Research Methodology in Accounting and Finance

UNIT 1 Introduction to Research
Introduction and meaning of research, Objectives of research, Features and Importance of research in Accounting and Finance, Objectives and Types of research - Basic, Applied, Descriptive, Analytical and Empirical Research.
Formulation of the research problem: Meaning and Selection
Review of Literature

UNIT 2 Research Design in Accounting and Finance
Meaning of Introduction, Need, and Good research design.
Hypothesis: Formulation, Sources, Importance and Types Different Research designs

UNIT 3 Data Collection and Processing
Data Collection: Introduction and meaning, types of data
Primary data: Observation, Experimentation, Interview, Schedules, Survey, Questionnaires, Limitations of Primary data
Secondary data: Sources and Limitations
Factors affecting the choice of method of data collection.
Sampling: Significance, Methods, Factors determining sample size
Data Presentation: Significance in Research, Stages in Data Processing: Editing,
Coding, Classification, Tabulation, Graphic Presentation
Statistical Analysis: Tools and Techniques, Measures of Central Tendency,
Measures of Dispersion, Correlation Analysis and Regression Analysis.
Use of computer and internet in data collection and processing

UNIT 4 Interpretation and Report Writing
Meaning and techniques of interpretation, Research Report Writing: Importance, Essentials, Structure/ layout, Types Board

Management Accounting (Introduction to Management Accounting)

Unit - 1 Introduction to Management Accounting
Meaning, Features, Scope, Importance, Functions, role of Management Accounting, Management Accounting Framework, Tools, Management Accounting and Financial Accounting

Unit - 2 Analysis and Interpretation of Accounts
a)Vertical Forms of Balance Sheet and Profit and Loss Account suitable for analysis
b) Trend Analysis.
c) Comparative Statement.
d) Common Size Statement.
NOTE: Practical Problems based on the above (a) to (d)

Unit - 3 Financial Statement analysis: Ratio analysis
Meaning of financial Statement Analysis, steps, Objective and types of Analysis.
Ratio analysis: Meaning, classification, Du Point Chart, advantages and Limitations.
Balance Sheet Ratios:
i) Current Ratio
ii) Liquid Ratio
iii) Stock Working Capital Ratio
iv) Proprietary Ratio
v) Debt Equity Ratio
vi) Capital Gearing Ratio
Revenue Statement Ratios:
i) Gross Profit Ratio
ii) Expenses Ratio
iii) Operating Ratio
iv) Net Profit Ratio
v) Net Operating Profit Ratio
vi) Stock Turnover Ratio
Combined Ratio
i) Return on Capital employed (Including Long Term Borrowings)
ii) Return on proprietor’s Fund (Shareholders Fund and Preference Capital)
iii) Return on Equity Capital
iv) Dividend Payout Ratio
v) Debt Service Ratio
vi) Debtors Turnover
vii) Creditors Turnover

Unit - 4 Cash Flow Analysis
Preparation of Cash Flow Statement with reference to Accounting Standard No.3. (Indirect method only))

Unit - 5 Working Capital Management
A. Concept, Nature of Working Capital , Planning of Working Capital
B. Estimation / Projection of Working Capital Requirement in case of Trading and Manufacturing Organization
C. Operating Cycle Practical Problems