6ME6.4: FINANCIAL MANAGEMENT (Elective)

 

 

Management Accounting: Concept, objects, functions and its nature, Financial Accounting V/s Management Accounting, Modification of financial data of serve managerial needs, scope of management Accounting, Conventions of Management Accounting.
Financial planning: Need for financial planning, objects of financial plan, factors, limitations, financial guide lines.
Concept of working Capital: Kind, nature, Significance of working capital and working capital Financing
Long term Financing: Sources, Uses, Limitations, Comparative Analysis.
Financial statements: Basic concepts underlying financial accounting, Balance sheet, Profit & Loss Account, Sources & uses of funds statement Working capital, Cash & Total resources Basis.
Financial analysis: Ratio analysis - Types of Ratio, Liquidity Ratios, Capital Structure Ratios, Profitable Ratios, Turnover Ratios: Time series Analysis, Index analysis, Comparative common size analysis.
Analysis of Leverage: Types of Leverage, Financial Leverage, Operating Leverage & combined Leverage.
Financial control: Concept and Nature. Aims and Techniques. Characteristics of a sound system of financial control.


List of Recommended Books:

  1. Financial Management - Principles and practices, I.M.Pandey. Vikas Publishing House.

  2. Management Accounting Financial Accounting & Holding Company Accounts, Nagarathnam S.:S. Chand & Comapany

  3. Financial Management Theory & Practice, Prasana Chanda, Tata McGraw Hill

  4. Financial Management: An analytical and Conceptual Approach, Kuchal, S.C., Chaitanya Publishing House.