Module : IS5311 Financial Management

Type : GE - 3
No. Credits : 3
Prerequisites : None

Objective:
Introduce to the student the basics of financial and cost accounting

Intended Learning Outcomes:

Student understands the techniques of financial accounting and how to evaluate the financial
health of an organization; learns the management accounting concepts in decision making.

Content:
Basic accounting concepts, Financial Accounting: Balance Sheet, Profit and Loss Account, Cash flow
statements, Interpretation of accounts, Management Accounting; Cost concepts; Cost-volume-
Profit analysis and Decision Making, Project Appraisal.

Organization
1. Basic accounting concepts
2. Financial Accounting:
Balance Sheet, Profit and Loss Account
3. Cash flow statements
4. Interpretation of accounts
5. Management Accounting;
Cost concepts; Cost-volume-Profit analysis and Decision Making;
6. Project Appraisal

Mode of Assessment:
Continuous Assessment 40%
(a) Tutorial and assignment 30%
(b) Quizzes 10%

End Semester Examination 60%

Necessary condition to pass the module:

Earn at least 50% of the marks of continuous assessment and 80% of class attendance is compulsory.

References:
1. Accounting and Finance for non-specialists‘Peter Atrill and Eddie McLaney (1997) 2nd Ed.,
Prentice-Hall,USA.
2. Management and Cost Accounting‘Colin Drury (1996) 4th Ed., International Thomson Business
Press, UK. Financial Accounting: An Introduction ‘Pauline Weetman (1996) Pilman Publishing,
London.
3. Management Accounting‘R.S.N. Pillai and Bagavathi (2000) S. Chand & Co, New Delhi.
4. Engineering Economic and Cost Analysis‘Cortland A. Collier and C.R. Glagola (1998) 3rd Ed.,
Addison-Wesley, USA.