COST & MANAGEMENT ACCOUNTING

FACULTY’S INTRODUCTION 1. MAYANK JAIN / GAURAV AGRAWAL 2. CABIN LOCATION 3. 9897893807 / 9412226612 4. mayank.17aug@gmail.com / toppers2311@yahoo.com 5. MEETING HOURS: faculty should provide 1hr. On all week days preferably between extended lunch break.

INDEX: - FACULTY’S INTRODUCTION PREAMBLE STRUCTURE HOLISTIC FIX KEY CONCEPT KEY RESEARCH AREA KEY APPLICATION INDUSTRIAL APPLICATION RESEARCH HOW WE STUDY KEY JOBS PROJECTS ONE CAN DO TRENDS

PREAMBLE STRUCTURE Holistic fix Key Concept and Practical examples TEACHERS INTRODUCTION 1. NAME OF THE INSTRUCTOR 2. CABIN LOCATION 3. TELEPHONENO. 4. EMAIL-ID 5. MEETING HOURS INTRODUCTION TO "FINANCE IN MBA“ WHY? WHAT? WHERE? HOW? Holistic fix Key Concept and Practical examples Key Research Areas Key applications Industrial application Research Key jobs and company’s How we study? Academic Calendar Lecture plan Reference book ,journals Projects one can do Future trends

HOLISTIC FIX OF “COST & MANAGEMENT ACCOUNTING” PREREQUISITES (10th standard) Basic Statistics. Graphs. Mean ,Mode and Median. Deviation. Cost Price, Selling Price. Profit and Loss. Unitary methods. Mean mode median - herdingcats.typepad.com/.../mean_or_median.html

HOLISTIC FIX OF “COST & MANAGEMENT ACCOUNTING” ( 2nd Semester) Rs. 10/- Service tax 20% Surcharge 10%

Cost & Management Accounting includes 4 parts:- Cost Accounting Management Accounting Budgeting Cost Management Ppt. tutorial:-http://www.authorstream.com/Presentation/prachigupta787-178205-financial-management-finance-education-ppt-powerpoint/

HOLISTIC FIX OF “COST & MANAGEMENT ACCOUNTING” ADVANCE COURSE 3rd & 4th Semester Working Capital Management Inventory Management Receivables Management Cash Management

HOLLISTIC FIX OF “COST & MANAGEMENT ACCOUNTING” SCOPE IN OTHER FIELDS… ( manpower planning) ( Integration of Financial Data) (sales forecasting and marketing plan, pricing decisions) ( Inventory management) (controlling working capital) HR Manager IT Manager Marketing Manager SCM Manager FM

KEY CONCEPT OF COST & MANAGEMENT ACCOUNTING COST ACCOUNTING PHOTO: TORONTO WORLD FINANCIAL DISTRICT NEWS: G8_finance_ministers_agree_on_deal_to_relieve_debts_of_18_poorest_nations INDUSTRIAL APPLICATION: Excel Finance Trick #1: FV PV & Time Value Of M...-you tube

KEY CONCEPT OF COST & MANAGEMENT ACCOUNTING MARGINAL COSTING VIDEO: http://www.youtube.com/watch?v=cvxwisWK9vI TIME VALUE OF MONEY

KEY CONCEPT OF COST & MANAGEMENT ACCOUNTING BUDGETING

KEY CONCEPT OF COST & MANAGEMENT ACCOUNTING STANDARD COSTING 13 13

KEY CONCEPT OF COST & MANAGEMENT ACCOUNTING VARIANCE ANALYSIS 14 14

KEY CONCEPT OF COST & MANAGEMENT ACCOUNTING RESPONSIBILITY ACCOUNTING 15 15

KEY CONCEPT OF COST & MANAGEMENT ACCOUNTING TRANSFER PRICING 16 16

KEY CONCEPT OF COST & MANAGEMENT ACCOUNTING

KEY RESEARCH AREA OF “COST & MANAGEMENT ACCOUNTING”

Research areas… Cost Control Cost Reduction Activity Based Costing Cost Management Target Costing Value Chain Analysis

KEY APPLICATIONS OF COST & MANAGEMENT ACCOUNTING INDUSTRIAL APPLICATIONS RESEARCH http://www.sas.com/industry/fsi/

INDUSTRIAL APPLICATION 1. Annual Report SAP ANNUAL REPORT DIODES ANNUAL REPORT YAHOO ANNUAL REPORT IRIS ANNUAL REPORT DATAWATCH ANNUAL REPORT https://www.orderannualreports.com/v5/index.asp?cp_code=YAH1

INDUSTRIAL APPLICATION Stock screener Mutual fund screener Bonds screener

ACCOUNTING RELATED RESEARCH… Governance and Management Control Financial Reporting Market – Based Valuation Macroeconomics & Growth Trade &International Integration 

KEY JOBS AND COMPANIES OF COST & MANAGEMENT ACCOUNTING

CORE ACCOUNTING DRIVEN JOBS… Manager Derivatives Accounting Financial Analysis Financial Planning Finance Controller in Manufacturing Sector Mergers & Acquisitions Accounting Accounting for Non profit organisations Link is provided here: for the above listed jobs with their their company’s.

HOW WE STUDY......? QUESTION BANK WILL BE PROVIDED IN THE EXCEL SHEET LECTURE PLAN REFRENCE BOOK INDIVIDUAL ASSIGNMENT GROUP ASSIGNMENT UPTU MAPPING REFRENCE MATERIAL LECTURE PLAN JOURNALS

PROJECTS ONE CAN DO IN… AUTOMOBILE INDUSTRY TEXTILE INDUSTRY PHARMA INDUSTRY TELECOM INDUSTRY WINE INDUSTRY BANKING SECTOR

TRENDS IN “COST & MANAGEMENT ACCOUNTING”

FINANCIAL HUB MUMBAI News:Mumbai among world's top 10 financial hubs Bombay commerce and trade:http://www.bombaychamber.com

FINANCIAL REFORMS OF INDIA SINCE 1991…. LIBERALISATION INDUSTRIALIZATION CENTRAL PLANNING Report: http://www.apcss.org/Publications/Edited%20Volumes/RegionalFinal%20chapters/Chapter16Wadhva.pdf

LIMITATIONS OF INDIAN ACCOUNTING STRUCTURE , TO DEVELOP LIKE INTERNATIONAL ACCOUNTING STRUCTURE INFRASTRUCTURE DEMOCRACY BUREAUCRACY CORRUPTION MACRO-ECONOMIC RESTRICTIVE NORMS

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