Standardized Outline for Courses

Part A: Basic Details

Name of Course Accounting for Management

Course Instructor(s)
Prantik Ray ([email protected])
(please provide email id)
Academic Associate(s)
Itika ([email protected])
(please provide email id)

Area Finance

Program HRM

Term I

Type of Course
Core
(Core/Elective/Workshop)

Number of Credits 3

Number of Classroom Contact

20
Hours
Course Pre-requisites (if any,
including cut-off grades in None
specific core courses)
Financial Accounting- A Managerial Perspective
Course Textbook
(Narayanaswamy)
Course Handout to be Provided
Yes
(Yes/No)
No. of Sessions to be taken by
Nil
Guest Faculty
Name of Guest Faculty (if
NA
identified)

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Part B: About the Course

Course Description This course aims at inculcating the basic

accounting skills required by today’s HR
managers. Knowledge of accounting will help
the managers to understand the financial
implications as well appreciate the concerns
raised by the other domain managers. The
course covers the overview of the financial
statements, mechanics of recording financial
transactions, preparation of various books of
accounts, preparation of final accounts and
analysis of financial statements. The course
will also introduce the students of the
intricacies of different accounting policies
which have a deep impact on the balance
sheet and income statement of the company.
Course Learning Objectives After completing the course the students are
expected to acquire the necessary skill to
understand the logic of accounting, to
evaluate the financial health of a particular
organisation and to scan and rectify any errors
or mistakes committed in the accounting
process. The primary objective of this basic
course is to expose the students to the
language of business and to improve their
decision making ability.
Who is the course suitable for? (for electives
only)

Part C: AOL - Learning Goals Mapping at the Course Level*

AOL Learning Goal (PLO) Relevance for Course (put a tick)

Decision Making Yes

Quest for Excellence

Sustainability

Global Mindset

Please indicate the rationale for choosing the Response: The students will be dealing with
specific learning goal(s) for this course accounting information and coming to a
particular solution as per the requirement. The

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 Standardized Outline for Courses

process will include all three components

visualization of problem, analysis of the
information, narrowing down to the solution.

*Description appended at the end of the document

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Sessions Session Coverage Readings

1 Introduction to Accounting – Different 1. Chapter 1 (FA)

Types of Financial Statements and
2. Case:
Relations among them – Major Items
of P&L A/c and B/S – Financial a. Tata Steel
Reporting Issues and Uses of Financial
Statements

2–4 Accounting Concepts and Principles – 1. Chapter 2 (FA)

Underlying Balance Sheet and Profit &
2. Cases:
Loss Account
a. Accounting Primer

b. Baron Coburg

c. Smokey Valley Café

d. Maynard Company (A)

e. Music Mart

5-9 Accounting Mechanics: Preparation of 1. Chapter 3,4 (FA)

Financial Statement – Making Journal
2. Cases:
Entries – Posting to Cash Book and
Ledger – Preparing Unadjusted Trial a. Masters Fuel Oil Company
Balance – Creation of Suspense
Account – Making Various Adjustment b. Latif Khan Architect
Entries – Preparing Adjusted Trial c. Apple Tree Day Care Centre
Balance – Preparing P&L A/c, P&L

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Appropriation Account and Balance d. PC Depot

Sheet.
e. Save Mart

f. Copies Express

g. Thumbs Up Video

h. Ribbons and Bows

10-12 Financial Statement Analysis – Ratio 1. Chapter 12 (FA)

Analysis, Trend Analysis, Common
2. Cases:
Size Analysis
a. Tata Steel

b. Anandam Manufacturing
Company

c. University of Regina

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13-14 Fixed Asset Accounting—Different 1. Chapter 6 (FA)

Methods of Depreciation and their
2. Readings:
Impacts on the Financial Statements –
Accounting Treatments of 17. Expense Recognition
Depreciation
18. Long lived Fixed Assets

19. Accounting for Plant, Property

and Equipment

3. Cases:

a. Jet Airway’s Change in

Accounting Policies

b. McPhee Distillers

c. Wild River Tours

d. Bramos Printing Company

Inventory Accounting Methods-Effect 1. Chapter 5 (FA)

on the Financial Statements
15-16 2. Cases:

a. Merrimack Tractors-LIFO or
FIFO

b. All that Glitters is Gold

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Revenue Recognition Policies and the 1. Chapter 7 (FA)

impact on Firm’s financial Statements
17 2. Cases:

a. McPhee Distillers

18-19 Introduction to Management Readings:

Accounting-CVP Analysis
24. Introduction to managerial
Decision Making using Marginal accounting
Costing Framework
25. A Brief Introduction to cost
accounting

26. The behavior of costs

27. Cost System Analysis

Cases:

a. Prestige Telephone Company

b. B W Manufacturing

20 Introduction to Sustainable Reporting To be Decided

and Finance

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Details of Evaluation Components

Evaluation Module Yes/No Weightage for the PLO sub-dimension measured Average Number of Hours of Work
Evaluation Component1 Outside Classroom2
End-Term Yes 30 Analysis of the information 20
Narrowing on the solution
Quizzes (2 in number) Yes 40 (20% for each quiz) Visualization of problem 30
Analysis of the information

Assignments Yes 30 Visualization of problem 20

Analysis of the information

Class Participation No

Presentation No

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