Accounting For Management Syllabus

 COURSE OBJECTIVES

• To equip the students with practices and procedures of financial reporting including accounting concepts, conventions, policies and generally accepted accounting principles (GAAP)

• To enable the student to attain practical knowledge of various aspects of an annual report including note on accounts and management discussion and analysis.

• To equip the students with a detailed understanding of the tools and techniques of financial statement analysis including the ramifications of CAGR.

• To introduce to the students the practical aspects of financial statement analysis through contemporary case studies for credit analysis and equity research

UNIT I

Financial reporting – meaning – methods – principles – reporting practices– financial statements– income statements– balance sheets and cash flow statements – accounting concepts and conventions – accounting standards and GAAP

UNIT II

Additional information in annual report–segment reporting, notes to financial statement –full disclosure –comparative statement –management discussion and analysis.

UNIT III

Tools for analysis and interpretation of financial statements – vertical and horizontal analysis – trend analysis – common sized statements and ratio analysis – uses and limitations

UNIT IV

Liquidity and solvency analysis using cash flow statement–the dilemma of cause and effect–Prerequisites often effective financial statements–case studies

UNIT V

Introduction to credit analysis, equity research and business analytics – use of financial information for decision making – contemporary case studies

LEARNING RESOURCES

1. The analysis and use of financial statements–third edition–Gerald I. white, Ashwinpaul C. Sondhi, Dov Fried–3rd Edition 2003

2. Financial accounting for managers by Dr. Narayana Swamy, Indian institute of Management, Bangalore, Tata–McGrawHill,2018 edition