Download MA notes PDF for IPU. Management Accounting is generally taught in the 3rd semester of GGSIPU BBA program.
UNIT 3 Budgets and Budgetary Control:
- Concept of Budgets and Budgetary Control
- Advantages and Limitations of Budgetary Control
- Establishing a System of Budgetary Control
- Preparations of different budgets
- Fixed and Flexible Budgeting
- Performance budgeting and Zero Base Budgeting
- Concept of Responsibilities Accounting- Types of Responsibilities Centers
- Standard Costing and Variance Analysis
- Meaning of Standard Cost
- Relevance of standard cost for variance analysis
- Significance of variance analysis
- Computation of labor variances
- Computation of Material variances
- Computation of overhead variances