Skip to main content

Management Accounting - Index


Table of contents
Unit I: Click Here!
1.1: Management Accounting: Meaning; Features; Advantages; Limitations; Scope and Functions of Management Accounting.
1.2: Comparison: Between Management Accounting and Financial Accounting, Between
Management Accounting and Cost Accounting.

Unit II: Click Here!
2.1: Break-Even-Analysis: Concept, Uses and Limitations of Break-Even-Analysis, Margin of Safety, Contribution, Use of P/V ratio for decision making, Cost-Profit-Volume Relationship, Fixed Cost Variation.
2.2: Problems on Break-Even Analysis.

Unit III: Click Here!
3.1: Ratio Analysis: Meaning of Ratio Analysis, Advantages and Limitations of Ratio Analysis
3.2: Problems of Profit and Loss Account Ratio.
3.3: Simple Problems on Balance-Sheet Ratio: Current Ratio; Quick Ratio and Proprietary
Ratio

Unit IV: Click Here!
4.1: Budget: Meaning and Definition of Budget; Characteristics of Budget; Types of Budget.
4.2: Problems on a Cash budget

Unit V: Click Here!
5.1: Budgetary Control: Meaning and Definition of Budgetary Control, Objectives of
Budgetary Control; Limitations of Budgetary Control.
5.2: Problems on Flexible Budget.




Contents   1   2   3   4   5
Labels:

Comments

Post a Comment

Popular posts from this blog

Unit IV - Budget

Meaning and Need for Budget: A budget is a blueprint of the plan of action to be followed during a specified period of time for the purpose of attaining a given objective. According to CIMA Terminology, budget is “a plan quantified in monetary terms prepared and approved prior to a defined period of time, usually showing planned income to be generated and/or expenditure to be incurred during that period and the capital to be employed to attain a given objective”. Features: An analysis of the above definition reveals the following essential features of a budget: (i) It is prepared beforehand based on a future plan of actions; (ii) It is related to a definite future period and is based on the objectives to be attained; (iii) It is expressed in financial terms; (iv) It shows planned income to be generated; (v) It shows probable expenditure to be incurred; (vi) It indicates the capital to be employed during the period; Thus, a budget sets the firm’s goals in cl...
Post a Comment
Read more

UNIT III - Share Capital of Company

3.1 Share Capital of Company, Types of Share & Debenture Structure of Share Capital or Classification of Capital Classification of Capital The word ‘Capital’ has different meanings in different professions and contexts. If a company is limited by shares, then the term capital means share capital. Let us see the various classifications of capital like nominal capital. Paid-up capital etc. Capital In simple words, the total  contributions  made by people to the common  stock  of the company is the capital of the company. Further, a  share  is the  proportion  of the capital to which each member has entitlement. Remember, a share is not an amount of money. It is an interest including different rights in the contract. In this article, we will look at five ways in which the term capital is used in Company Law: nominal capital, issued capital, subscribed capital, called up capital and paid-up capital. Nominal or Authorized or Reg...
Post a Comment
Read more

Unit II - Break-Even Analysis

Concept of Break-Even Analysis: Break-Even Analysis is a concept used very widely in production management and cost. It is an analytical tool which helps the firm to identify that level of sale where it will cover its cost of production. Any sale over and above the break- Even Point will accrue profits to the firm, while any sales less than it would put the firm into losses. The Break-Even Point shows the price at which the firm makes neither profit nor loss. Break-Even point is a very significant concept in Economics and business, especially in Cost Accounting. Break-Even point is a point where the  cost of production  and the  revenue  from sales are exactly equal to each other; which means that the firm has neither made profits nor has incurred any losses. The Break-Even Analysis is also known as the Cost- Volume- Profit Analysis and is used to study the relationship between total cost, total revenue, profits and losses. It also helps to determine tha...
Post a Comment
Read more