Official Course Syllabus: Management Accounting
Complete, official curriculum framework prescribed by the University of Calicut under the Four Year Undergraduate Programme (FYUGP) 2024 regulations. Includes course metadata, pre-requisites, Bloom's Taxonomy course outcomes (CO1–CO4), module-wise lecture hour allocations, open-ended practical lab projects, and approved university reference textbooks.
Pre-requisites
A basic understanding about various aspects of the financial statements and the foundational role of financial statement analysis across commercial enterprises.
Course Summary
This course aims to equip students with the necessary skills and knowledge to apply management accounting principles in various organizational contexts. This course explores various dimensions of Management Accounting tools such as ratio analysis, funds flow statement, cash flow statement and CVP analysis.
1. Course Outcomes (CO) & Evaluation Tools
Upon successful completion of the course, students are evaluated against four core competencies defined under Bloom's Revised Taxonomy and National Knowledge Categorization:
| CO | Course Outcome Statement | Cognitive Level* | Knowledge Category# | Evaluation Tools Used |
|---|---|---|---|---|
| CO1 | Develop a comprehensive understanding of the principles, concepts, and techniques of management accounting. | U (Understand) | C (Conceptual) | Examinations / Quiz / Assignment |
| CO2 | Evaluate alternatives and make recommendations based on relevant financial information. | E (Evaluate) | P (Procedural) | Examinations / Presentation / Project |
| CO3 | Use management accounting information to monitor and control strategic initiatives. | Ap (Apply) | P (Procedural) | Project / Case study |
| CO4 | Explore the role of management accountants in maintaining integrity and transparency. | An (Analyse) | P (Procedural) | Debate / Assignment / Case study |
2. Detailed Module & Unit Breakdown (75 Total Hours)
Module I: Introduction to Management Accounting
8 Hours Allocation • Units 1 to 4- Unit 1: Concept of Management Accounting: Nature, Scope, and Functions2 Hrs
- Unit 2: Financial Statement Analysis: Comparative Statements2 Hrs
- Unit 3: Common Size Statements2 Hrs
- Unit 4: Trend Analysis and its interpretation2 Hrs
Module II: Ratio Analysis
13 Hours Allocation • Units 5 to 8- Unit 5: Ratio Analysis: Meaning, Nature, Uses, and Limitations of Ratios2 Hrs
- Unit 6: Detailed study of liquidity, profitability, and turnover ratios, including industry benchmarks, peer comparisons, and implications for operational efficiency4 Hrs
- Unit 7: Analysis of solvency, leverage, and market test ratios, exploring their significance in assessing long-term financial stability, and debt management3 Hrs
- Unit 8: Construction of Financial Statements from Ratios, Judgment of Financial Stability through Ratios4 Hrs
Module III: Fund Flow and Cash Flow Analysis
12 Hours Allocation • Units 9 to 12- Unit 9: Concept of Fund Flow Statement: Concept of Fund, Need, and Managerial Uses2 Hrs
- Unit 10: Schedule of Changes in Working Capital, Fund from Operations3 Hrs
- Unit 11: Preparation of Fund Flow Statements3 Hrs
- Unit 12: Concept of Cash Flow Statement, Uses, Difference between Fund Flow and Cash Flow Statements, Preparation of CFS4 Hrs
Module IV: CVP Analysis
12 Hours Allocation • Units 13 to 17- Unit 13: Concept of Marginal Costing, Fixed and Variable Costs, CVP Analysis2 Hrs
- Unit 14: Contribution, P/V Ratio2 Hrs
- Unit 15: Break Even Analysis- Margin of Safety2 Hrs
- Unit 16: Construction of Break Even chart2 Hrs
- Unit 17: Decision Making: Fixation of Selling Price, Exploring New Markets, Make or Buy, Key Factor, Product Mix, Operate or Shutdown4 Hrs
Module V: Open Ended Module: Practical Exercise
30 Hours Practical Instruction • Mandatory Lab ExercisesRecommended to conduct experiential learning exercises designed to bridge textbook theory with corporate applications:
Seminar / Group discussions / Assignments on practical problems relating to the first four modules of the course.
- 2.1: Assign a project involving the analysis of cost-volume-profit relationships.
- 2.2: Compare financial ratios of companies within the same industry and prepare a comprehensive comparative report.
Conduct extensive ratio analysis and financial health modeling using Microsoft Excel spreadsheet software.
Present students with business cases requiring management accounting techniques to solve specific challenges collaboratively (e.g., estimating costs and using CVP analysis to make strategic decisions like pricing, product mix, or discontinuing product lines).
3. Prescribed Reference Textbooks
Official reference books prescribed by the Board of Studies in Commerce (UG), University of Calicut:
Ready to start learning?
Proceed to Module 1 notes or view all syllabus topics.