Table of Content
Fundamentals of Managerial Accounting
- Managerial Accounting Basics
- Cost Concepts
- Managerial Accounting New Concepts
Financial Statements
- Financial Statements
- Importance of Financial Statements
- The Income Statement
- The Balance Sheet
- Statement of Cash Flows
- Manufacturing Costs in Financial Statements
- Financial Statement Analysis Basics
- Comparative Statement
- Common Size Statement
- Trend Analysis
Ratio Analysis
- Ratio Analysis Basics
- Limitations of Ratio Analysis
- Classification of Ratios
- Liquidity Ratios
- Leverage Ratios
- Turnover or Activity Ratios
- Profitability Ratios
- Valuation Ratios
- Comparative Analysis
- DuPont System
Accounting Standards, GAAP, IFRS
- Accounting Standards Basics
- Global Standardization and IFRS
- Enterprise Classification
- Why Accounting Standards are Needed?
- Accounting Standard Board
- Objectives of Financial Reporting
- Characteristics and Limitations of a Financial Report
- IFRS
- GAAP
- US-GAAP
Depreciation and Inventory
- Depreciation Basics
- Depreciation Accounting
- Depreciation Methods
- Inventory Management
Cash Flow
- Type of Cash Flow
- Actual Flow of Cash:
- Notional Cash Flow
- Notional outflow of cash
- Source of Cash Inflow
- Net Profit Method
- Outflow of Cash
- Changes in Current Accounts
- Change in Current Liabilities
Cost Accounting
- Concepts of Cost
- Costing, Cost Accounting and Cost Accountancy
- Objectives of Cost Accounting
- Importance of Cost Accounting
- Scope of Cost Accounting
- Classification of Costs
- Cost Centre and Cost Unit
- Methods of Costing
- Techniques of Costing
- Difference between Financial Accounting and Cost Accounting
- Difference between Financial Accounting and Management Accounting
Product and Process Costing
- Process Costing Basics
- Product Costing
- Tracking Product Costs
Activity Based Costing
- Introduction
- Meaning of Activity Based Costing
- Basics of Activity Based Costing
- Distinction Between Traditional Absorption Costing and Activity Based Costing
- Objectives of Activity Based Costing
- Terminology of Activity Based Costing
- Stages in Developing Activity Based Costing System
- Different Types of Activities
Cost Volume Profit Analysis
- Cost–volume–profit (CVP) Basics
- Uses of Cost-Volume-Profit Analysis
- Cost-Volume-Profit (CVP) Analysis Assumptions
- Components of CVP Analysis
- Calculate a Cost-Volume-Profit Analysis
- Contribution Margin
- CVP Analysis and Decision Making
Budgeting
- Budgeting Basics
- Essentials of Budget
- Budget Types
- Budgeting Process
- Budgetary Control
- Functional Budgets
- Master Budget
- Fixed Budgets
- Flexible Budgets
- Zero-Base Budgeting
- Performance Budgeting
- Budget Variance
Standard Costing and Variance Analysis
- Standard Costing
- Variance Analysis Basics
- Material Variance
- Labor Variance
- Fixed Overhead Variance
- Budget Variance Analysis
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