Management Accounting Key 2025

Unit i Introduction to Management Accounting
Management Accounting ? Meaning ? Scope ? Importance-
Limitations – Management Accounting Vs Cost Accounting ?
Management Accounting Vs Financial Accounting. Analysis and Interpretation of Financial Statements ? Nature and Significance ? Types of Financial Analysis ? Tools of Analysis ? Comparative Statements?Common SizeStatement?Trend Analysis.
Unit II Ratio Analysis
Ratio Analysis: Meaning ? Advantages ? Limitations ? Types of
Ratios ? Liquidity Ratios ? Profitability Ratios -Turnover Ratios ?
Solvency Ratios ? Leverage Ratios – Preparation of Financial
Statements from Ratios.
Unit III FundsFlow&CashFlow Analysis
Introduction, Meaning of Funds Flow Statement-Ascertainment of Flow of Funds – ScheduleofChangesinWorking Capital-Adjusted Profit and Loss Account – Preparation of Funds Flow Statement. Cash Flow Statement: Meaning ? Advantages ? Limitations ? Preparation of Cash Flow Statement as per AS 3 ?Cash Flow from Operating, Financing and Investing activities.
Unit IV Budget and Budgetary Control
Meaning ? Preparation of Various Budgets ? Cash Budget –
Flexible Budget?Production Budget?Sales Budget?Master Budget ? Budgetary Control ? Benefits
Unit – V Marginal Costing: Meaning – Features ? Marginal Costing vs Absorption Costing – Fixed Cost, Variable Cost and Semi Variable Cost- Contribution- Marginal Cost Equation- P/V Ratio – Break Even Point – Margin of Safety ? Cost- Volume Profits Analysis. DecisionMaking:SelectionofaProductMix?Make or Buy Decision ? Discontinuance of a product line ? Change or Status quo ? Limiting Factor or Key Factor.