Finance Book Topics

FINANCIAL ACCOUNTING

Introduction – Introduction to Accounting

• Introduction to accounting and branches of accounting

Preparation of Final Accounts

• Preparation of final accounts
• Recording of business transaction basis of accounting
• Single entry system of bookkeeping
• Double entry system of bookkeeping
• Classification of accounts
• Rules of double entry or accounting rules
• Accounting cycle
• Journal
• Ledger
• Trial balance
• Income
• Expenditure
• Assets
• Liabilities
• Final accounts
• Trading account
• Profit and loss account
• Balance sheet
• Adjustments in financial accounting

Fund Flow Statement

• Introduction of fund flow statement
• Limitations of fund flow statement
• Steps in preparation of fund flow statement
• Problems and solutions fund flow statement

Cash Flow Statement

• Introduction cash flow statement
• Limitations of cash flow analysis
• Difference between cash flow analysis and flow fund analysis
• Steps preparation cash flow statement
• Problems and solutions cash flow statement

Ratio Analysis

• Ratio analysis significance of ratio analysis
• Advantages of ratio analysis
• Limitation of ratio analysis
• Classification of ratios
• Liquidity short term solvency ratios
• Long term solvency ratios
• Profitability ratios
• Activity or turnover ratios
• Leverage or capital structure ratios
• Test questions in ratio analysis
• Ratio analysis problems and solutions

Fixed Assets and Depredation

• Fixed assets and depreciation meaning causes objectives methods and basic factor

Cost Accounting

• Cost accounting concept objectives advantages limitations general principles and cost sheet

Job Costing

• Job costing
• Advantages of job order costing
• Limitations of job order costing
• Batch costing
• Test questions in job costing

Process Costing

• Introduction process costing
• Application of process costing
• Elements of production cost
• Differences between process costing and job costing
• Test questions in process costing

Activity Based Costing

• Activity based costing introduction concept and classification

Inventory Pricing and Valuation

• Introduction inventory pricing and valuation
• Techniques of inventory control
• Methods of valuation of inventories
• Test questions inventory pricing and valuation

Standard Costing

• Standard costing introduction
• Standard cost vs budgetary control
• Determination of standard costing
• Variance analysis
• Test questions in standard costing

Management Accounting

• Management accounting
• Objectives of management accounting
• Limitations of management accounting
• Differences between financial accounting and management accounting
• Differences between financial accounting and cost accounting
• Differences between cost accounting and management accounting
• Test questions management accounting

Marginal Costing

• Marginal costing
• Absorption costing
• Cost volume profit analysis
• Test questions of marginal costing

Relevant Cost for Decision Making

• Relevant cost for decision making
• Test questions relevant cost for decision making

Budget and Budgetary Control

• Budget and budgetary control
• Objectives of budgeting
• Classification of budget
• Test questions budget and budgetary control

Inflation Accounting

• Limitations of historical accounting
• Approaches to the price level accounting
• Disadvantages of inflation accounting
• Test question inflation accounting
• Problems and solution inflation accounting

Responsibility Accounting

• Introduction to responsibility accounting
• Advantages of responsibility accounting
• Responsibility centres
• Transfer price
• Test questions responsibility accounting

Financial Management

• Introduction to financial management
• Functions of the financial management
• Test question financial management

Dividend

• Introduction and types of dividend
• Dividend policy
• Conflicting theories
• Test questions dividend

Cost of Capital

• Concept of cost of capital
• Importance of cost of capital in decision making
• Different types of costs related to the cost of capital
• Determination of cost of capital
• Test questions cost of capital

Capital Structure

• Capitalization meaning
• Theory of capital structure
• Formulas of valuation of firms
• Test questions of capital structure

Working Capital

• Concepts of working capital
• Advantages or importance of working capital
• Determinants of working capital or factors determining working capital
• Sources of working capital
• Forecasting techniques of working capital
• Test questions working capital

Capital Budgeting

1. Concept of capital expenditure
2. Procedure for calculation
3. Capital rationing
4. Test question of capital budgeting

Chapter 1: Introduction to Operations Research

• Learning objectives and chapter outline
• Introduction detailed history of operations research
• Management systems
• Important features of operation research
• Types of operation research models
• Methodology of operation research
• Tools of operation research
• Important application of operation research
• Pitfalls in the use of operations research for decision making
• Some applications of linear programming
• Review and discussion questions limitations of operations research

Limitations of Operations Research

1. Limitations of operations research
2. Transportation models
3. Capital budgeting models
4. Blending models
5. Tipson formulating linear programming models
6. Graphical solutions

Chapter 2: Linear Programming – II

• Linear programming learning objectives and outline of chapter
• Introduction linear programming
• Formulation of linear programming problem
• Assumptions for resolving linear programming problems
• Potential applications of linear programming problems

CHAPTER 3:  Learning Objectives

• Introduction learning objectives
• Learning objectives and outline of chapter

Chapter 4: Linear Programming – III

• Duality in linear programming
• Duality in linear programming lpp
• Dual problems when primal in standard form
• Interpreting primal dual optimal solutions
• Dual simplex method
• Revised simplex method

Chapter 5: The Transportation Problems

• Learning objectives
• Transportation model
• Assumptions of transportation model
• North west corner rule
• Row minima method
• Column minima method
• Least cost method
• Vogels approximation method vam
• Performing optimality test
• The stepping stone method
• The modified distribution modi method or uv method

Chapter 6:  Assignment Model

• Learning objectives and chapter outline in assignment model
• Introduction assignment model
• Definition of assignment model
• Solution of assignment problems

PROBLEMS 

Minimization problems

Unbalanced problems

The travelling salesman problem

Chapter 7: The Sequencing Problems

• Learning objectives the transportation problems
• Learning objectives and chapter outline in sequencing problems
• Preface to sequencing problems
• Terminologies commonly used in sequencing problems
• Assumptions made while solving sequencing problems
• Classification of sequencing problems
• N jobs one machine case
• Rule of shortest processing time spt
• Wspt
• Priority sequencing guidelines
• Sequencing jobs through two machines
• N jobs 3 machine case
• Two jobs m machine case

Sequencing problem as assignment problem

• Special case of traveling sales man problem

Chapter 8: Replacement theory

• Replacement theory learning objectives and chapter outline
• Replacement theory introduction
• Replacement of goods which degrades with time without considering any change in value of money
• Replacement policy of machinery whose operating cost auguments with time and its value for money also changes at a constant rate with time
• Replacement policy for equipment which suddenly fails
• Replacement policy for equipment which suddenly fails individual replacement policy
• Replacement policy
• Group replacement policy
• Manpower replacement policy staffing policy

Chapter 9: Waiting line (queuing) theory

• Learning objectives and chapter outline for waiting line queuing theory
• Objective and models of the theory
• Benefits and limitations of queuing theory
• Limitations of queuing theory
• Important terms used in queuing theory
• Types of queuing models
• Single channel queuing model