Company Accounts, Costs and Management Accounting Syllabus For Company Secretary Executive

Objective  of Company Accounts, Costs and Management Accounting For Company Secretary Executive–Group1–Paper 1

To provide working knowledge of accounting principles and procedures for companies in accordance with the statutory requirements.

To acquaint the students with cost and management accounting techniques and practices.

Part A : Company Accounts (50 Marks)

 

1. Accounting standards – relevance and significance; national and international accounting standards.
2. Accounting for share capital transactions – issue of shares at par, at premium and at discount; forfeiture and re-issue of shares; buy-back of shares; redemption of preference shares; rights issue.
3. Issue of debentures – accounting treatment and procedures; redemption of debentures; conversion of debentures into shares.
4. Underwriting of issues ; acquisition of business ; profits prior to incorporation ; treatment of preliminary expenses.
5. Preparation and presentation of final accounts of joint stock companies as per company law requirements; bonus shares.
6. Holding and subsidiary companies – accounting treatment and disclosures; consolidation of accounts.
7. Valuation of shares and intangible assets.

Part B : Cost And Management Accounting (50 Marks)

8. Cost accounting – objectives of costing system; cost concepts and cost classification; management accounting – nature and scope; role of management accountant, tools and techniques of management accounting; distinction between financial accounting, cost accounting and management accounting.
9. Elements of cost :

(i) Material cost – purchase procedures, store keeping and inventory control, fixing of minimum, maximum and re-order levels, ABC analysis, pricing of receipts and issue of material and accounting thereof; accounting and control of wastage, spoilage and defectives.
(ii) Labour cost – classification of labour costs, payroll procedures, monetary and non–monetary incentive schemes; labour turnover and remedial measures; treatment of idle time and overtime.
(iii) Direct expenses – nature, collection and classification of direct expenses and its treatment.
(iv) Overheads – nature, classification, collection, allocation, apportionment, absorption and control of overheads.
10. Methods of costing – unit costing, contract costing.
11. Budgetary control – preparation of various types of budgets, advantages and limitations; budgetary control reports to management.
12. Marginal costing – application of marginal costing; cost–volume profit relationship; break–even analysis, preparation of break–even charts; profit – volume graph; practical application of profit volume ratio.
13. Analysis and interpretation of financial statements – nature, objectives; latest trends in presenting financial data; importance and limitations; accounting ratios – classification, advantages and limitations.
14. Cash flow statements – classification of cash flows, preparation and usefulness.

Study Materials For Company Accounts, Costs and Management Accounting For Company Secretary Executive–Group1–Paper 1

Title Author Publisher
Advanced Accounts-Vol. II M.C.Shukla, T.S. Grewal & S.C.Gupta S.Chand
Company Accounts R.L.Gupta & M Radhaswamy Sultan Chand
Advanced Accountancy-Vol. II S.P.Jain & K.L.Narang Kalyani Publishers
Corporate Accounting S.N.Maheshwari Vikas Publishing House
Advanced Accounting-Vol. 2 Ashok Sehgal & Deepak Sehgal Taxmann’s
Fundamentals of Corporate Accounting J.R.Monga Mayur Paperbacks
Cost and Management Accounting S.P.Jain & K.L.Narang Kalyani Publishers
Cost and Management Accouning M.N.Arora Himalaya Publishing House
Managmenet Accountaing R.S.N.Piallai Bhagvathi S.Chand
Cost and Management Accounting V.K.Saxena & C.D.Vashist Sultan Chand
A Text Book of Cost and Management Accounting M.N.Arora Vikas Publishing House
Cost and Management Accounting S.N.Maheshwari Sultan Chand
Cost Accounting S.N.Maheswari & S N Mittal shree Mahavir Book Depot
Management Accounting I.M.Pandey Vikas Publishing House
Cost and Management Accounting – A Managerial Emphasis C.T.Horngren Pearson Education

References for Company Accounts, Costs and Management Accounting For Company Secretary Executive–Group1–Paper 1

Title Author Publisher
International Financial Reporting Standards (IFRSs) Taxmann Publication
Indian Accounting Standards & GAPP Dolphy D’Souza Snow White Publications
Compendium of Accounting Standards The Institute of Chartered Accountants of India
Cost and Management Accounting S.P.Lyengar SultanChand
Advanced Management Accounting Ravi M.Kishore Taxmann Publication
Theory and Problems of Management and Cost Accounting M.Y.Khan & P.K.Jain McGraw-Hill Education
Advanced Management Accounting Kaplan & Atkinson Pearson Education
Cost Accounting Principles and Practice B.M.Lall Nigam & I.C. Jain Prentice Hall of India
Management and Cost Accounting Drury Colin International Thomson Business Press
Cost and Management Accounting Duncan Willamson Pearson Education
Managerial Accounting Dominiak & Louderback South Western College, Publishing Company
About Haja

Software Engineer by profession, Author and the Founder of "bench3" you can connect with me on Twitter , Facebook and also on Google+

Comments

  1. Hmm it looks like your website ate my first comment (it was extremely long) so I guess I’ll
    just sum it up what I wrote and say, I’m thoroughly enjoying your blog.
    I as well am an aspiring blog writer but I’m still new to everything.
    Do you have any suggestions for novice blog writers?
    I’d certainly appreciate it.

  2. It’s perfect time to make some plans for the future
    and it’s time to be happy. I have read this post and if I could I want
    to suggest you some interesting things or advice.
    Maybe you could write next articles referring to this article.
    I desire to read more things about it!

  3. Good day! This is kind of off topic but I need
    some advice from an established blog. Is it hard to set up your
    own blog? I’m not very techincal but I can figure things out pretty fast.
    I’m thinking about making my own but I’m not sure where to
    start. Do you have any ideas or suggestions? Many thanks

  4. We stumbled over here coming from a different page and thought I may as well check things out. I like what I see so now i am following you. Look forward to looking over your web page yet again.

  5. I all the time emailed this blog post page to all my contacts, for
    the reason that if like to read it after that my friends will too.

  6. Hi, just wanted to leave a post on the site to share the fantastic experience that was had with the above campaign. There was fantastic enquiries off the back of this. Fantastic customer service, great plan and would definitely work with Softech again. Check out the link to see the benefits for yourself (http://www.badger.co.uk/badger-news?aid=9539).

  7. I just want to mention I’m very new to weblog and definitely loved you’re page. Most likely I’m likely to bookmark your blog post . You amazingly come with good articles. With thanks for sharing with us your website page.

  8. Hrmm that was weird, my comment got eaten. Anyway I wanted to say that it’s wonderful to know that someone else also mentioned this as I had trouble finding the same info elsewhere. This was the first position that told me the answer. Thanks.

  9. I’m very happy to read this. This is the kind of manual that needs to be given and not the random misinformation that is at the other blogs. Appreciate your sharing this greatest doc.

  10. Attractive section of content. I just stumbled upon your website and in accession capital to assert that I acquire actually enjoyed account your blog posts. Any way I’ll be subscribing to your feeds and even I achievement you access consistently quickly.

  11. Wow! Thank you! I permanently needed to write on my blog something like that. Can I include a part of your post to my site?

  12. I will right away grab your rss feed as I can’t find your email subscription link or e-newsletter service. Do you have any? Kindly permit me realize in order that I may subscribe. Thanks.

  13. There’s noticeably a bundle to find out about this. I assume you made sure nice points in features also.

  14. Thank you for the sensible critique. Me and my neighbor were just preparing to do some research about this. We got a grab a book from our area library but I think I learned more clear from this post. I’m very glad to see such wonderful information being shared freely out there.

  15. Nice read, I just passed this onto a friend who was doing some research on that. And he just bought me lunch as I found it for him smile Thus let me rephrase that: Thanks for lunch!

  16. Keep working ,fantastic job!

  17. whoah this weblog is excellent i really like reading your posts. Stay up the great work! You understand, many people are looking round for this info, you can help them greatly.

  18. Dysport是A型肉毒桿菌素,為英國一所受嚴格監管的藥廠內透過高科技純化程序提煉的蛋白質。 Dysport更獲美國食品及藥物管理局FDA核准用於美容用途,肯定其效果及安全性。其能有效阻隔神經訊息傳達,令肌肉不受神經控制,減退因肌肉而過度收縮引致的面部動態性皺紋及放鬆過度活躍的肌肉,以達到瘦面、瘦小腿效果;亦能抑制汗腺掛汗的神經系統,有效減少汗水分泌,達到止汗​​及減少異味。Dysport 瘦面 溶脂 Dysport注射到咬肌內,抑制神經肌接頭處乙酰膽鹼遞質的傳遞,使咬肌張力變小而達到瘦臉效果。

Speak Your Mind

*