18MBA13 Accounting for Managers syllabus for MBA

Introduction to Accounting:Need and Types of Accounting, Users of Accounting, concepts and conventions of Accounting, Relation of Accounting with other disciplines, Capital and Revenue Expenditure and Receipt, Accounting Equation.

Case study:Problem on Accounting Equation .

Preparation of books of Accounts:Journals, ledgers 3 column cash book and trial balance, Depreciation- Straight line and Written down Value Methods.

Case Study on Change of Method of Depreciation.

Preparation of Financial Statements:Preparation of final accounts of sole traders in horizontal form, Preparation of final accounts of companies in vertical form as per Companies Act of 2013 (Basic problems of Final Accounts), Window dressing.

Case Study problem on Final Accounts of Company and Firm.

Analysis of Financial Statements:Ratio Analysis, Preparation of financial statements using ratios, Preparation of Cash flow Statement (only indirect method).

Case Study on Ratio analysis.

Emerging issues in Accounting:Human Resource Accounting, Forensic Accounting, Sustainability Reporting. Accounting Standards and IFRS: Nature and significance.

Fundamentals of Taxation: Basic concepts of Direct & Indirect Tax. Heads of Income, Deductions u/s 80C, Rate of Income Tax of current assessment Year for Individuals only (only theory) .

PRACTICAL COMPONENTS:

• Collecting Annual reports of the companies and analyzing the financial statements using different techniques and presenting the same in the class.
• Analyzing the companies’ cash flow statements and presenting the same in the class.
• Exposing the students to usage of accounting software’s (Preferably Tally).
• Filling up of ITR forms.
• Identify the sustainability report of a company and study the contents.