Course objective:

This 3 hours course is designed to inculcate the Managerial Accounting for buddy managers. This course will help them to handle a team of accountants for small and medium size business.

Course curriculum:

Basic concepts of Accounting - Need & importance of accounting - Accounting Equation - General journal - Special journals : Purchase, Sales, Purchase returns, Sales returns, Bills receivable, Bills payable - Trial balance - Rectification of errors - Bank reconciliation statement - Bills of exchange - Financial statements of a proprietary business : Trading , profit and loss account, Balance sheet

Financial statment analysis : Comparative balance sheet - Comparative profit & loss statement - Common size balance sheet - Common size profit & loss statement - Ratio analysis.

Costing : Cost concepts - Cost Sheet - Classification of Cost - Activity Based Costing (ABC) technique - Absorption costing technique - Cost volume profit analysis - Marginal costing & Decision making - Budgets and Budgetary control - Production budget - purchase budget - Labour budget - Master budget - Cash budget - Variance analysis - Standard costing - Materials, Labour variances and fixing the variances

Management Controls :Financial statment analysis : Comparative balance sheet - Comparative profit & loss statement - Common size balance sheet - Common size profit & loss statement - Ratio analysis - Cash flow statement

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About the Trainer

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Vijayakumar V

B.Com, Chartered Accountant and Dip in Banking & Finance

15 Years of Experience

The Trainer is a passionate teacher and has rich experience in Financial accounting and related practices. He was a full time senior lecturer in a reputed institution for 5 continuous years, teaching online and offline to students from class 10 to PhD for 15 years.