Welcome to this course on Management Accounting A Complete Study
Management Accounting will help the business to conduct its business in a more efficient manner. It utilizes the principles and practices of Financial Accounting and Cost Accounting and the thrust is on determining policy and formulating plans to achieve desired objectives of Management. Management Accounting would make corporate planning and strategies effective and meaningful.
Why you should study Management Accounting?
The top most decisions in the Organisation are taken based on the reports generated by Management Accounting Systems. The very survival to success / failure of organisation depends upon kind of decisions taken based on Management Accounting Reports. Hence, it becomes necessary for Top Executives to understand the Principles and Practices of Management Accounting.
How this course will help you for Professional Examinations?
This course is structured following academic syllabus prescribed for CA Final Examinations and it is very comprehensive in nature. It will explain Theory and Practical Concepts revolving Management Accounting. Apart from CA Final, this course will also meet the requirements of Professional Examinations like CMA / CS / CFA / CPA / ACCA / CIMA / CPA, etc.
What are the topics covered / will be covered in this course?
a) Introduction to Management Accounting
b) Budget and Budgetary Control
c) Standard Costing
d) Transfer Pricing
e) Costing of Service Sector
f) Uniform Costing and Inter-firm Comparison
g) Cost Sheet, Profitability Analysis and Reporting
h) Linear Programming Problem
i) Critical Path Analysis
j) Learning Curve Theory
(and many more chapters will be added in due course)
How this course is structured?
This course is structured in self paced learning style. Screen cast type lectures are used for presenting contents.
What are the Basic knowledge required to take this course?
Basics of Accounting, Costing and Financial Management.
What are the Basic requirements to take this course?
Good Internet Connection, Mobile / Tablet / Laptop / PC
I am a Chartered Accountant with tonnes of passion for teaching.
I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.
I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.
I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.
I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.