Lovely Professional University, Punjab

Course Code Course Title Course Planner Lectures Tutorials Practicals Credits
ACC501 ACCOUNTING FOR MANAGERS 16413::Jasneet Kaur 4.0 2.0 0.0 5.0
Course Category Courses with numerical and conceptual focus
TextBooks
Sr No Title Author Edition Year Publisher Name
T-1 Accounting for Managers Dr.S N Maheshwari 3rd 2012 Vikas Publication
Reference Books
Sr No Title Author Edition Year Publisher Name
R-1 Management Accounting Pandey I.M. 10th 2012 Vikas Publication
R-2 Accounting for Management Lal, Jawahar 10th 2012 HIMALAYA PUBLISHING HOUSE
R-3 Accounting for Decision Making Belvered. E. Needles 5th Cengage Learning
R-4 Financial Accounting for Management Gupta, Ambrish 4th 2012 Pearson
R-5 Fundamentals of Cost Accounting Wiiliam N. Lanen,
Shannon W. Anderson,
Michael W. Maher
2nd Tata McGraw Hill
R-6 Introduction to Management
Accounting
Charles T. Horngren 14th 2012 Pearson
R-7 Managerial Accounting James Jiambalvo 4th 2012 Wiley
R-8 Management Accounting Shah Paresh 2nd 2012 Oxford University Press
Other Reading
Sr No Journals articles as Compulsary reading (specific articles, complete reference)
OR-1 "Budget- a perfect management tool? A case study by Astra Zeneca", by School of Business, Economics and Law, University of Gothenburg, URL:
https://gupea.ub.gu.se/bitstream/2077/22617/1/gupea_2077_22617_1.pdf ,
OR-2 "Missouri Solvents: Managing Cash Flow", David A Kunz, Rebecca Summary. Journal of the International Academy for Case Studies. Cullowhee: 2010. Vol. 16,
Iss.4, pg.43, 10 pgs, URL: http://sbaer.uca.edu/research/allied/2008-tunica/09.pdf ,
OR-3 Economic Value Added - A General Perspective by Asish K Bhattacharyya & B.V.Phani, URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=545444 ,
OR-4 http://www.apexcpe.com/publications/171016.pdf ,
OR-5 http://educ.jmu.edu/~drakepp/principles/module2/fin_rat.pdf ,
Relevant Websites
Sr No (Web address) (only if relevant to the course) Salient Features
RW-1 http://ssrn.com/abstract=1361754 Research paper on FSA
RW-2 http://www.accountingformanagement.com/ Contains articles and lessons on management accounting
RW-3 http://www.wisegeek.com/what-is-cost-management.htm Gives articles on cost management
RW-4 http://www.maaw.info/ResponsibilityAccountingConcept.htm This website contains the real time functioning of the responsibility
centers in the organisations
RW-5 www.informationforaccountants.com/Cost_Accounting.html Details of all cost concepts
RW-6 http://www.caclubindia.com/articles/ratio-analysis-15063.asp Details related to Ratio Analysis
Week
Number
Lecture
Number
Broad Topic(Sub Topic) Chapters/Sections
of Text/reference
books
Other Readings,
Relevant
Websites, Audio
Visual Aids,
software and
Virtual Labs
Lecture Description Learning Outcomes Pedagogical Tool
Demonstration/ Case
Study / Images /
animation / ppt etc.
Planned
Week 1 Lecture 1 Introduction to Accounting
(Objectives, Advantages and
Limitations of Accounting)
T-1:Section I- Ch 1 Meaning, objectives,
advantages and
limitations of accounting
Analyze the nature,
functions and limits of
accounting in a global
environment
Discussion through
powerpoint
presentation
Lecture 2 Introduction to Accounting
(Accounting Concepts and
Conventions)
T-1:Section I- Ch 2 Principles of accounting Understand the nature
and purpose of
generally accepted
accounting principles
Example based
discussion
Lecture 3 Introduction to Accounting
(Accounting Terminology)
T-1:Section I- Ch- 2 Different terms used in
accounting
Familiarity with the
different terms used in
accounting
Example based
discussion
Lecture 4 Introduction to Accounting
(Accounting Equation)
T-1:Section I- Ch 2 Elements and preparation
of accounting
Properly record
transactions under the
relevant head by
calculating the amount
of the accounting
impact of a transaction
under accrual
accounting system
Problem Solving
Detailed Plan For Lectures
LTP week distribution: (LTP Weeks)
Weeks before MTE 7
Weeks After MTE 7
Spill Over 4
Week 2 Lecture 5 Introduction to Accounting
(Accounting Equation)
T-1:Section I- Ch 2 Elements and preparation
of accounting
Properly record
transactions under the
relevant head by
calculating the amount
of the accounting
impact of a transaction
under accrual
accounting system
Problem Solving
Lecture 6 Introduction to Accounting(Rules
of Accounting)
T-1:Section I- Ch 4 Debit and credit rules of
different kinds of
accounts
Evaluate the strengths
and weaknesses of
organisational business
process transaction
cycles
Explanation through
examples
Lecture 7 Financial Statements(Introduction
and Importance)
T-1:Section III- Ch 1
R-4:Ch 4
Meaning, importance,
objectives, components
and users of financial
statements
Properly assess
information needs to
make decision
supporting calculations
in relevant topic areas
Discussion through
powerpoint
presentation
Financial Statements(Objectives
and Components)
T-1:Section III- Ch 1
R-4:Ch 4
RW-2 Meaning, importance,
objectives, components
and users of financial
statements
Properly assess
information needs to
make decision
supporting calculations
in relevant topic areas
Discussion through
powerpoint
presentation
Financial Statements(Users of
Financial Statements)
T-1:Section III- Ch 1
R-4:Ch 4
Meaning, importance,
objectives, components
and users of financial
statements
Properly assess
information needs to
make decision
supporting calculations
in relevant topic areas
Discussion through
powerpoint
presentation
Lecture 8 Corporate Balance Sheet and Profit
& Loss Account(Features and
Vertical Format of Corporate
Statements)
R-3:Ch 11
R-4:Ch 11
Features and format of
corporate profit and loss
account and balance
sheet
Identify and construct
financial statements
based on their elements
Discussion on
Corporate Financial
Practices of Nestle
Week 3 Lecture 10 Financial Statement Analysis
(Objectives of Analysis)
R-2:Ch 14
R-4:Ch 18
OR-4
RW-1
Objectives and vested
interests of stakeholders
of financial information
Recognize the
information conveyed
by financial statements
and the way it is used
by investors, creditors,
regulators, and
managers
Case Analysis
Financial Statement Analysis
(Various Stakeholders and their
Interests)
R-2:Ch 14
R-4:Ch 18
OR-4
RW-1
Objectives and vested
interests of stakeholders
of financial information
Recognize the
information conveyed
by financial statements
and the way it is used
by investors, creditors,
regulators, and
managers
Case Analysis
Week 3 Lecture 11 Financial Statement Analysis
(Techniques of Financial
Statement Analysis-Horizontal
Analysis)
T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 18
Concept and numericals
of horizontal analysis
Measure the quality of
financial statements by
investigating
management strategic
accounting choices
Problem Solving and
discussion on annual
report of HUL
Lecture 12 Financial Statement Analysis
(Techniques of Financial
Statement Analysis-Horizontal
Analysis)
T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 18
Concept and numericals
of horizontal analysis
Measure the quality of
financial statements by
investigating
management strategic
accounting choices
Problem Solving and
discussion on annual
report of HUL
Lecture 9 Corporate Balance Sheet and Profit
& Loss Account(Concept and
Significance of Notes to the
Accounts)
R-4:Ch 13 Meaning and
significance of notes to
accounts
Analyze the nature and
significance of financial
reporting in a global
environment
Discussion on
Corporate Financial
Practices of Nestle
Week 4 Lecture 13 Financial Statement Analysis
(Common Size Analysis)
T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 18
L13
Provided for
contingencies
L14
Concept and numericals
of common size analysis
Construct and comment
on the financial position
of companies using
common size analysis
tool
Problem Solving and
discussion on annual
report of Infosys
Lecture 14 Financial Statement Analysis
(Common Size Analysis)
T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 18
L13
Provided for
contingencies
L14
Concept and numericals
of common size analysis
Construct and comment
on the financial position
of companies using
common size analysis
tool
Problem Solving and
discussion on annual
report of Infosys
Lecture 15 Financial Statement Analysis
(Preparation of Financial
Statements Using Excel)
T-1:Section III- Ch 1
R-2:Ch 18
R-4:Ch 14
Numerical of trend
analysis and preparation
of different statements
using excel
Comment on the trend
pattern of different
elements of financial
statements and use of
excel for preparing
financial statements
Problem Solving and
discussion on annual
report of Nestle India
Ltd
Financial Statement Analysis
(Trend Analysis)
T-1:Section III- Ch 1
R-2:Ch 18
R-4:Ch 14
Numerical of trend
analysis and preparation
of different statements
using excel
Comment on the trend
pattern of different
elements of financial
statements and use of
excel for preparing
financial statements
Problem Solving and
discussion on annual
report of Nestle India
Ltd
Lecture 16 Cash Flow Statement(Meaning and
Significance)
T-1:Section III- Ch 3
R-3:Ch 21
R-4:Ch 14
L16
Meaning and
significance of cash flow
statement
L16, L17 and L18
Construction of cash
flow statement
Recognize the
importance of
operating, investing,
and financing activities
reported in the
statement of cash flows
while evaluating the
firm performance and
solvency
Problem Solving
Week 4 Lecture 16 Cash Flow Statement(Construction
of Cash Flow Statement by
Indirect Method using Excel)
T-1:Section III- Ch 3
R-3:Ch 21
R-4:Ch 14
L16
Meaning and
significance of cash flow
statement
L16, L17 and L18
Construction of cash
flow statement
Recognize the
importance of
operating, investing,
and financing activities
reported in the
statement of cash flows
while evaluating the
firm performance and
solvency
Problem Solving
Week 5 Lecture 17 Cash Flow Statement(Construction
of Cash Flow Statement by
Indirect Method using Excel)
T-1:Section III- Ch 3
R-3:Ch 21
R-4:Ch 14
L16
Meaning and
significance of cash flow
statement
L16, L17 and L18
Construction of cash
flow statement
Recognize the
importance of
operating, investing,
and financing activities
reported in the
statement of cash flows
while evaluating the
firm performance and
solvency
Problem Solving
Cash Flow Statement(Meaning and
Significance)
T-1:Section III- Ch 3
R-3:Ch 21
R-4:Ch 14
L16
Meaning and
significance of cash flow
statement
L16, L17 and L18
Construction of cash
flow statement
Recognize the
importance of
operating, investing,
and financing activities
reported in the
statement of cash flows
while evaluating the
firm performance and
solvency
Problem Solving
Lecture 18 Cash Flow Statement(Construction
of Cash Flow Statement by
Indirect Method using Excel)
T-1:Section III- Ch 3
R-3:Ch 21
R-4:Ch 14
L16
Meaning and
significance of cash flow
statement
L16, L17 and L18
Construction of cash
flow statement
Recognize the
importance of
operating, investing,
and financing activities
reported in the
statement of cash flows
while evaluating the
firm performance and
solvency
Problem Solving
Cash Flow Statement(Meaning and
Significance)
T-1:Section III- Ch 3
R-3:Ch 21
R-4:Ch 14
L16
Meaning and
significance of cash flow
statement
L16, L17 and L18
Construction of cash
flow statement
Recognize the
importance of
operating, investing,
and financing activities
reported in the
statement of cash flows
while evaluating the
firm performance and
solvency
Problem Solving
Lecture 19 Cash Flow Statement(Analysis of
Cash Flow Statement)
T-1:Section III- Ch 3
R-3:Ch 21
R-4:Ch 14
OR-2 Analyzing cash flow
statement
Illustrate and comment
on the performance of
companies by
evaluating its cash
position
Case Analysis
Week 5 Lecture 20 Ratio Analysis(Importance and
Objectives)
T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 20
OR-5
RW-6
Importance of ratio
analysis and computation
of liquidity ratios
To be able to compute
and interpret liquidity
ratios
Calculation of ratios
from the annual
statements of Nestle
India Ltd
Ratio Analysis(Liquidity Ratios) T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 20
OR-5
RW-6
Importance of ratio
analysis and computation
of liquidity ratios
To be able to compute
and interpret liquidity
ratios
Calculation of ratios
from the annual
statements of Nestle
India Ltd
Week 6 Lecture 21 Ratio Analysis(Turnover Ratios) T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 20
OR-5
RW-6
Concept and
computation of turnover
ratios
To be able to compute
and interpret efficiency
ratios
Calculation of ratios
from the annual
statements of Nestle
India Ltd
Lecture 22 Homework,Test2
Lecture 23 Ratio Analysis(Profitability Ratios) T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 20
OR-5
RW-6
L23
Concept and
computation of
profitability ratios based
on sales
L24
Concept and
computation of
profitability ratios based
on investment
To be able to compute
and interpret
profitability ratios
Calculation of ratios
from the annual
statements of Nestle
India Ltd
Lecture 24 Ratio Analysis(Profitability Ratios) T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 20
OR-5
RW-6
L23
Concept and
computation of
profitability ratios based
on sales
L24
Concept and
computation of
profitability ratios based
on investment
To be able to compute
and interpret
profitability ratios
Calculation of ratios
from the annual
statements of Nestle
India Ltd
Week 7 Lecture 25 Ratio Analysis(Solvency Ratios) T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 20
OR-5
RW-6
Concept and
computation of solvency
ratios
To be able to compute
and interpret solvency
ratios
Calculation of ratios
from the annual
statements of Nestle
India Ltd
Lecture 26 Ratio Analysis(Leverage Ratios) T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 20
OR-5
RW-6
Concept and
computation of leverage
ratios
To be able to compute
and interpret leverage
ratios
Calculation of ratios
from the annual
statements of Nestle
India Ltd
Ratio Analysis(Industry
Benchmarking of Financial Ratios)
T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 20
OR-5
RW-6
Concept and
computation of leverage
ratios
To be able to compute
and interpret leverage
ratios
Calculation of ratios
from the annual
statements of Nestle
India Ltd
Week 7 Lecture 27 Ratio Analysis(Du-Pont Analysis) T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 20
OR-5
RW-6
L27
Do Pont analysis
L28
Revision
Identify and illustrate
the inter dependence of
elements of income
statement and balance
sheet to be able to
comment on
organisational
effectiveness
Du Pont analysis using
reports of Grasim
Laboratories Ltd
Lecture 28 Ratio Analysis(Du-Pont Analysis) T-1:Section III- Ch 1
R-2:Ch 14
R-4:Ch 20
OR-5
RW-6
L27
Do Pont analysis
L28
Revision
Identify and illustrate
the inter dependence of
elements of income
statement and balance
sheet to be able to
comment on
organisational
effectiveness
Du Pont analysis using
reports of Grasim
Laboratories Ltd
MID-TERM
Week 8 Lecture 29 Basic Aspects of Cost Accounting
(Meaning & Cost Concepts)
T-1:Section II- Ch 2
R-5:Ch 1
RW-3
RW-5
Meaning, differentiation
between cost, financial
and management
accounting and concepts
of costing
Define and illustrate
various cost terms and
concepts
Discussion through
powerpoint
presentation
Basic Aspects of Cost Accounting
(Introduction to Material, Labor
and Overhead Costs)
T-1:Section II- Ch 2
R-5:Ch 1
RW-3
RW-5
Meaning, differentiation
between cost, financial
and management
accounting and concepts
of costing
Define and illustrate
various cost terms and
concepts
Discussion through
powerpoint
presentation
Lecture 30 Basic Aspects of Cost Accounting
(Preparation of Cost Sheet and
Estimated Cost Sheet)
T-1:Section II- Ch 3
R-5:Ch 16
L 30
Preparation of Cost
Sheet
L 31
Preparation of Estimated
Cost Sheet
To be able to project
expected expenditure in
terms of cost by
learning to prepare the
cost and estimated cost
sheets
Problem Solving
Lecture 31 Basic Aspects of Cost Accounting
(Preparation of Cost Sheet and
Estimated Cost Sheet)
T-1:Section II- Ch 3
R-5:Ch 16
L 30
Preparation of Cost
Sheet
L 31
Preparation of Estimated
Cost Sheet
To be able to project
expected expenditure in
terms of cost by
learning to prepare the
cost and estimated cost
sheets
Problem Solving
Lecture 32 Basic Aspects of Cost Accounting
(Costing data for Managerial
Decisions)
T-1:Section II- Ch 3
R-5:Ch 17
Cost data for managerial
decisions
Evaluate the relevancy
of costing data for
different decision
making purposes
Example based
discussion
Week 9 Lecture 33 Standard Costing and Variance
Analysis(Nature and Use of
Standard Costing)
T-1:Section IV- Ch 4
R-5:Ch 17
Nature and importance
of standard costing and
variance analysis
To be able to develop
and use standard
costing and variance
analysis as cost
controlling tools
Powerpoint based
discussion
Week 9 Lecture 33 Standard Costing and Variance
Analysis(Establishment of
Standard Costing System)
T-1:Section IV- Ch 4
R-5:Ch 17
Nature and importance
of standard costing and
variance analysis
To be able to develop
and use standard
costing and variance
analysis as cost
controlling tools
Powerpoint based
discussion
Standard Costing and Variance
Analysis(Importance of Variance
Analysis)
T-1:Section IV- Ch 4
R-5:Ch 17
Nature and importance
of standard costing and
variance analysis
To be able to develop
and use standard
costing and variance
analysis as cost
controlling tools
Discussion through
powerpoint
presentations
Lecture 34 Standard Costing and Variance
Analysis(Material Variances)
T-1:Section IV- Ch 4
R-5:Ch 17
Types and Computation
of Material Variances
Prepare and interpret
material variance
analysis reports
Problem Solving
Lecture 35 Standard Costing and Variance
Analysis(Labor Variances)
T-1:Section IV- Ch 4
R-5:Ch 17
Types and Computation
of Labor Variances
Prepare and interpret
labor variance analysis
reports
Problem Solving
Lecture 36 Marginal Costing and Profit
Planning(Meaning and Objectives)
T-1:Section IV- Ch 5
R-5:Ch 3
Meaning, objectives and
tools of CVP Analysis
Understanding of the
importance of marginal
costing in decision
making and conducting
cost volume profit
analysis
Problem Solving
Marginal Costing and Profit
Planning(CVP Analysis)
T-1:Section IV- Ch 5
R-5:Ch 3
Meaning, objectives and
tools of CVP Analysis
Understanding of the
importance of marginal
costing in decision
making and conducting
cost volume profit
analysis
Problem Solving
Week 10 Lecture 37 Marginal Costing and Profit
Planning(CVP Analysis)
T-1:Section IV- Ch 5
R-5:Ch 3
Meaning, objectives and
tools of CVP Analysis
Understanding of the
importance of marginal
costing in decision
making and conducting
cost volume profit
analysis
Problem Solving
Marginal Costing and Profit
Planning(Meaning and Objectives)
T-1:Section IV- Ch 5
R-5:Ch 3
Meaning, objectives and
tools of CVP Analysis
Understanding of the
importance of marginal
costing in decision
making and conducting
cost volume profit
analysis
Problem Solving
Lecture 38 Marginal Costing and Profit
Planning(Break even analysis)
T-1:Section IV- Ch 5
R-5:Ch 3
Concept and numerical
related to Break Even
Analysis
Identify and illustrate
how break even
analysis to manage and
control the firm profits
Problem Solving
Lecture 39 Marginal Costing and Profit
Planning(Application of Marginal
Costing Technique)
T-1:Section IV- Ch 5
R-5:Ch 3
Application of Marginal
Costing Technique
To be able to compare
real life examples with
the theoretical concepts
Article discussion
Week 10 Lecture 40 Decision involving Alternative
Choices(Concept and Steps
involved in Decision Making)
T-1:Section IV- Ch 6
R-5:Ch 4
Steps in decision making
process and concept of
differential costs
To be able to
differentiate and control
direct and differential
costs
Powerpoint based
discussion
Decision involving Alternative
Choices(Differential Cost Concept)
T-1:Section IV- Ch 6
R-5:Ch 4
Steps in decision making
process and concept of
differential costs
To be able to
differentiate and control
direct and differential
costs
Powerpoint based
discussion
Week 11 Lecture 41 Decision involving Alternative
Choices(Limiting Factor)
T-1:Section IV- Ch 6
R-5:Ch 4
Determination of sales
mix and decion making
on the basis of key factor
under different
conditions
To be able to compare
and take decisions on
the basis of different
parameters
Problem Solving
Decision involving Alternative
Choices(Determination of Sales
Mix)
T-1:Section IV- Ch 6
R-5:Ch 4
Determination of sales
mix and decion making
on the basis of key factor
under different
conditions
To be able to compare
and take decisions on
the basis of different
parameters
Problem Solving
Lecture 42 Homework,Test3
Lecture 43 Decision involving Alternative
Choices(Decision related to Make
or Buy a Component)
T-1:Section IV- Ch 6
R-5:Ch 4
Decision regarding
making or buying a
product as well as
exploring new markets
under different
conditions
To take decisions
related to expansion by
comparing production
capabilities with the
probable returns
Problem Solving
Decision involving Alternative
Choices(Exploration of New
Markets)
T-1:Section IV- Ch 6
R-5:Ch 4
Decision regarding
making or buying a
product as well as
exploring new markets
under different
conditions
To take decisions
related to expansion by
comparing production
capabilities with the
probable returns
Problem Solving
Lecture 44 Decision involving Alternative
Choices(Shut down or
Continuance)
T-1:Section IV- Ch 6
R-5:Ch 4
Situations as to deciding
whether to shut down or
continue with a product
To become capable of
deciding whether to
continue with a product
line or not
Problem Solving
Week 12 Lecture 45 Responsibility Accounting
(Concept and Significance)
T-1:Section IV- Ch 2
R-5:Ch 12
RW-4 Concept, elements and
different centers of
responsibility accounting
Recognize the need for
reporting and its
relationship with cost,
revenue, profit and
investment centers
Discussion through
Examples
Responsibility Accounting
(Elements)
T-1:Section IV- Ch 2
R-5:Ch 12
RW-4 Concept, elements and
different centers of
responsibility accounting
Recognize the need for
reporting and its
relationship with cost,
revenue, profit and
investment centers
Discussion through
Examples
Week 12 Lecture 45 Responsibility Accounting
(Responsibility Centers)
T-1:Section IV- Ch 2
R-5:Ch 12
RW-4 Concept, elements and
different centers of
responsibility accounting
Recognize the need for
reporting and its
relationship with cost,
revenue, profit and
investment centers
Discussion through
Examples
Lecture 46 Budgetary Control(Need and Steps
involved in Budgetary Control)
T-1:Section IV- Ch 1
R-5:Ch 13
OR-1 L46
Provided for
contingencies
L47
Meaning, need, process
of budgetary control and
types of budgets
Able to explain the
purposes of budgeting
and the master budget
and relate the budget to
planning and control
Case Analysis
Budgetary Control(Meaning and
Types of Budgets)
T-1:Section IV- Ch 1
R-5:Ch 13
OR-1 L46
Provided for
contingencies
L47
Meaning, need, process
of budgetary control and
types of budgets
Able to explain the
purposes of budgeting
and the master budget
and relate the budget to
planning and control
Case Analysis
Lecture 47 Budgetary Control(Meaning and
Types of Budgets)
T-1:Section IV- Ch 1
R-5:Ch 13
OR-1 L46
Provided for
contingencies
L47
Meaning, need, process
of budgetary control and
types of budgets
Able to explain the
purposes of budgeting
and the master budget
and relate the budget to
planning and control
Case Analysis
Budgetary Control(Need and Steps
involved in Budgetary Control)
T-1:Section IV- Ch 1
R-5:Ch 13
OR-1 L46
Provided for
contingencies
L47
Meaning, need, process
of budgetary control and
types of budgets
Able to explain the
purposes of budgeting
and the master budget
and relate the budget to
planning and control
Case Analysis
Lecture 48 Budgetary Control(Preparation of
Flexible Budget)
T-1:Section IV- Ch 1
R-5:Ch 13
Preparation of flexible
budget
Compare and contrast
the changes in the cost
patterns over different
activity levels
Problem Solving
Week 13 Lecture 49 Budgetary Control(Preparation of
Cash Budget)
T-1:Section IV- Ch 1
R-5:Ch 13
Preparation of cash
budget
Explain and illustrate
how budgetary
accounting contributes
to achieving control
over revenues and
expenditures
Problem Solving
Lecture 50 Transfer Pricing(Meaning and
Importance)
T-1:Section IV- Ch 7
R-5:Ch 15
L50
Provided for
contingencies
L51
Concept and importance
of Transfer Pricing
Analyze the economic
consequences of
transfer pricing on
business decision
making
Powerpoint based
discussion
Week 13 Lecture 51 Transfer Pricing(Meaning and
Importance)
T-1:Section IV- Ch 7
R-5:Ch 15
L50
Provided for
contingencies
L51
Concept and importance
of Transfer Pricing
Analyze the economic
consequences of
transfer pricing on
business decision
making
Powerpoint based
discussion
Lecture 52 Transfer Pricing(Methods of
Calculating Transfer Price)
T-1:Section IV- Ch 7
R-5:Ch 15
Methods of determining
the transfer price like
cost based, market based,
dual pricing and
negotiated pricing
To be able to compare
and contrast different
methods of transfer
pricing for the best
interests of the
organisation
Problem Solving
Week 14 Lecture 53 Recent Trends in Cost Accounting
(Life Cycle Costing)
R-8:Ch 21 Introduction and need of
the different
contemporary issues in
costing
Compare and contrast
different cost
controlling techniques
for bringing benefits to
the company
Examples based
discusiion
Recent Trends in Cost Accounting
(Quality Costing)
R-8:Ch 21 Introduction and need of
the different
contemporary issues in
costing
Compare and contrast
different cost
controlling techniques
for bringing benefits to
the company
Examples based
discusiion
Recent Trends in Cost Accounting
(Kaizen Costing)
R-8:Ch 21 Introduction and need of
the different
contemporary issues in
costing
Compare and contrast
different cost
controlling techniques
for bringing benefits to
the company
Examples based
discusiion
Lecture 54 Recent Trends in Cost Accounting
(Activity Based Costing versus
Traditional Costing)
R-8:Ch 19 Meaning of ABC,
difference between
traditional costing and
ABC and various steps
involved in the costing
technique
Development of activity
based costing and
management system
Examples based
discusiion
Recent Trends in Cost Accounting
(Steps in Activity Based Costing)
R-8:Ch 19 Meaning of ABC,
difference between
traditional costing and
ABC and various steps
involved in the costing
technique
Development of activity
based costing and
management system
Examples based
discusiion
Lecture 55 Recent Trends in Cost Accounting
(Economic Value Added)
T-1:Section II- Ch 5
R-5:Ch 9
OR-3 L 55
Concept and importance
of EVA
L 56
Revision
Learning the
importance of EVA to
the overall process of
decision making
Case based discussion
Lecture 56 Recent Trends in Cost Accounting
(Economic Value Added)
T-1:Section II- Ch 5
R-5:Ch 9
OR-3 L 55
Concept and importance
of EVA
L 56
Revision
Learning the
importance of EVA to
the overall process of
decision making
Case based discussion
SPILL OVER
Week 15 Lecture 57 Spill Over
Lecture 58 Spill Over
Lecture 59 Spill Over
Lecture 60 Spill Over
Scheme for CA:
Component Frequency Out Of Each Marks Total Marks
Homework,Test 2 3 10 20
Total :- 10 20
Details of Academic Task(s)
AT No. Objective Topic of the Academic Task Nature of Academic Task
(group/individuals/field
work
Evaluation Mode Allottment /
submission Week
HW1 To expose students
to practical aspects
of financial
statement analysis
and make them able
to interpret the
financial
performance and
financial position of
the organization.
Each student will be allocated a company for analyzing the
financial position for the past three years by using common size
analysis and compare different firms in an industry by using ratio
analysis.
Group Evaluation will be
done on the
following
parameters: 1)
Company
Introduction: 5
marks, 2) Data
calculation and
presentation: 5
marks,3) Common
Size Analysis: 10
marks, 4) Ratio
Analysis: 10 marks
(bas
3 / 9
Test1 To check the
understanding of the
students.
Test based assignment on practical problems on the topics
covered so far.
Individual Accuracy in test
(having minimum 4
questions,
maximum marks
30).
5 / 6
Test2 To check the
understanding of the
students.
Test based assignment on practical problems on the topics
covered so far.
Individual Accuracy in test
(having minimum 4
questions,
maximum marks
30).
10 / 11
Plan for Tutorial: (Please do not use these time slots for syllabus coverage)
Tutorial No. Lecture Topic Type of pedagogical tool(s) planned
(case analysis,problem solving test,role play,business game etc)
Tutorial1 General discussion on the preparation of accounts Discussion
Tutorial2 Accounting Equation Problem Solving
Tutorial4 Preparation and Interpretation of Financial Statements
using Horizontal Analysis
Problem Solving
Tutorial3 Non Evaluative Test Test
Tutorial7 Ratio Analysis Problem Solving
Tutorial8 Ratio Analysis Problem Solving
Tutorial5 Horizontal Analysis Problem Solving
Tutorial6 Vertical and Trend Analysis Problem Solving
Tutorial9 Interpretations based on ratios Problem Solving,Discussion
Tutorial10 Non Evaluative Test Test
Tutorial11 Preparation of Cash Flow Statement Problem Solving
Tutorial12 Preparation of Cash Flow Statement Problem Solving
Tutorial13 Cash Flow Statement Analysis Case Analysis
Tutorial14 Cash Flow Statement Analysis Problem Solving
After Mid-Term
Tutorial15 Preparation of Cost Sheet Problem Solving
Tutorial16 Preparation of Estimated Cost Sheet Problem Solving
Tutorial17 Material Variances Problem Solving
Tutorial18 LaborVariances Problem Solving
Tutorial19 CVP Analysis Problem Solving
Tutorial20 BEP Analysis Problem Solving
Tutorial21 Use of CVP Analysis for Managerial Decision Making Problem Solving
Tutorial22 Use of CVP Analysis for Managerial Decision Making Problem Solving
Tutorial23 Preparation of Flexible Budget Problem Solving
Tutorial24 Preparation of Cash Budget Problem Solving
Tutorial25 Non Evaluative Test Test
Tutorial26 Transfer Pricing Problem Solving
Tutorial27 Activity Based Costing Case Analysis
Tutorial28 Revision Doubt Clearing related to different topics