Introduction to Financial Accounting - Generally accepted accounting principles - Double Entry System - Preparation of Journal, Ledger and Trial Balance - Preparation of Final Accounts: Trading, Profit and Loss Account and Balance Sheet.

Nature and Objectives of Financial Statements - Uses & Limitations of Financial Statements - Comparative statements - Common size statements - Financial ratio analysis - Du-Point Analysis Cash flow (as per Accounting Standard 3) and Funds flow statement - Trend Analysis.

Cost Accounting - Classification of Costs - Cost Sheet - Job Costing - Process costing.

Marginal Costing - Cost, Volume, Profit Analysis - Break Even Analysis - Decision making problems - Make or Buy decisions -Determination of sales mix - Exploring new markets.

Budgetary Control - Sales, Production, Cash flow, fixed and flexible budget - Practical workings in accounting software & Spread sheet.