New IGNOU MTM-05 Help Book Accounting and Finance for Managers in Tourism in English – MTM Tourism Management Latest Edition Guide and Study Material.

Block 1 – Accounting Framework
Accounting and its Functions
Accounting Concepts and Standards
Accounting Information and its Applications

Block 2 – Understanding Financial Statements
Construction and Analysis of Balance Sheet
Construction and Analysis of Profit and Loss Account
Construction and Analysis of Funds Flow and Cash Flow Statements

Block 3 – Cost Management
Understanding and Classifying Costs
Absorption and Marginal Costing
Cost-Volume-Profit Analysis
Variance Analysis

Block 4 – Financial and Investment Analysis
Financial Management: An Introduction
Ratio Analysis
Leverage Analysis
Budgeting and Budgetary Control
Investment Appraisal Methods

Block 5 – Financial Decisions
Management of Working Capital
Capital Structure
Dividend Decisions