Management Accounting
By Ghanendra Fago (MBA, M Phil)
Main Objectives
 Provide in depth knowledge of management accounting concepts, tools and
techniques and encourage in application of these tools in planning, decision
making and control process.
Use management accounting principles, objectives and functions
Explain the concept of costs and classify them for managerial application
Facilitate the participants thinking critically and rationally for the allocation
of scarce and valuable economic resources among the available courses of
actions in the competitive business environment.
Enable management practitioners to apply accounting information in the
planning and decision making process.
 The teaching methodology of thus course will include a combination
of class lectures, case reviews, Presentation and problem solving
exercises, small case studies, project/term assignments, quizzes.
 Participants must complete their prior reading and works before
participating in the class.
Brief Outline of Topics
Overview of management Accounting
Unit 7
Unit- 8
Unit -9
Cost concept, classification, and estimation
Measurement of Income and Reporting
Cost Volume Profit Analysis
Standard Costing and Balance Scorecard (BSC)
Management control system and responsibility accounting
Profit Planning: A Tool of Strategic Planning and control
Relevant Cost for Decision- Making and Pricing
Long-term Investment Decisions –Risk and
Evaluation Criteria
 Attendance
: 05 Marks
 Quizzes ( at Least two)
: 05 Marks
 Cases and Reviews
: 15 Marks
 Individual Assignments/Cases/Presentation
: 15 Marks
 Term Paper/Project Work/Presentation
: 10 Marks
 Internal Tests ( two exams)
: 20 Marks
: 30 Marks
 Mid-term exam
 Students should earn marks as much as they can.
 Assignment should be submitted individually, but group consultation is allowed.
 Submission of review and case assignment will be in the following class.
 Late submission will be penalized by 10% per day.
 Coping and pasting in assignments are not accepted. If found, no mark will be given.
 Quizzes will be taken following the classes.
 There will be at least Two Internal Tests as per this detailed schedule within class schedule.
 There is no make up Test.
Reading Materials
 Garrison, Ray H and Noreen, IricW (2003). Managerial Accounting; New York: Tata
McGraw (GN)
 Horngren, C. T.; Sundem, G. L. and Stratton, W. O: Introduction to Management
Accounting; Pearson Education; New Delhi. (Thirteenth edition) (HSS)
 Koirala, M.P., Gyawali A, Fago, G, Subedi, D and Niroula, H (2010) Management
Accounting: Kathmandu: Budhha Academics enterprises P. ltd. (KGFSN)
 Bajracharya et al. (2006) Management accounting; Katmandu: Asmita Books and stationery
 Drury, Colin: Management and cost accounting (Fifth Edition 2000); Business Press
Thomson Learning (CD)
 Ronald W. Hilton: Managerial Accounting: CreatingValue in a Dynamic Business
Environment; TATA McGraw-Hill Publishing Company Limited, New Delhi;