Accounting basics /

1. Fundamental of management accounting 1.1 Definition of management accounting 1.2 Nature of management accounting 1.3 Functions of management accounting 1.4 Scope of management accounting 1.5 The Management accountant 1.6 Limitations of management accounting 2. Financial statements and accounting of non-profit organization 2.1 Accounting for insurance 2.2 Meaning of incomplete records 2.3 Ascertainment of profit or loss by preparing the statement of affairs 2.4 Meaning of financial statements 2.5 Revenue expenditure 3.Analysis of accounting information and inventory system 3.1 Financial statement analysis and applications 3.2 Statement of cash flow 3.3 Preparation and interpretation 3.4 Inventory system 3.5 Selection stock control 3.6 Material loss in cost accounting 4. Labour costing and accounting treatment 4.1 Types of labour cost 4.2 Control of labour cost 4.3 Methods of remuneration 4.4 Bonus of incentives schemes 4.5 Understand the accounting treatment equivalent production 4.6 Inter process profit 4.7 Describes the joint product, by-product are excluded 5. Fund flow statement 5.1 Funds flow analysis 5.2 Components of flow of funds 5.3 Fund flow statements 5.4 Preparation of fund flow statement 5.5 Limitation of fund-flow statement 6. Cash flow statements 6.1 Meaning of cash flow statements 6.2 Concept and preparation 6.3 Comparison between cash flow statements and fund flow statements

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