |42-54 |
|6 |M.A.(Education) |55-73 |
|7 |M.A.(Sociology) |74-86 |
|8 |M.A.(Personnel Management & Industrial Relations)|87-97 |
|9 |M.A.(Master of Journalism and Mass Communication)|98-108 |
|10 |M.A.(Child Care & Education) |109-120 |
|11 |M.Sc(Mathematics) |121-131 |
|12 |M.Sc(Information Technology) |132-155 |
|13 |M.Sc(Computer Science) |156-172 |
|14 |Master of Library and Information Science (MLIS) |173 -181 |
| |(One year) | |
|15 |M.Sc(Physics) |182 - 202 |
|16 |M.Sc(Chemistry) |203 - 227 |
|17 |M.Sc(Botany with Specialization in Plant |228 - 241 |
| |Bio-Technology) | |
|18 |M.Sc(Zoology) |242 - 262 |
|19 |M.A. (Economics) |263-273 |
|20 |M.Sc.,Psychology |274-297 |
|21. |MCA |298-3326 |
|22. |MSW |327-398 |
Course : M.Com.

Mode : Distance Education

Duration : Two years

Eligibility : Any degree from a recognised University with

Commerce/ Accountancy as a subject
Medium : English and Tamil

COURSE OF STUDY & SCHEME OF EXAMINATIONS

|Subject Code |Title |Marks |
|I YEAR | | |
|1.1 |Management Concepts |100 |
|1.2 |Advanced Accounting |100 |
|1.3 |Business Environment |100 |
|1.4 |Management Accounting |100 |
|1.5 |Financial Services |100 |
|II YEAR | | |
|2.1 |Marketing Management |100 |
|2.2 |Investment Analysis and Portfolio |100 |
| |Management | |
|2.3 |Financial Management |100 |
|2.4 |Advanced Cost Accounting |100 |
|2.5 |Principles of Personnel Management |100 |
| | Total |1000 |






Paper 1.1: MANAGEMENT CONCEPTS


UNIT I

Management: Definition - Nature - Scope and functions - Evolution of
management thought - Relevance of management to different types of
organisation like, Insurance, Hospitals, Universities, Hotels, Social
Service organisations etc.


UNIT II

Planning: Nature, importance and strategic considerations in
planning - Planning premises - Components of planning as objectives,
policies, strategies, procedures, methods, rules, projects and budgets -
Planning process - Decision making - Meaning - Importance - Types -
Process.


UNIT III

Organising: Nature, purpose and kinds of organisation - Structure -
Principles and theories of organisation - Departmentation - Span of control
- Line and staff functions - Authority and responsibility - Centralisation
and decentralisation - Delegation of authority - Committees - Informal
organisation.


UNIT IV

Staffing: General principles and importance - Motivation: Meaning -
Importance - Types - Theories - Communication: Meaning - Types - Process -
Barriers - Overcoming barriers - Leadership: Meaning - Styles - Essential
qualities.


UNIT V

Controlling: Objectives and process of control - Devices of control
- Integrated control - Special control techniques - Coordination - Need and
techniques.


UNIT VI

Recent trends and new perspectives in management - Strategic
alliances - Core competence - Business process reengineering - Total
quality management - Bench marking.


REFERENCE BOOKS :

1. Stoner and Wanker: Management, Prentice Hall.
2. Koontz and O'Donnel: Management: A Systems Approach, Tata McGraw Hill.
3. Weihrich and Koontz: Management: A Global Perspective, McGraw Hill.
4. John Argenti: Management Techniques: A Practical Guide.
5. Gene Burton and Manab Thakur: Management Today: Principles and
Practice, Tata McGraw Hill.
6. Griffin: Management.

Paper 1.2: ADVANCED ACCOUNTING


UNIT I

Accounting Systems: Cash and mercantile systems - Accounting concepts
- Principles - Accounting standards.


UNIT II

Single Entry System: Calculation of profit - Statement of Affairs
method - Conversion of single entry into double entry system - Preparation
of profit and loss account and balance sheet under single entry system.


UNIT III

Partnership Accounts - Admission, retirement and death of partners -
Amalgamation of firms - Dissolution - Piecemeal distribution - Sale to a
company.


UNIT IV

Company Final Accounts - Profit prior to incorporation.


UNIT V

Accounting for company amalgamation - Absorption - External
reconstruction - Capital reduction and internal reconstruction.


UNIT VI

Holding Company Accounts - Computation of capital profit, revenue
profit, minority interest - Cost of control/ capital reserve - Preparation
of consolidated profit and loss account and balance sheet.





REFERENCE BOOKS :

1. Jain and Narang: Advanced Accountancy.
2. Arulanandam and Raman: Financial Accounting.
3. Shukla M C: Advanced Accounting.



Paper 1.3: BUSINESS ENVIRONMENT


UNIT I

Business Environment: Concept - Significance - Factors -
Environmental influence on business - Environmental Scanning for business
planning.


UNIT II

Social and Cultural Environment: Demographic trend - Indian social
structure - Caste and communal systems - Interplay of various systems.


UNIT III

Entrepreneurial Culture: Emerging entrepreneurial class - Ethos:
Business ethics - Meaning - Need - Enforcing agencies - Social
Responsibility: Responsibility towards various interest groups - Social
cost benefit analysis.


UNIT IV

Political Environment: Fundamental rights - Directive principles of
State Policy - Centre-State relations - Impact of political environment on
business - Economic Environment: Basic economic systems - Capitalism,
socialism, communism, mixed economy - Characteristics of Indian economic
system.


UNIT V

State Policies: Monetary policy - Control of money supply and credit
control impact on business - Fiscal Policy - Public debt, budgets, direct
and indirect taxation impact on business - Industrial Policy - New
industrial policy.


UNIT VI

Technological Environment: Choice of technology - Problems in
selecting appropriate technology - Implications to business.


REFERENCE BOOKS :

1. Adhikary: Business Environment.
2. Dutt and Sundaram: Indian Economy.
3. Srinivasan N P and Gupta: Enterepreneurship Development.
4. Cherunilam: Business and Government.
5. Mamoria and Mamoria: Business Planning and Policy.

Paper 1.4: MANAGEMENT ACCOUNTING


UNIT I


Management Accounting: An introduction - Definition - Scope -
Objectives - Functions - Role - Importance - Limitations - Management
accounts Vs Financial accounting and Cost accounting - Installation of
management accounting system - Tools of management accounting - Reporting.


UNIT II


Financial Statement Analysis: Financial Statements - Nature and
limitations of financial statements - Analysis and Interpretation -
Comparative statements - Common size statements - Criticism of published
accounts and cost accounting.


UNIT III


Ratio Analysis: Types - Profitability ratios - Turnover ratios -
Liquidity ratios - Proprietary ratios - Market earnings ratios - Factors
affecting efficiency of ratios - How to make effective use of ratio
analysis - Uses and limitations - Construction of profit and loss account
and balance sheet with ratios and relevant figures.


UNIT IV


Fund Flow, Cash Flow Analysis: Fund Flow: Need and meaning -
Preparation of schedule of change in working capital and the fund flow
statement - Projected fund flow statement - Managerial uses and limitations
of fund flow analysis - Cash Flow: Need - Meaning - Preparation of cash
flow statement - Managerial uses of cash flow statement - Limitations -
Differences between fund flow and cash flow analysis.


UNIT V


Budgeting: Meaning of Budget and Budgetary Control - Importance -
Limitations - Classification of budgets and budgets preparation - Fixed and
flexible budgeting - Performance budgeting - Zero-base budgeting.


UNIT VI


Marginal Costing and Break Even Analysis: Definition - Marginal
costing Vs Absorption costing - Justification for marginal costing -
Marginal cost sheet - Segregat