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                                                                             SYLLABUS
                                                  COST & MANAGEMENT ACCOUNTING – IV
CHAPTER I -FUND FLOW ANALYSIS 
« Concept of fund and flow
« Identification of flow of funds
« Fund flow statement
« Statement of changes in working capital
« Sources of funds and application of funds
« Uses of fund flow statement
« Drawback of fund flow statement

CHAPTER II : CASH FLOW ANALYSIS-as per AS(R3) 
« Concept of cash flow
« Cash flow Vs Fund flow
« Uses of Cash flow and limitations of cash flow.
« Sources and Application of funds

CHAPTER III: MARGINAL COSTING 
« Nature, merits and limitations
« Marginal costing Vs Absorption costing
« Cost-Volume-Profit relationship
« Marginal cost equations and Break-even Analysis
computation of Break-even point, P/V ratio, Margin of safety.

CHAPTER IV: BUDGETARY CONTROL 
« Nature and scope
« Procedure in Budget Preparation
« Types of Budget: Sales Budget, Production Budget, Production
Cost Budget and Purchase Budget with problems

CHAPTER V: STANDARD COSTING
« Meaning
« Standard costing Vs Budgetary control
« Merits and demerits of standard costing

CHAPTER VI: VARIANCE ANALYSIS
« Material and labour cost variances and their computation