About this Book

An excellent book for commerce students appearing in competitive, professional and other examinations.

Management Accounting

CONTENTS

1.Evolution of Management Accounting, 2. Accounting Principles, Concepts and Conventions, 3. Financial Statement, 4. Analysis and Interpretation of Financial Statements, 5. Ratio Analysis, 6. Funds-Flow Statement, 7. Cash-Flow Statement (As per Accounting standard–3), 8. Materials Control and Valuation, 9. Inflation Accounting or Price Level Changes, 10. Marginal Costing and Absorption Costing, 11. Break-Even-Point or Cost Volume Profit Analysis

Examination Paper

SYLLABUS

Management Accounting—Meaning and Natural Management Accounting as Distinguished from Financial Accounting and Cost Accounting; Scope and Rule of Management Accounting, Techniques of Management Accounting.

Preparation and Presentation of Financial Statements, Their Limitations; Basic Accounting Concepts and Conventions, Interpretation of Financial Statement; Techniques of Analysis of Financial Statements.

Ratio Analysis; Techniques, Different Types of Accounting Ratios; Their Significance and Limitations; Preparation of Funds Flow and Cash Flow Statements.

Inventory Valuation—Techniques of Inventory Control, Inflation Accounting—Meaning and Importance.