Management Accounting

From cost sheets to master budgets

This NPTEL course has 60 lectures from Prof. Anil K. Sharma of IIT Roorkee. It starts with the branches of accounting and an introduction to statements of cost, then builds the fundamentals of management accounting.

The middle of the course

Several lectures on cost sheets cover their role in management decisions, and the preparation and analysis of cost sheets. Budget and budgetary control, the preparation of budgets and the master budget come after, closing the sequence.

Pacing

At 60 lectures, the course is a long commitment. Plan a weekly schedule, and work through the cost sheet lectures before the budgeting ones, since the course builds on them.