This book is meant for students of accounting, management and business studies. It not only describes the principles, procedures and techniques of management accounting, but also explains and analyses the core concepts that have driven the development of the subject for decades. The book is a perfect blend of conceptual and practical approaches to accounting.
This book Useful for Management students.
1. Part I: Fundamentals and Cost Accumulation Methods - Nature and Scope of Management Accounting
2. Strategic Management Accounting
3. Accounting Process and Principles - An Overview
4. Cost Analysis and Decision Making
5. Inventory Costing
6. Product Costing
7. Service Costing, Part II: Accounting for Financial Analysis - Analysis of Financial Statements
8. Ratio Analysis
9. Statement of Changes in Financial Position
10. Cash Flow Statement, Part III: Accounting for Managerial Decisions - Marginal Costing
11. Break-Even Analysis (Cost-Volume-Profit Analysis)
12. Differential Costing: An Aid to Decision Making
13. Activity-Based Costing
14. Pricing Policy and Decisions, Part IV: Accounting for Planning and Execution - Budgetary Control
15. Budgetary Control
16. Capital Budgeting
17. Risk and Uncertainty
18. Management Reporting, Part V: Performance Measurement and Evaluation
19. Responsibility Accounting
20. Divisional Performance and Transfer Pricing, Part VI: Specialized Topics in Accounting
21. Valuation of Goodwill and Shares
22. Inflation Accounting
23. Human Resource Accounting
24. Emerging Trends in Management Accounting