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BBA Management Accounting Notes Unit 3


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Category: Notes

Subject: Management Accounting

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

Last Updated: July 17, 2022