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Management Accounting Notes Pdf

21.12.2020
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  • Unit 1: Introduction to Accounting Notes There are many definitions of accounting. Some of the most important definitions are given below: 1. As per Robert N. Anthony – “Accounting system is a means of collecting, summarizing, analyzing and reporting, in monetary terms, information about the business”.
  • 1.5.1 Financial accounting 1.5.2 Management accounting 1.5.3 Cost accounting 1.5.4 Distinction between financial and management accounting 1.6 Summary 1.7 Keywords 1.8 Self assessment questions 1.9 References/suggested readings 1.0 OBJECTIVES After going through this lesson, you will be able to.
  1. Management Accounting Notes Pdf
  2. Managerial Accounting Notes Pdf
  3. Sybcom Management Accounting Notes Pdf

Table of Contents

  • 1 Managerial Accounting

Managerial Accounting

Introduction of Management Accounting 2. Introduction of Management Accounting: Basic Financial Accounting 3. Preparation of Final Accounts 4. Ratio Analysis 5. Cash Flow Analysis 6. Fund Flow Analysis 7. Basic Cost Concepts 8. Marginal Costing, Cost volume & Profit Analysis 9. Corporate Governance 10. Budgetary Control 11. Activity Based Costing.

INTRODUCTION 1.1.3 Differences between financial ac-countancy and management ac-counting Management accounting information differs from. View Notes - introduction-to-management-accounting-notes-lecture-notes-lectures-1-10-part-1-compleet.pdf from MANAGEMENT 1112 at Multimedia University, Cyberjaya. LOMoARcPSD 3600749 Introduction To. Financial accounting reports are general-purpose and intended for external users. Managerial accounting reports are special-purpose and issued as frequently as needed. False True True SO 2 Identify the three broad functions of management. Solution on notes page.

Mba management accounting notes pdf

These notes applies to the following Courses as examined by KNEC

Topics covered in this unit/subject are as follows:

Topic 1:Nature and scope of managerial accounting
Topic 2:Decision trees
Topic 3:Cost estimation
Topic 4:Cost volume profit analysis (C-V-P)
Topic 5:Marginal costing
Topic 6: Capital expenditure decisions
Topic 7: Transportation technique
Topic 8:Assignment technique
Topic 9:Queuing theory
Topic 10:Performance evaluation techniques
Topic 11:Budget and Budgetary control
Topic 12:Emerging trends and issues in managerial accounting
Introduction
This module unit is intended to equip the trainee with the necessary knowledge, skills and attitudes that will enable him/her analyze and interpret cost data for the purpose of decision making in an organisation
General Objectives
At the end of this module unit, the trainee should be able to:

  1. Carry out estimating and forecasting costs using various methods
  2. Recognize the role of managerial accounting in decision making
  3. Carry out step-by-step process in solving decision making problems
  4. Carry out performance evaluation for a business
  5. Prepare a budget in a business

Topic 1: Nature and Scope of Managerial Accounting

  • Definition of managerial accounting
  • The role of managerial accounting in production, marketing and finance
  • Differences between managerial accounting and financial accounting

Topic 2: Decision Theory

  • Definition of decision trees
  • The structure of decision trees
  • Use of decision trees


Topic 3: Cost Estimation

  • Definition of cost estimation
  • Cost estimation methods

Topic 4: Cost-Volume-Profit Analysis (C-V-P)

  • Definition of cost volume profit analysis
  • Terms used in cost volume profit (C-V-P)
  • Assumptions of C-V-P
  • Limitations of C-V-P analysis
  • Break Even Point (B-E-P)
  • Calculation of break even point

Management Accounting Notes Pdf

Topic 5: Marginal Costing

  • Definition of marginal costing
  • Key factor
  • Decision-making using marginal costing

Topic 6: Capital Expenditure Decisions

  • Nature of capital expenditure decision
  • Non-discounting cash flow techniques
  • Time value of money concept
  • Discounting cash flow methods
  • Benefits and limitations of each technique


Topic 7: Transportation Techniques

  • Nature of transportation techniques
  • Requirements for application of transportation techniques
  • Transportation techniques

Topic 8: Assignment Techniques

  • Nature of assignment techniques
  • Requirements for application of assignment techniques
  • Assignment techniques for minimizing and maximizing problems

Topic 9: Queuing

  • Definition of a queue
  • Elements of a queue
  • Terms used in queuing theory
  • Application of queuing theory

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Topic 10: Performance Evaluation

Managerial Accounting Notes Pdf

  • Definition of performance evaluation
  • Need for performance evaluation
  • Techniques for performance evaluation

Topic 11: Budgeting and Budgetary Control

  • Definition of budgeting and budgetary control
  • Preparation of functional budgets
  • Preparation of master budget

Topic 12: Emerging Trends and Issues in Managerial Accounting

  • Emerging trends and issues in Managerial Accounting
  • Challenges posed by the Accounting emerging trends and issues in Managerial Accounting
  • Ways of coping with the challenges posed by the emerging trends and issues in Managerial Accounting


Lecture 1: Introduction and Case Discussion (PDF)
Lecture 2: The Nature of Costs (PDF)
Lecture 3: The Economics of Organizations (PDF)
Lecture 4: Performance Measurement (PDF)
Lecture 6: Balanced Scorecard (PDF)
Lecture 7: Budgets and Budgeting (PDF)
Lecture 8: Cost Allocation (PDF)
Lecture 9: Cost Allocation (PDF)
Lecture 10: Absorption Cost Systems (PDF)
Lecture 12: Standard Costs (PDF)

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Sybcom Management Accounting Notes Pdf

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