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ACCOUNTING FOR MANAGERIAL DECISIONS - …

ACCOUNTING FOR MANAGERIALDECISIONSMASTER OF COMMERCES emester IPaper IIISTUDY MATERIAL2015 AdmissiononwardsUNIVERSITY OF CALICUTSCHOOL OF DISTANCE EDUCATIONCALICUT UNIVERSITY , THENJIPALAM, MALAPPURAM-6736352023 School Of Distance EducationAccounting for MANAGERIAL DecisionsPage2 UNIVERSITY OF CALICUTSCHOOL OF DISTANCE IPaperIIIS tudy material2015 AdmissiononwardsACCOUNTING FOR MANAGERIAL DECISIONSP repared byDr. Basheer AhammedAssociate Professor (Retd.)Head, DCMS,SAFI Institute ofAdvanced StudyVazhayoorScrutinised by:Dr. Yakoob . and Research Guide,SS COLLEGE, settings and Lay out :Computer Section, SDE ReservedSchool Of Distance EducationAccounting for MANAGERIAL DecisionsPage3 SYLLABUSMC1C3 ACCOUNTING FOR MANAGERIAL DECISIONSO bjective:Enable the students to know the applications of ACCOUNTING tools, techniques andconcepts in MANAGERIAL decision making 1 :Management ACCOUNTING : Nature, Scope and functions-Role of ManagementAccountant-Cost Concepts and Classification-Variable Costing and Absorption Costing-Emerging Costing Approaches Life cycle costing-Quality costing-Kaizen costing-Throughputcosting-Back flush costing-Activity Based Costing-Introduction-Concepts-Cost drivers and costpools-steps to develop ABC System-ABC System and Corporate :Capital Investment Process-Investment Appraisal Methods-Paybackperiod-ARR-Time adjusted methods-Discountedpaybackperiod-Net Present Valu

School Of Distance Education Accounting for Managerial Decisions Page 6 Scope of Management Accounting The management accounting is a wide and broad-based subject, which includes a variety of

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