Managerial Accounting

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Managerial Accounting

Managerial Accounting is a specialized branch of accounting that keeps track of a company’s financial transactions and provides relevant information to external parties such as investors, creditors and tax authorities. Using standardised guidelines, the transactions are recorded, summarised, and presented in a financial report or financial statement such as income statement or a balance sheet.

The aim of this course is to introduce the student to the business concepts and methods used to report managerial performance information to internal users and managers to assist in making sound business decisions in managing the firm. This course will help the student to understand the fundamental concepts of managerial accounting.

  • Mobile App based Learning
  • Online Learning Portal
  • Audio video lectures by renowned subject experts
  • Self-Assessment tests

10+2 / Equivalent

3 Months


Mizoram students are exempted from paying Course Fee and are required to pay only the Examination & Certificate Fee of ₹ 800/-
Other students are required to pay ₹ 1200/- as Course Fees and Examination & Certificate Fees of ₹ 800/-

Unit I Introduction to Accounting
Unit II Basics of Financial Accounting and Preparation of Financial statements
Unit III Analysis of Financial statements
Unit IV Marginal Costing and Budgetary Control
Unit V Standard Costing, Variance Analysis and Responsibility Accounting