SCDL Keywords-Management Accounting-MA

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	Management Accounting
sl no.	unit 1:- introduction	pg no.	bk-1
1	profitability statement	2	bk-1
2	balance sheet	2	bk-1
3	financial statement	2	bk-1
4	streams of accounting	3	bk-1
5	financial accounting	3	bk-1
6	cost accounting	3	bk-1
7	Management Accounting	3	bk-1
8	going concern principle	5	bk-1
9	valuation of inventory	5	bk-1
10	calculation of depreciation	5	bk-1
11	cost accounting	6	bk-1
12	Management Accounting	7	bk-1
13	emergence of management accounting	7	bk-1
14	definition of management accounting	8	bk-1
15	objects of management accounting	9	bk-1
16	scope of management accounting	10	bk-1
17	accounting	10	bk-1
18	financial accounting	10	bk-1
19	cost accounting	10	bk-1
20	cost control procedures	10	bk-1
21	reporting	10	bk-1
22	taxation	11	bk-1
23	audit	11	bk-1
24	methods and services	11	bk-1
25	disadvantages/ limitations of management accounting	11	bk-1
26	financial accounting Vs. cost accounting	12	bk-1
27	financial accounting Vs. management accounting	14	bk-1
28	cost accounting Vs management accounting	16	bk-1
			bk-1
	unit 2:- basics of financial accounting		bk-1
1	accounting principles	22	bk-1
2	accounting concepts	22	bk-1
3	business entity concept	22	bk-1
4	dual aspect concept	23	bk-1
5	going concern aspect	23	bk-1
6	accounting period concept	24	bk-1
7	cost concept	24	bk-1
8	money measurement concept	24	bk-1
9	matching concept	24	bk-1
10	accounting conventions	25	bk-1
11	convention of conservation	25	bk-1
12	convention of materiality	25	bk-1
13	convention of consistency	26	bk-1
14	systems of accounting	26	bk-1
15	cash system of accounting	26	bk-1
16	mercantile or accrual system of accounting	26	bk-1
17	assets	27	bk-1
18	account	27	bk-1
19	balance sheet	27	bk-1
20	bills payable	27	bk-1
21	bills receivable	27	bk-1
22	brought forward	27	bk-1
23	capital	27	bk-1
24	carried forward	28	bk-1
25	cash discount	28	bk-1
26	casting	28	bk-1
27	credit note	28	bk-1
28	creditor	28	bk-1
29	credit side	28	bk-1
30	debit side	28	bk-1
31	debit note	28	bk-1
32	debtor	28	bk-1
33	depreciation	28	bk-1
34	drawings	28	bk-1
35	entry	28	bk-1
36	folio	28	bk-1
37	journal	28	bk-1
38	ledger	29	bk-1
39	liabilities	29	bk-1
40	narration	29	bk-1
41	posting	29	bk-1
42	to credit	29	bk-1
43	to debit	29	bk-1
44	trade discount	29	bk-1
45	voucher	29	bk-1
46	types of expenditure	30	bk-1
47	revenue expenditure	30	bk-1
48	deferred revenue expenditure	30	bk-1
49	initial advertisement expenditure	30	bk-1
50	Research and development expenditure	30	bk-1
51	preliminary expenses, company formation expenses	30	bk-1
52	double entry book keeping	31	bk-1
53	types of accounting	32	bk-1
54	personal accounts	32	bk-1
55	real account	32	bk-1
56	nominal account	33	bk-1
57	rules of double entry book keeping	33	bk-1
58	debit the receiver, credit the giver	33	bk-1
59	debit what comes in , credit what goes out	33	bk-1
60	debit all expenses, credit all incomes	33	bk-1
61	depreciation accounting	34	bk-1
62	use factor	34	bk-1
63	time factor	34	bk-1
64	obsolesce	34	bk-1
65	need for depreciation accounting	34	bk-1
66	methods for calculating depreciation	35	bk-1
67	time usage cost of maintaining fixed assets, provision of funds for replacing assets	35	bk-1
68	straight line method	35	bk-1
69	written down value method- reducing balance	36	bk-1
70	production unit method	37	bk-1
71	production hour method	37	bk-1
72	joint factor rate method	38	bk-1
73	revaluation method	38	bk-1
74	renewal method	38	bk-1
75	practical consideration relating to depreciation	39	bk-1
76	is depreciation a cost	41	bk-1
77	does depreciation generate fund for replacement of assets	41	bk-1
			bk-1
	unit 3:-process of accounting		bk-1
1	journalizing	48	bk-1
2	compound journal entry	51	bk-1
3	subsidiary books	51	bk-1
4	cash book	52	bk-1
5	purchase register or purchase day book	52	bk-1
6	sales register or sales day book	52	bk-1
7	purchase return register	52	bk-1
8	sales return register	53	bk-1
9	journal proper	53	bk-1
10	ledger posting	53	bk-1
11	control ledger	54	bk-1
12	sundry creditors	54	bk-1
13	sundry debtors	54	bk-1
14	advances to staff	54	bk-1
15	balancing of ledger accounts	55	bk-1
16	trial balance	56	bk-1
17	preparation of final account from trial balance	57	bk-1
18	profitability statement	57	bk-1
19	balance sheet	57	bk-1
20	profit and loss account	57	bk-1
21	manufacturing account	58	bk-1
22	trading account	58	bk-1
23	profit and loss account	59	bk-1
24	profit and loss appropriation account	60	bk-1
25	liabilities- capital . Long term liabilites,current liabilities	61	bk-1
26	assets- fixed assets	61	bk-1
27	investment	62	bk-1
28	current assets	62	bk-1
29	adjustments	63	bk-1
30	closing stock	63	bk-1
31	depreciation	63	bk-1
32	outstanding expenses	63	bk-1
33	prepaid expenses	64	bk-1
34	accrued expenses	64	bk-1
35	income received in advance	64	bk-1
36	bad debts	65	bk-1
37	provision for doubtful debt	65	bk-1
38	provision for discount on debtors	65	bk-1
39	interest on capital	66	bk-1
40	drawings	66	bk-1
41	deferred revenue expenditure written off	67	bk-1
42	abnormal loss due to fire etc	67	bk-1
43	goods distributed a free samples	68	bk-1
44	goods sent on approval basis	68	bk-1
45	commission payable to manger	68	bk-1
			bk-1
	unit 4:- bank reconciliation statement		bk-1
1	reason for differences in cash book and pass book	100	bk-1
2	cheque issued but not debited	100	bk-1
3	cheque deposited but not cleared	100	bk-1
4	preparation of bank reconciliation statement	102	bk-1
			bk-1
	unit 5:-rectification of errors		bk-1
1	errors in accounting	126	bk-1
2	errors of omission	126	bk-1
3	errors of commission	126	bk-1
4	errors of principle	126	bk-1
5	compensating error	126	bk-1
6	effect of error on trial balance	127	bk-1
7	wrong totaling of subsidiary books	127	bk-1
8	posting on wrong side of the account	127	bk-1
9	omission of posting an amount in the edger	127	bk-1
10	posting of wrong amount	127	bk-1
11	error in balancing	128	bk-1
12	errors not affecting trail balance	128	bk-1
13	errors of principle	128	bk-1
14	errors of omission	128	bk-1
15	errors of commission	128	bk-1
16	recording of wrong amount in the books of prime entry or subsidiary book	128	bk-1
17	compensating errors	128	bk-1
18	steps in locating errors	129	bk-1
19	methods to rectify errors	130	bk-1
20	suspense account	131	bk-1
			bk-1
	unit 6:-cost accountancy		bk-1
1	concept of cost center	144	bk-1
2	impersonal and personal cost centers	145	bk-1
3	production and service cost centre	145	bk-1
4	different types of cost	145	bk-1
5	direct and indirect cost	145	bk-1
6	fixed, variable and semi-variable / semi-fixed cost	146	bk-1
7	controllable and uncontrollable cost	146	bk-1
8	normal cost and abnormal cost	147	bk-1
9	special types of cost	147	bk-1
10	opportunity cost	147	bk-1
11	differential cost	148	bk-1
12	sunk cost	148	bk-1
13	installation of costing system	148	bk-1
14	nature of the product	148	bk-1
15	nature of the organisation	149	bk-1
16	manufacturing process	149	bk-1
17	simplicity and cost	149	bk-1
18	reporting system	149	bk-1
			bk-1
	unit 7:-elements of cost		bk-1
1	material	154	bk-1
2	labour	154	bk-1
3	expenses	155	bk-1
4	prime cost	155	bk-1
5	overhead	155	bk-1
6	factory overheads	156	bk-1
7	office and administration overhead	156	bk-1
8	selling and distribution overhead	156	bk-1
9	cost sheet/ cost statement	157	bk-1
10	prime cost	158	bk-1
11	factory/works cost	158	bk-1
12	total cost	158	bk-1
13	cost of sales	158	bk-1
14	sales	158	bk-1
15	non- operating financial income	159	bk-1
16	non -operating /financial expenses	159	bk-1
17	gross profit	159	bk-1
18	operating profit	159	bk-1
19	net profit	159	bk-1
			bk-1
	unit 8:-material costs		bk-1
1	direct material	182	bk-1
2	indirect material	182	bk-1
3	stages in the movement of material	182	bk-1
4	procurement of material	182	bk-1
5	purchase requisition	183	bk-1
6	material to be purchased	183	bk-1
7	when it is requires	183	bk-1
8	how much to be purchased	183	bk-1
9	overstocking	183	bk-1
10	under stocking	183	bk-1
11	selection of sources of supply	185	bk-1
12	single tender	185	bk-1
13	limited tender	185	bk-1
14	open tender	185	bk-1
15	global tender	185	bk-1
16	comparative statement	185	bk-1
17	purchase order	185	bk-1
18	receipt and inspection	185	bk-1
19	checking invoice and accounting for purchases	188	bk-1
20	storing and issue of material	188	bk-1
21	receipt of material	188	bk-1
22	goods received note	189	bk-1
23	discrepancies in material receipts	189	bk-1
24	goods returned note	190	bk-1
25	excess quantity accepted	190	bk-1
26	excess quantity returned	190	bk-1
27	issue of material	191	bk-1
28	material requisition note	191	bk-1
29	return of material	192	bk-1
30	material returned note	192	bk-1
31	transfer of material	192	bk-1
32	material transfer note	193	bk-1
33	proper conduct of storage function	193	bk-1
34	bin card	194	bk-1
35	stores ledger	195	bk-1
36	valuation of material movements	197	bk-1
37	valuation of receipts	197	bk-1
38	valuation of issues	201	bk-1
39	first in first out	201	bk-1
40	last in first out	203	bk-1
41	average price method	205	bk-1
42	simple average method	206	bk-1
43	weighted average method	207	bk-1
44	highest in first out	209	bk-1
45	market price	209	bk-1
46	specific price	210	bk-1
47	standard price	210	bk-1
48	at the current price of issues	211	bk-1
49	treatment of shortages	211	bk-1
50	inventory control	211	bk-1
51	techniques of inventory control	211	bk-1
52	economic order quantity	211	bk-1
53	fixation of inventory levels	216	bk-1
54	maximum level	217	bk-1
55	minimum level	217	bk-1
56	re-order level	217	bk-1
57	danger level	218	bk-1
58	re-order level	218	bk-1
59	maximum level	218	bk-1
60	minimum level	218	bk-1
61	average level	218	bk-1
62	danger level	218	bk-1
63	average stock level	221	bk-1
64	inventory turnover	225	bk-1
65	ABC Analysis	226	bk-1
66	advantages of ABC Analysis	227	bk-1
67	bills of materials	228	bk-1
68	perpetual inventory system	229	bk-1
			bk-1
	unit 9:-labour cost		bk-1
1	personnel department	252	bk-1
2	time keeping department	252	bk-1
3	cost accounting department	252	bk-1
4	methods to ascertain labour cost	252	bk-1
5	time keeping	252	bk-1
6	methods of time keeping	253	bk-1
7	hand- written method	253	bk-1
8	token or disc method	253	bk-1
9	time recording clock method	254	bk-1
10	time booking	254	bk-1
11	daily time sheet	255	bk-1
12	weekly time sheet	255	bk-1
13	job card	256	bk-1
14	reconciliation of the time attended and the time booked	257	bk-1
15	methods of remunerating the workers	258	bk-1
16	time rate system	258	bk-1
17	payment by results	258	bk-1
18	incentive/bonus system	258	bk-1
19	indirect monetary remuneration	258	bk-1
20	non- monetary incentives	258	bk-1
21	principles of good wage payment system	259	bk-1
22	time rate system	260	bk-1
23	high wage plan	260	bk-1
24	differential time rate	261	bk-1
25	payment by result	261	bk-1
26	straight piece rate system	261	bk-1
27	piece rate with guaranteed time rate	261	bk-1
28	differential piece rate system	262	bk-1
29	Taylor differential piece rate system	262	bk-1
30	merrick differential piece-rate system	262	bk-1
31	Gantt task bonus system	264	bk-1
32	hasley premium system	264	bk-1
33	hasley-weir premium system	265	bk-1
34	rowan premium system	265	bk-1
35	wage payment system	267	bk-1
36	barth premium system	267	bk-1
37	Emerson's efficiency bonus system	267	bk-1
38	bedaux point system	269	bk-1
39	accelerating premium system	269	bk-1
40	Baum differential plan	271	bk-1
41	diemer system	271	bk-1
42	group incentive system	271	bk-1
43	indirect monetary remuneration	271	bk-1
44	profit sharing	271	bk-1
45	co-partnership	271	bk-1
46	non-monetary incentives	272	bk-1
47	important terms in case of labour cost	272	bk-1
48	labour turn over	272	bk-1
49	causes of labour turnover	273	bk-1
50	costs of labour turnover	273	bk-1
51	preventive costs	273	bk-1
52	replacement costs	274	bk-1
53	measurement of labour turnover	274	bk-1
54	separation method	274	bk-1
55	replacement method	274	bk-1
56	flux method	275	bk-1
57	idle time	277	bk-1
58	productive causes	277	bk-1
59	administrative causes	277	bk-1
60	economic causes	278	bk-1
61	treatment of idle time cost	278	bk-1
62	internal control problems in labour cost	278	bk-1
			bk-1
	unit 10:- overhead costs		bk-1
1	overhead classification	296	bk-1
2	element-wise classification	296	bk-1
3	function-wise classification	296	bk-1
4	variability wise classification	297	bk-1
5	fixed overhead	297	bk-1
6	variable overhead	297	bk-1
7	semi-variable overhead	297	bk-1
8	controllability wise classification	297	bk-1
9	normality -wise classification	297	bk-1
10	procedure for charging overheads	298	bk-1
11	allocation/ primary apportionment	298	bk-1
12	service or use basis	299	bk-1
13	survey basis	299	bk-1
14	ability to pay basis	299	bk-1
15	secondary apportionment	301	bk-1
16	repeated distribution method	304	bk-1
17	absorption	305	bk-1
18	direct material cost percentage rate	306	bk-1
19	direct wage percentage rate	306	bk-1
20	prime cost percentage rate	307	bk-1
21	labour hour rate	307	bk-1
22	machine hour rate	308	bk-1
23	actual Vs predetermined overhead absorption rates	312	bk-1
24	under and over absorption of overheads	313	bk-1
25	treatment of under or over absorbed overheads	314	bk-1
26	use of supplementary rat	314	bk-1
27	carrying over to the remaining period	315	bk-1
28	writing off to costing profit and loss account	315	bk-1
29	control overheads	317	bk-1
30	function wise	317	bk-1
31	variability wise	317	bk-1
32	normality wise	317	bk-1
33	planning	317	bk-1
34	implementation of plan	318	bk-1
35	measuring actual performance, comparison with plans and computing variances	318	bk-1
36	analysis of variances and decision making	318	bk-1
	unit 11:-marginal costing
1	classification of cost	2	bk-2
2	fixed cost	2	bk-2
3	variable cost	2	bk-2
4	the concept of marginal costing	4	bk-2
5	basic assumption made by marginal costing	4	bk-2
6	features of marginal costing	4	bk-2
7	marginal costing and cost-volume-profit relationship	5	bk-2
8	determination of marginal cost	5	bk-2
9	cost volume-profit relationship	5	bk-2
10	forms of operating statement	6	bk-2
11	single product company	6	bk-2
12	multi-product company	7	bk-2
13	basic concepts of marginal costing	7	bk-2
14	basic equation of marginal costing	7	bk-2
15	contribution	8	bk-2
16	profit volume ratio p/V	8	bk-2
17	break even point-BEP	9	bk-2
18	margin of safety	10	bk-2
19	graphical representation of cost volume profit relationships	15	bk-2
20	simple break even chart	15	bk-2
21	contribution break even chart	16	bk-2
22	profit graph	17	bk-2
23	practical application f marginal costing	18	bk-2
24	evaluation of performance	18	bk-2
25	profit planning	19	bk-2
26	fixation of selling price	23	bk-2
27	make or buy decision	25	bk-2
28	optimized product mix	26	bk-2
29	cost control	28	bk-2
30	flexible budget preparation	28	bk-2
31	the problem of key factor	29	bk-2
32	multiplicity of key factor	30	bk-2
33	limitations of marginal costing	33	bk-2
	unit 12:-budgetary control
1	budget and budgetary control	88	bk-2
2	advantages	89	bk-2
3	pre-requisites of the implementation of budgetary control	90	bk-2
4	deciding the budget centre	90	bk-2
5	deciding the budget period	90	bk-2
6	establishment of accounting records	91	bk-2
7	organization for budgetary control	91	bk-2
8	preparation of a budget manual	92	bk-2
9	determination of budget key factor	92	bk-2
10	types of budgets	93	bk-2
11	sales/marketing	93	bk-2
12	sales budget	93	bk-2
13	analysis of past trend	93	bk-2
14	reports by salesman	93	bk-2
15	market research and market survey	93	bk-2
16	general economic conditions	93	bk-2
17	selling and distribution cost budget	94	bk-2
18	advertising cost budget	94	bk-2
19	percentage of sales or profits	94	bk-2
20	funds available	95	bk-2
21	competitors policy	95	bk-2
22	production	95	bk-2
23	production budget	95	bk-2
24	coordination with sales forecast	96	bk-2
25	production capacity	96	bk-2
26	consideration of stocks	96	bk-2
27	management policy	96	bk-2
28	purchases budget	96	bk-2
29	personnel	97	bk-2
30	finance	97	bk-2
31	receipts and payment method	97	bk-2
32	operating cash flows	98	bk-2
33	net operating cash flows	98	bk-2
34	balance sheet method	98	bk-2
35	adjusted profit/losses method	99	bk-2
36	miscellaneous budgets	99	bk-2
37	overhead cost budget	99	bk-2
38	capital expenditure budget	99	bk-2
39	master budget	100	bk-2
40	fixed and flexible budget	100	bk-2
	unit 13:- standard costing
1	standard cost and standard costing	134	bk-2
2	advantages of standard costing	135	bk-2
3	limitations of standard costing	136	bk-2
4	comparison of standard costing and budgetary control	137	bk-2
5	preliminaries for establishing standard costing system	138	bk-2
6	establishment of cost centers	139	bk-2
7	design of accounts	139	bk-2
8	establishment of standards	139	bk-2
9	basic standards and current standards	140	bk-2
10	ideal standards	140	bk-2
11	expected standards	140	bk-2
12	normal standard	140	bk-2
13	direct material cost	141	bk-2
14	price standard	141	bk-2
15	use standard	141	bk-2
16	direct labour cost	141	bk-2
17	wage rate standard	141	bk-2
18	labour efficiency standard	142	bk-2
19	overhead cost	142	bk-2
20	reporting variances	143	bk-2
21	analysis of variances	143	bk-2
22	material cost variances	144	bk-2
23	material price variances	145	bk-2
24	actual quantity (actual price- standard price)	145	bk-2
25	material usage variances	145	bk-2
26	material mix variances	146	bk-2
27	material yield variances	147	bk-2
28	labour cost variances	149	bk-2
29	wage/ labour rate variances	150	bk-2
30	labour efficiency time variances	150	bk-2
31	idle time variances	151	bk-2
32	labour mix variances- gang composition variance	151	bk-2
33	labour yield variances	152	bk-2
34	overhead cost variances	154	bk-2
35	variable overhead variance	154	bk-2
36	overhead cost variances	155	bk-2
37	overhead expenditure variance	155	bk-2
38	overhead efficiency variance	155	bk-2
39	fixed overhead variances	155	bk-2
40	overhead cost variances	156	bk-2
41	expenditure variances	156	bk-2
42	volume variances	156	bk-2
43	efficiency variance	157	bk-2
44	capacity variance	157	bk-2
45	calendar variance	157	bk-2
46	computation of fixed overhead variances	157	bk-2
47	on the basis of units of production	158	bk-2
48	overhead cost variances	158	bk-2
49	expenditure variances	158	bk-2
50	volume variances	158	bk-2
51	efficiency variance	158	bk-2
52	capacity variance	158	bk-2
53	calendar variances	158	bk-2
54	on the basis of hours	161	bk-2
55	overhead cost variances	161	bk-2
56	expenditure variances	161	bk-2
57	volume variances	161	bk-2
58	efficiency variance	161	bk-2
59	capacity variance	161	bk-2
60	calendar variances	161	bk-2
61	sales variances	164	bk-2
62	sales value variances	164	bk-2
63	sales price variances	164	bk-2
64	sales volume variances	165	bk-2
65	sales mix variances	165	bk-2
66	sales quantity variances	165	bk-2
67	margin/profit method	168	bk-2
68	total sales margin variances	168	bk-2
69	sales margin price variances	168	bk-2
70	sales margin volume variances	168	bk-2
71	sales margin mix variances	169	bk-2
72	sales margin quantity variances	169	bk-2
	unit 14:- uniform costing
1	scope of uniform costing	194	bk-2
2	requisites of uniform costing	194	bk-2
3	advantages	195	bk-2
4	disadvantages	196	bk-2
5	fields covered by uniform costing	197	bk-2
6	uniform cost manual	198	bk-2
7	introduction	198	bk-2
8	organisation	198	bk-2
9	cost accounting system	198	bk-2
10	presentation of information	198	bk-2
11	miscellaneous	198	bk-2