IntroductiontoManagementAccounting

Management Accounting

By Ghanendra Fago (MBA, M Phil)

Main Objectives  Provide in depth knowledge of management accounting concepts, tools and

  



techniques and encourage in application of these tools in planning, decision making and control process. Use management accounting principles, objectives and functions Explain the concept of costs and classify them for managerial application and Facilitate the participants thinking critically and rationally for the allocation of scarce and valuable economic resources among the available courses of actions in the competitive business environment. Enable management practitioners to apply accounting information in the planning and decision making process.

Methodology  The teaching methodology of thus course will include a combination

of class lectures, case reviews, Presentation and problem solving exercises, small case studies, project/term assignments, quizzes.  Participants must complete their prior reading and works before

participating in the class.

Brief Outline of Topics Unit-1

Overview of management Accounting

Unit-2 Unit-3 Unit-4 Unit-5 Unit-6 Unit 7 Unit- 8 Unit -9

Cost concept, classification, and estimation Measurement of Income and Reporting Cost Volume Profit Analysis Standard Costing and Balance Scorecard (BSC) Management control system and responsibility accounting Profit Planning: A Tool of Strategic Planning and control Relevant Cost for Decision- Making and Pricing Long-term Investment Decisions –Risk and Uncertainty

Evaluation Criteria  Attendance

: 05 Marks

 Quizzes ( at Least two)

: 05 Marks

 Cases and Reviews

: 15 Marks

 Individual Assignments/Cases/Presentation

: 15 Marks

 Term Paper/Project Work/Presentation

: 10 Marks

 Internal Tests ( two exams)

: 20 Marks : 30 Marks

 Mid-term exam

Attention  Students should earn marks as much as they can.  Assignment should be submitted individually, but group consultation is allowed.  Submission of review and case assignment will be in the following class.  Late submission will be penalized by 10% per day.  Coping and pasting in assignments are not accepted. If found, no mark will be given.  Quizzes will be taken following the classes.  There will be at least Two Internal Tests as per this detailed schedule within class schedule.  There is no make up Test.

Reading Materials  Garrison, Ray H and Noreen, IricW (2003). Managerial Accounting; New York: Tata

McGraw (GN)  Horngren, C. T.; Sundem, G. L. and Stratton, W. O: Introduction to Management

Accounting; Pearson Education; New Delhi. (Thirteenth edition) (HSS)  Koirala, M.P., Gyawali A, Fago, G, Subedi, D and Niroula, H (2010) Management

Accounting: Kathmandu: Budhha Academics enterprises P. ltd. (KGFSN)  Bajracharya et al. (2006) Management accounting; Katmandu: Asmita Books and stationery

(BOGS)  Drury, Colin: Management and cost accounting (Fifth Edition 2000); Business Press

Thomson Learning (CD)  Ronald W. Hilton: Managerial Accounting: CreatingValue in a Dynamic Business

Environment; TATA McGraw-Hill Publishing Company Limited, New Delhi;