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

Comments

Popular posts from this blog

Section 11 - Nonverbal Communication

Nonverbal communication  (' NVC ) is the nonlinguistic transmission of information through visual, auditory, tactile, and kinesthetic (physical) channels. Nonverbal communication is the transmission of messages or signals through a nonverbal a platform such as eye contact,  facial expressions , gestures, posture, and the distance between two individuals. This form of communication is characterized by multiple channels and scholars argue that nonverbal communication can convey more meaning than verbal communication. [1]  Some scholars state that most people trust forms of nonverbal communication over verbal communication.  Ray Birdwhistell  concludes that nonverbal communication accounts for 60–70 % of human communication, [2]  although according to other researchers the communication type is not quantifiable [3]  or does not reflect modern human communication, especially when people rely so much on written means. [4]  The study of nonverbal...

Interview Notes / Questions - US Taxation 1065 & 1120

  1.     163 J: Business Interest Expense limitation: Example: Capital Structure: Debt - 98% Equity - 2% 8890 Fedra Form Why IRS limiting a corporation? Corporation highly leverage on debt so they pay high interest expense to claim deductions.   2.     Sec 78 Gross up: If parent paid taxes of it's foreign subsidiaries, then the parent Can Claim that tax in us and can pay less tax Ex. 100$ (CFC) earn & paid 10$ tax & in Us parent must 21% 21$ pay can deduct 10$, must pay only 11$. line 30 state 50% deduction line 28 State 100% deduction   $210 $ 10 = $ 11 3.     Sub part F: If Sub part f is an income which is relatively movable from one taxing jurisdiction to another and that is Subject to low rates of foreign tax - This applies to CFC only.   4.     DRD: Dividend Received Deduction It is a tax deduction available to corporations in the US that receive dividen...

Interview Question: Finance (Accounting)

Interview Questions (Continued...) Domain Questions-finance (Accounting) 1. How does the owner recover his capital from business?  -> From profits 2. What is permissible accounting method (it is a method mentioned in GAAP). -> Only the accrual accounting method is allowed by generally accepted accounting principles (GAAP). Accrual accounting recognizes costs and expenses when they occur rather than when actual cash is exchanged. 3. Name two accounting principles? -> Accrual principle Conservatism principle Consistency principle Cost principle Economic entity principle Full disclosure principle Going concern principle Matching principle Materiality principle Monetary unit principle Reliability principle Revenue recognition principle Time period principle 4. What do you mean by going Concept? -> Going concern is an accounting term for a company that is financially stable enough to meet its obligations and continue its business for the foreseeable futur...