FINANCIAL MANAGEMENT & COST ACCOUNTING 4 (3+1)
Course Outline

Module 1: Introduction to financial management

Lesson 1. Introduction to Financial Management
Lesson 2. Finance and Accounting
Lesson 3. Finance and Accounting
Lesson 4. Types of Accounting

Module 2: Accounting procedure

Lesson 5. Types of accounts and rules for Debit and Credit
Lesson 6. Introduction to Journal
Lesson 7. Preparation of Journal
Lesson 8. Posting in Ledgers and Balancing the Ledgers
Lesson 9. Subsidiary book - Cash Book
Lesson 10. Purchase Book and Sales Book
Lesson 11. Purchase Return Book, Sales Return Book, Bills payable and Bills receivable books

Module 3: Trial balance, bank reconciliation, depreciation and final accounts

Lesson 12. Trial Balance –preparation, limitations and Method of preparing Trial Balance
Lesson 13. Bank Reconciliation
Lesson 14. Capital and Revenue Expenditure
Lesson 15. Introduction and preparation Trading Account
Lesson 16. Introduction and Preparation of Profit and Loss Account
Lesson 17. Balance Sheet

Module 4: Financial statement analysis

Lesson 18. Introduction to financial statements
Lesson 19. Types of ratios/ liquidity
Lesson 20. Capital structure ratio
Lesson 21. Activity ratios
Lesson 22. Profitability ratios
Lesson 23. Importance and limitations of financial ratios

Module 5: Investment decision

Lesson 24. Introduction, Nature of Investment Decisions, Type of Capital Budgeting Decisions
Lesson 25. Methods of Capital Budgeting, NPV Method, Time Value of Money
Lesson 26. NPV Method of Capital Budgeting
Lesson 27. IRR Method of Capital Budgeting
Lesson 28. PAY Back Period, Accounting Rate of Return Method
Lesson 29. Cost of Capital

Module 6: Working capital management

Lesson 30. Working Capital
Lesson 31. Factors Affecting Working Capital
Lesson 32. Working Capital Management, Inventory Management
Lesson 33. Receivables Management, Cash Management
Lesson 34. Financing of Working Capital
Lesson 35. Cost Volume Profit Analysis
Lesson 36. Determining Break Even Points, Break Even Charts, Margin of Safety
Lesson 37. Profit Volume Analysis

Module 7: Inventory management

Lesson 38. Introduction to Inventory Management
Lesson 39. Techniques of Inventory Management
Lesson 40. Economic Order Quantity model and ABC analysis
Lesson 41. Purchase Procedure
Lesson 42. Stores Management
Lesson 43. Codifications and Standardisation

Module 8: Costing

Lesson 44. Introduction to cost accounting
Lesson 45. Classification of costs
Lesson 46. Main elements of costs
Lesson 47. Valuation of inventory
Lesson 48. Labour cost and overheads