Course Outline – 2022-24

SOIL School of Business Design

ACCOUNTING FOR MANAGERS

Academic Year - 2022-2023

Course Code – 22-FA-101

Faculty: Dr.P.Malarvizhi & Dr.Manpreet Kaur Program: PGDM 2022-24

Email: [email protected] Credits – 3 ; Hours: 30
[email protected] Sessions: 24
Term: I

1. COURSE OVERVIEW

This course familiarizes students with the financial accounting concepts and its applications in managerial
decision-making. Objective of this course is to help students develop as an informed user of financial statement
information. Emphasis is placed on the interpretation and use of accounting information rather than its creation and
accumulation of data. Thus, the course does not target to train students to become an accountant.

This core module of accounting is fundamental to the understanding of all the finance and accounting courses
that follow. Even if you decide to go into other specialization such as human resources, marketing or operations,
this module remains equally important for you. As a manager you will require knowledge of accounting to
understand the implications of your decisions on the financial health of the organization.

This course is recommended for students who will be using accounting information for managing- manufacturing &service
operations; making strategic decisions; as well as those going into general consulting or thinking of starting their own
businesses. A variety of case studies in different industries and decision contexts are used to examine the application of
accounting concepts.

2. Course Objectives

The overall objective of this course is to develop the capacity to create, analyze and interpret financial information
of a company for business decisions. Using accounting information in decision making provide students with a
conceptual understanding of financial accounting and the skills required in applying knowledge for decision making..
Following the above, our focus will be on Understanding the financial reporting structure of an organization;

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Course Outline – 2022-24

Establishing association of business transactions and generation of accounting data; Developing the capacity to analyze
and interpret the financial information of a company; Using accounting information in decision making.

3. Learning Outcomes:
At the end of the course, it is expected that the following learning outcomes will be achieved. The class provides
opportunities for students to develop and demonstrate knowledge, understanding and skills in the following areas:
• Comprehend the association of business transactions and generation of accounting data
• Understand the structure that maps transactions into accounting numbers
• Analyze and Interpret financial health of an organization using accounting information

4. REQUIREMENTS / COURSE PRE-REQUISITES (from the students)

There is no pre-requisite to the module.

5. READING MATERIAL
5.1 Main Text Book
• “Financial Accounting - A Managerial Perspective” by R Narayanaswamy, Prentice-Hall of India, Fourth Edition (4e)
E Book
• Introduction to Financial Accounting by Henry Dauderis & David Annand, Lyryx Learning Team,
Version2019 – Revision B.
https://lifa1.lyryx.com/textbooks/ANNAND_1/marketing/DauderisAnnand-IntroFinAcct-2019B.pdf
5.2 Reference – Book
• Accounting: Text and cases, Robert N. Anthony, David F. Hawkins, Kenneth A. Merchant, 13th Edition, Mc Graw Hill.
• Principles and Practice of Cost Accounting by Ashish K. Bhattacharyya, Prentice-Hall of India, Third Edition
E Books
• “Financial Accounting – An Introduction to Concepts, Methods and Users” by Roman L. Weil, et al.,
South Western Cengage Learning, Fourteenth Edition 14 (e)
file:///E:/Books/Financial%20Accounting_%20An%20Introduction%20to%20Concepts,%20Methods%20and%2
0Uses%20(%20PDFDrive.com%20).pdf
• https://www.principlesofaccounting.com
• https://archive.org/details/ost-business-tbq_pa_accounting_chpt_01_08
• https://www.saylor.org/site/textbooks/Financial%20Accounting.pdf

6. Case Studies and Articles:

Shall be provided
• HBS Case Study: “Accounting at Mac Cloud winery” – (105081)
• HBS Case Study: “General Hardware Inc”- (UV8186)
• HBS Case Study: “Juliet's Lemonade Stands” – (BAB412)
• HBS Case Study: “Paramount projects Ltd” – (NA0708)

Other Reading Material

Financial Statements: Audited Financial Statements TATA Motors for Financial Year 2021-2022

7. PEDAGOGY & EVALUATION

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Course Outline – 2022-24

For this course class participation is crucial. You will be able to effectively participate in discussions only when you have
prepared yourself adequately well for the class. Please note the quality of learning in each session will be dependent on
how much knowledge we are able to create for each other.
Evaluation of the students would be based on the following parameters:
1. Quiz (2 nos) - 20%
2. Report Submission - 20%
3. Assignments / Case Study Analysis & Submission - 20%
4. End Term Written Exam - 40%

7.1 Evaluation Scheme:

Assessment Description Marks Submission

Component # Deadline
1. Quiz (2 nos) 20 In class, 7, 10
2 Project Submission 20 22
3 Assignment / Case Analysis 20 15
4 End Term 40 End of Term

*Class participation though is not as assessment component; students are expected to participate and create a learning experience. All
students shall be evaluated through participation in discussions during case discussions and presentation Q & A.
7.2 GRADING
Students shall be graded as per the institution policy. The scores shall be earned from the evaluations.
7.3 RE-EXAMINATION / SUPPLEMENTARY POLICY
Re-examination shall be conducted in suitable cases. Students shall submit a research paper to display understanding of concepts and
application covered in the course.
7.4 DETAILS OF EVALUATION
Component 1: Quiz: Students will be required to answer two quizzes of 10 marks each. The quizzes will be administered through
LMS and sequenced as mentioned in the outline. Please note, quizzes will not be repeated and a student will lose the marks assigned
in case of absence.
.
Component 2: Project submission: The students would be required to analyze the annual report of the company of their choice and
provide a comparative analysis vis-à-vis the industry. They would be required submit the soft copy of their report which will include
both qualitative and quantitative analysis. The marks would be given on the basis of individual involvement in preparing report. This
would be a group assignment as per SOBD assigned groups

The project report will:

• Measure the ability to analyze and interpret the financial statements of firms.
• Measure the ability to apply concepts to assess the financial health of companies.
• Measure the liquidity and profitability of firms through ratio analysis.

Component 3: Assignments / Case Study Analysis submission: Students will be required to submit inclass and take home
assignments/analyze case study distributed for discussion. Students will have to submit a copy of their analysis which will include both
qualitative and quantitative analysis. Marks will be awarded on the basis of individual / team involvement in assignment /case analysis
submission. This will be an Individual / Group submission as per SOBD assigned groups
The assignments/case analysis will:
• Measure the ability to analyze and interpret the financial information.
• Explain the role of financial analysis in managerial decision making

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Course Outline – 2022-24

Component 4: End-term Examination (2 hours): The closed book end term examination will cover the entire course. The end
term examination assess your understanding the financial reporting structure of an organization, your capacity to analyze and
interpret the financial statements of a company, and use the same in decision making.
7.5 GENERAL GUIDELINES, MINIMUM ATTENDANCE, LATE ENTRY POLICY
Late entry and late submission are not acceptable. In extreme cases, the students shall communicate with the faculty. Students
shall follow attendance policy as set up by the institution.

7.6 SESSION PLAN

Session No. Topics Readings / Cases

Session 1 Accounting and Economic Discussion: Role of accounting in economic
Decisions decision making.
Readings: Importance of Accounting Information in
Decision Making
https://stec.univ-ovidius.ro/html/anale/RO/2016/2016-I-
full/Section-V/32.Spatarelu_Ionut.pdf
Meaning & Scope of Accounting by ICAI
https://resource.cdn.icai.org/61786bos50279-cp1-u1.pdf
Session 2 Accounting Concepts & Discussion: Accounting Concepts, Principles and
Conventions Conventions
Readings: Types of Accounting Concepts
https://www.cfajournal.org/8-types-of-accounting-
concepts/
Accounting Concepts, Principles and Conventions
by ICAI
https://resource.cdn.icai.org/61787bos50279-cp1-u2.pdf

Sessions 3-4 Revenue Recognition and Cost Discussion: Accounting Cycle & Accrual Concept
Readings: https://resource.cdn.icai.org/61789bos50279-cp1-
u4.pdf
HBS Case Study: “Juliet's Lemonade Stands” – (BAB412)
Exercise: Case lets and Numerical Exercises
Quiz - 1
Tutorial - 1 Tutorial on Sessions 1 - 4
Sessions 5-8 Overview of Financial Discussion: How an income statement is prepared and
Statements: Income Statement what it communicates
Concepts Exercise: Understanding Income Statement through
TATA Motors TATA Motors Financial Statements – EXCEL based
Sessions 9-10 Overview of Financial Statements: Discussion: Understanding Balance Sheet
Balance Sheet Concepts Exercise: Understanding Components of a balance
TATA Motors sheet through TATA Motors Financial Statements
Excel based
HBS Case Study: “General Hardware Inc”-
(UV8186)
Exercise: Excel based
Tutorial – 2 Tutorial on Sessions 5 - 10
Session 11 Current Assets - Cash, Receivables Discussion: Current & Non Current Assets
and inventory Readings:
Non-Current Assets - An Overview https://resource.cdn.icai.org/61802bos50279-cp4.pdf
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Course Outline – 2022-24

Accounting for Intangible Assets- Chapter 6: Cash and Highly-Liquid Investments -

Goodwill, Patents Etc. principlesofaccounting.com
Sessions 12 - 13 Accounting for Long Lived Discussion: PPE, Depreciation and Amortization
Assets Readings: Chapter 10: Property, Plant, & Equipment -
Depreciation and Amortization – principlesofaccounting.com
An Overview Concept & Depreciation Accounting by ICAI -
https://resource.cdn.icai.org/61803bos50279-cp5.pdf
Depreciation Concepts - principlesofaccounting.com
HBS Case Study: “Accounting at Mac Cloud winery”
– (105081)Exercise: Methods of Depreciation -
Case lets and Numerical Exercises – EXCEL based

Sessions 14 - 15 Liabilities and Equity Discussion: Current and Long- Term liabilities
Readings: Liabilities and Equities -
principlesofaccounting.com
HBS Case Study: “Paramount projects Ltd” –
(NA0708)
Quiz - 2
Tutorial - 3 Tutorial on Sessions 11 - 15
Session-16 Understanding and Discussion: Evaluation and interpretation of
Interpreting Financial financial data. Financial Statement Analysis-Common
Statements Size, Comparative Statement Analysis and Trend
Analysis
Readings: https://www.growthforce.com/blog
/are-you-sure-your-financial- statements-are-correct
Exercise: Excel based
Sessions 17- 21 Financial Statement Analysis Discussion: Financial Statement Analysis
TATA Motors Readings: https://towardsdatascience.com/gui de-to-
financial-statement-analysis- for-beginners-
835d551b8e29
Exercise: Case lets on Ratio Analysis- Liquidity,
Solvency, Profitability and Turnover
Tutorial - 4 Tutorial on Sessions – 16 - 21
Sessions 22-24 Cash Flow Statement Discussion: Presentation and Interpretation of Cash
TATA Motors Flow Statements
Readings:
https://www.principlesofaccounting.com/chapter-16/
https://online.hbs.edu/blog/post/how-to-read-a-cash-flow-
statement
Exercise: Excel based
Tutorial - 5 Tutorial on Sessions – 22 - 24

7.7 Learning map:

Learning Outcome: LO1 LO2 LO3

Sessions 1-4 5-15 16-24

7.8 Assessment map:

Learning Outcome: Assessment 1 Assessment 2 Assessment 3 Assessment 4

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Course Outline – 2022-24

LO1 Y Y
LO2 Y Y
LO3 Y Y Y Y

7.9. CURRICULUM MAP (Please number the two (as 1 and 2) best Program Learning Goals (PLG) accomplished on completion of
your course)

Course name L1 L2 L3
Accounting for Managers Y Y Y

Program Learning Goals

L1. To demonstrate an ability to apply and integrate the functional areas of business to make sound decisions.
L2. To develop competence to identify and solve complex problems using structured, feasible and creative solutions.
L3. To broaden the intellectual depth through multidisciplinary approach, critical thinking ability and experiential learning.
L4. To develop the sensibility to care about human lives, community and planet in decision making.
L5. To exhibit leadership and interpersonal awareness by collaboration and effective communication for implementing and
coordinating organizational activities and managing change.
Tutorials

Tutorial Will be scheduled after

Tutorial 1 Session – 4
Revenue Recognition and Cost
Tutorial 2 Session – 10
Overview of Financial Statements: Income Statement and Balance Sheet Concepts using TATA
Motors audited financial statements
Tutorial 3 Session – 15
Depreciation and Amortization
Tutorial 4 Session – 21
Financial Statement Analysis (Profitability, Liquidity, Solvency, Capital Market Ratios) using
TATA Motors audited financial
statements
Tutorial 5 Session – 24
Analysis of Cash Flow Statement (Operating, Investing & Financing activities) using TATA
Motors audited financial statements

8. INTRODUCTION TO COURSE INSTRUCTOR(S)

Instructor - Dr.P.Malarvizhi

Dr. P. Malarvizhi is Professor of Accounting & Finance with over 30 years of Teaching, Research, Training, Consulting & Corporate
experience. She teaches courses on Financial Accounting, Cost & Management Accounting, Strategic Cost Management, Management
Control Systems & Corporate Taxation. She is a keen researcher in the field of Corporate Environmental Accounting & Reporting.
She has conducted various Management Development/Training programmes for Corporate Executives and officers of Indian
Administrative Service. She was appointed by Ministry of Environment and Forest (MoEF), GOI as State Level Expert Advisory

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Course Outline – 2022-24

Committee (SEAC) member and served as an advisor to Department of Environment, Government of Delhi.. She guides doctoral
research scholars. She has published research papers in reputed journals and is invited to present her research work at numerous national
and international conferences.

Instructor - Dr.Manpreet Kaur

Dr Manpreet Kaur is a passionate researcher and faculty having expertise in data analysis and teaching finance elective courses. She
has around 14 years of teaching experience at graduate and post-graduate level. Her administrative expertise includes data preparation
and collection for various ranking and accreditation agencies including NAAC. She has worked as program co-ordinator for MBA
program at various institutions. She is invited as resource person for FDPs and workshops on Data Analysis, Outcome based Education
and research paper writing.

Her teaching interests are Financial Modeling using MS-Excel, Data analysis using SPSS, excel and Tableau, Financial Accounting,
Corporate Finance, Investment Management, Research Methodology International Investments, Emerging issues in accounting,
Activity-based costing, Risk Management, Financial Derivatives. She has proficiency in various software’s such as Advanced MS
Excel, SPSS, STATA software for statistical modelling and analysis.

End of Document

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