Advanced Management Accouting (Text, Problems & Cases)

This revised edition of ADVANCED MANAGEMENT ACCOUNTING provides a comprehensive and updated coverage of important topics, current trends, latest ideas and researches in management accounting. Expanding on its theoretical base, the book provides practical exposition to help students strengthen conceptual understanding and develop problem-solving skills to succeed in the classroom and beyond.

Pedagogically enriched with new features and an impressive layout, this new edition is an essential text for students of M.Com, MBA, CA, ICWA, CS, CFA and other professional courses.

1. Numerical problems and cases to enhance the application of theory to real-world scenarios.

2. Over 300 illustrations to aid understanding of concepts.

3. More than 400 multiple choice questions as well as 600+ discussion questions to reinforce learning.

Part-I: Introduction

1. Management Accounting: Nature and Scope

2. Cost Concepts and Classifications

Part-II: Cost Accumulation Systems and Product Costing

3. Cost Allocation and Overhead Absorption

4. Activity-Based Costing (ABC)

5. Absorption Versus Variable Costing

Part-III: Managerial Decision Making

6. Cost-Volume-Profit (CVP) Analysis

7. Relevant Information and Decision Making

8. Pricing Decisions

Part-IV: Planning, Control and Performance Measurement

9. Budgeting

10. Standard Costing and Variance Analysis

11. Performance Measurement in Divisionalised Companies

12. Transfer Pricing

12. Performance Measurement — Balanced Scorecard

13. Strategic Management Accounting

14. Management Control Systems (MCS) 

Part-V: Managerial Uses of Financial Statements

15. Cash Flow Statement

16. Financial Statement Analysis