Marginal Costing – Marginal Cost and Marginal Costing – Importance – Break-Even Analysis – Cost Volume Profit Relationship – Application of Marginal Costing Techniques, Fixing Selling Price, Make or Buy, Accepting a Foreign Order, Deciding Sales Mix.Ĭost Accounting – Elements of Cost – Types of Costs – Preparation of Cost Sheet – Standard Costing – Variance Analysis – Material Variances – Labour Variances – Simple Problems Related to Material And Labour Variances Only.įinancial Accounting Notes PDF Financial Accounting PDFįinancial Accounting Notes What is Financial Accounting?įinancial Accounting Definition: Financial accounting is the process of preparing financial statements that companies’ use to show their financial performance and position to people outside the company, including investors, creditors, suppliers, and customers.
Funds Flow Analysis – Funds From Operation, Sources, and Uses of Funds, Preparation of Schedule of Changes In Working Capital and Funds Flow Statements – Uses And Limitations – Cash Flow Analysis – Cash From Operation – Preparation of Cash Flow Statement – Uses and Limitations – Distinction Between Funds Flow and Cash Flow – Only Simple Problems