MANAGEMENT ACCOUNTING-HINDI: MANAGEMENT ACCOUNT-HINDI

Unit–2 Financial Statement : Meaning, Importance and Limitations of financial statements, Objectives and methods of financial statements analysis, Ratio analysis, Classification of ratios - Profitability ratios, Turnover ratios and Financial ratios, Advantages of ratio analysis, Limitations of accounting ratios.

Unit– 3 Statement, Cash Flow Statement (As per Indian Accounting Standard-3). 

IFRS—Concept and Importance. Leverages.

Unit– 4 Absorption and Marginal Costing : Marginal and differential costing as a tool for decision making-make or buy, Change of product mix, Pricing, Break even analysis, Exploring new markets, Shutdown decisions of Production.

Unit– 5 Budgetary Control : Meaning of budget and budgetary control : Objectives, Merits and limitations, Types of budget : Cash budget and Flexible budget. Concept of Management Audit, Responsibility Accounting. Management Reports, Types of reports and quality of good report.