Budget & Budgetary Control :
1.1. Concept, Objectives, & Limitations 1.2. Classification of Budgets – Operating, Financial & Capital Budget 1.3. Cash Budget, Flexible budget, Production Budget, Sales Budget
Standard Costing : 2.1. Concept, Essentials of an effective system of standard costing 2.2. CalculationofMaterial Variances 2.3. CalculationofLabourVariances 2.4. Causes & Disposition of the variances
Analysis & Interpretation of Financial Statements : 3.1. Techniques of financial Statement Analysis 3.2. Comparative Financial Statements, Common Size Statement, Trend Analysis, Ratio Analysis 3.3. Ratio analysis : Liquidity Ratios, Activity Ratios, Profitability Ratios, Solvency Ratios 3.4. Limitations of Ratio Analysis
Funds flow & Cash Flow Analysis : 4.1. Concept of Funds, Funds from Operations, Statement of changes in working capitsl, Funds Flow Statement 4.2. Preparation of Cash flow statement (Refer AS-3)
Marginal Costing & Break Even Analysis : 5.1. Concept of Marginal Cost: Contribution, Variable Cost, Fixed Cost, Semi-Variable Cost, 5.2. Margin of Safety, PV Ratio
Management of Working Capital : 6.1. Concepts: Gross and Net, Permanent & Temporary, Operating Cycle 6.2. Disadvantages of insufficient Working Capital 6.3. Financing Of Working Capital, Maximum Permissible Bank finance 6.4. Factors Determining Working Capital Requirement 6.5. Estimation of Working Capital Requirement