Production Management Case Studies N Articles, Research Papers
3-YEAR PART-TIME MASTER’S DEGREE PROGRAM IN HUMAN RESOURCES DEVELOPMENT MANAGEMENT / MARKETING MANAGEMENT / FINANCIAL MANANGEMENT / INFORMATION MANAGEMENT / (MHRDM/MMM/MFM/MIM) FIRST YEAR- FIRST SEMESTER 1 FINANCIAL ACCOUNTING LEVEL OF KNOWLEDG: BASIC 1. Financial Accounting-Scope and Importance 2. GAAP, Conventions and Concept. 3. Balance Sheet and Related Concepts. 4. Profit and Loss Account and Related Concepts. 5. Accounting Mechanics: Basic Records – Understanding of Transactions and related documents-Process leading to preparation of Trial Balance and Financial Statements. 6. Revenue Recognition and Measurement-Revenue Vs Capital (Receipts and expenditure. 7. Accounting Methods-Cash, Accrual, Hybrid. 8. Inventory Accounting-Perpetual and Periodic system Accounting and Physical Flow Valuation 9. Fixed Assets and Depreciation Accounting. 10. Understanding of the following Items: Net worth-Reserves-Provisions-Intangible assts-Fictitious Assets-Revaluation of fixed assets and its impact on financial statements. 11. Overview of External and Internal audit. 12. Inflation Accounting. 13. Corporate Financial Reporting in India. 14. Mandatory Accounting standards. 1.2 BUSINESS LAW OBJECTIVE: to expose the students to the objects and broad frame work of legislative actment within which business operators. CONTENTS: Indian Contract Act Sale of goods Act Negotiable Instruments Act Restrictive and Unfair Trade Practices (instead of Monopolies and Restrictive Trade Practice)
UNDERSTANDING COSTS Various cost as presented in Income statement –Classification of Cost for Purposes of Recording-Material / Labour/Overhead-Cost Recording and Allocation Service Departments and Absorption Rates-Determination of Costs of Products- Costing system-Job and Process Costing –Cost of and Inventory Valuation-LIFO and FIFO –Cost Behavior Fixed. Variable and Semi-Variables and its significance in Financial Projections. Cost and Management Decisions: Total Cost, Average Cost, Managerial
UNDERSTANDING COSTS Various cost as presented in Income statement –Classification of Cost for Purposes of Recording-Material / Labour/Overhead-Cost Recording and Allocation Service Departments and Absorption Rates-Determination of Costs of Products- Costing system-Job and Process Costing –Cost of and Inventory Valuation-LIFO and FIFO –Cost Behavior Fixed. Variable and Semi-Variables and its significance in Financial Projections. Cost and Management Decisions: Total Cost, Average Cost, Managerial