Financial Management for Textile Industries detailed syllabus for Textile Technology (TT) for 2021 regulation curriculum has been taken from the Anna University official website and presented for the TT students. For course code, course name, number of credits for a course and other scheme related information, do visit full semester subjects post given below.
For Textile Technology 7th Sem scheme and its subjects, do visit TT 7th Sem 2021 regulation scheme. The detailed syllabus of financial management for textile industries is as follows.
Course Objectives:
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Unit I
INTRODUCTION TO COSTING 9
Costing – concepts; costing types; different methods of costing, standard costing, analysis of variance; classification of costs; preparation of cost sheet; cost profit volume analysis, breakeven analysis
Unit II
COST ACCOUNTING FOR TEXTILE INDUSTRY 9
Costing of yarn, fabrics and Garments; tax structure
Unit III
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Unit IV
CAPITAL MANAGEMENT AND BUDGETING 9
Capital structure; sources and cost of capital; working capital management; Budget, types of budgets, budgeting and control in textile industry
Unit V
FINANCIAL STATEMENT ANALYSIS 9
Tools for financial analysis and control- profit and loss account, balance sheet; financial ratio analysis – illustrations from textile industry
Course Outcomes:
Upon completion of the course the students will be able to
- Explain the types and methods of costing, and preparation of cost sheet
- Determine the cost of yarn, fabrics and garments
- Carryout investment appraisal and calculate depreciation
- Describe the different sources and cost of capital, and preparation of budget
- Analyze and interpret the financial statements of textile company
Text Books:
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Reference Books:
- Thukaram Rao M.E., “Cost and Management Accounting” NewAge International, Bangalore, 2004, ISBN: 812241513X / ISBN: 978-8122415131.
- Thukaram Rao M.E., “Cost Accounting and Financial Management” New Age International, Bangalore, 2004, ISBN: 8122415148/ ISBN: 978-8122415148.
- Prasanna Chandra., “Financial Management – Theory and Practice”, 8th Edition, Tata McGraw- Hill Publishing Company Ltd, New Delhi, 2011, ISBN :0071078401 / ISBN: 0071078401.62
- James C. Vanhorne., “Financial Management and Policy”, Pearson Education Asia (Low Priced Edition) 12th Edition, 2002, ISBN: 0130326577 | ISBN-13: 9780130326577.
- Narang, G. B. S., and Kumar V., “Production and Costing”, Khanna Publishers, New Delhi, 1988, ISBN: 8174092897 | ISBN-13: 9788174092892
- Aswat Damodaran., “Corporate Finance Theory and Practice”, John Wiley & Sons, 2001,ISBN: 0471283320 | ISBN-13: 9780471283324.
- Hrishikes Bhattacharya., “Working Capital Management, Strategies and Techniques”, Prentice Hall of India Pvt. Ltd., New Delhi, 2014, ISBN: 8120349040 | ISBN-13:9788120349049.
- Khan and Jain, “Basic Financial Management and Practice”, Tata McGraw Hill, New Delhi,7th Edition, 2014, ISBN: 933921305X / ISBN: 978-9339213053.
- Kantwala D.N., “Costing and Cost Control – A Marginal Approach for Textile Industry”, Texcons, Bombay, 1977.
For detailed syllabus of all other subjects of Textile Technology, 2021 regulation curriculum do visit TT 7th Sem subject syllabuses for 2021 regulation.
For all Textile Technology results, visit Anna University TT all semester results direct link.