By Ghanendra Fago (MBA, M Phil)

Management Accounting

Main Objectives Provide in depth knowledge of management accounting

concepts, tools and techniques and encourage in application of these tools in planning, decision making and control process.

Use management accounting principles, objectives and functions

Explain the concept of costs and classify them for managerial application and

Facilitate the participants thinking critically and rationally for the allocation of scarce and valuable economic resources among the available courses of actions in the competitive business environment.

Enable management practitioners to apply accounting information in the planning and decision making process.

MethodologyThe teaching methodology of thus course will

include a combination of class lectures, case reviews, Presentation and problem solving exercises, small case studies, project/term assignments, quizzes.

Participants must complete their prior reading and works before participating in the class.

Brief Outline of Topics

Unit-1 Overview of management Accounting

Unit-2 Cost concept, classification, and estimation

Unit-3 Measurement of Income and Reporting

Unit-4 Cost Volume Profit Analysis

Unit-5 Standard Costing and Balance Scorecard (BSC)

Unit-6 Management control system and responsibility accounting

Unit 7 Profit Planning: A Tool of Strategic Planning and control

Unit- 8 Relevant Cost for Decision- Making and Pricing

Unit -9 Long-term Investment Decisions –Risk and Uncertainty

Evaluation Criteria

Attendance : 05 Marks

Quizzes ( at Least two) : 05 Marks

Cases and Reviews : 15 Marks

Individual Assignments/Cases/Presentation : 15 Marks

Term Paper/Project Work/Presentation : 10 Marks

Internal Tests ( two exams) : 20 Marks Mid-term exam : 30 Marks

Attention Students should earn marks as much as they can.

Assignment should be submitted individually, but group consultation is allowed.

Submission of review and case assignment will be in the following class.

Late submission will be penalized by 10% per day.

Coping and pasting in assignments are not accepted. If found, no mark will be given.

Quizzes will be taken following the classes.

There will be at least Two Internal Tests as per this detailed schedule within class schedule.

There is no make up Test.

Reading Materials Garrison, Ray H and Noreen, Iric W (2003). Managerial

Accounting; New York: Tata McGraw (GN) Horngren, C. T.; Sundem, G. L. and Stratton, W. O: Introduction

to Management Accounting; Pearson Education; New Delhi. (Thirteenth edition) (HSS)

Koirala, M.P., Gyawali A, Fago, G, Subedi, D and Niroula, H (2010) Management Accounting: Kathmandu: Budhha Academics enterprises P. ltd. (KGFSN)

Bajracharya et al. (2006) Management accounting; Katmandu: Asmita Books and stationery (BOGS)

Drury, Colin: Management and cost accounting (Fifth Edition 2000); Business Press Thomson Learning (CD)

Ronald W. Hilton: Managerial Accounting: Creating Value in a Dynamic Business Environment; TATA McGraw-Hill Publishing Company Limited, New Delhi;