Finance management and Cost Control
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Follow on Instagram for UpdatesFinance management and Cost Control Syllabus — Unit-wise Content
The official GTU curriculum for Finance management and Cost Control (subject code 3161503) as prescribed for Industrial · Semester 6 divides the course into 4 units, covering 35 listed topics. The unit-wise breakdown below is read from the GTU syllabus document for this subject code, so you can check what the course actually covers before deciding which papers to attempt.
Download the official syllabus PDF (3161503)Unit 1 Estimating for Engineering Production
- Types of estimation
- methods of estimate
- data required for estimating
- estimating material requirements
- standard form of materials
- estimating the time for operations
- estimation for sample parts-cast
- welded and machined parts
Unit 2 Costing and Cost control
- Cost elements
- allocation of over heads
- factory costs
- administration and sales cost
- cost accounting systems
- standard costs
- brake even points
- profit and volume relationship
Unit 3 Finance Management and Planning
- Financial Management: Introduction
- Objectives of Financial Management
- Finance Management Functions
- Interface between Finance and Other Management Functions
- Financial Planning: Introduction
- Benefits and Guidelines
- Steps in Financial Planning
- Affecting Factors of Financial Planning
- Estimation of Financial Requirements of a Firm
Unit 4 Finance Accounting
- Double entry system
- cast book
- balancing the accounts
- profit and loss account
- Use of financial accounting balance sheets as a picture of sources and uses of funds
- comparison of financial accounting reports through ratio analysis
- profitability ratios
- liquidity ratios
- depreciation of fixed assets
- valuation of current assets. 08 Subject Code: 3161503
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