Management Accounting in recent years has become one of the important thrust areas of commerce and management inviting the attention of academicians to include it in the curricula of commerce and management studies of almost all universities and professional bodies. Arrive at concrete and sound decisions in the midst of complexities by serving not only as ‘information retrieving system’ but also as information dissemination system. However, for formulating appropriate financial strategies to operate with increased financial strength and with good corporate governance, one should have an exposure to the different ramifications of the management accounting system.
Contents
1. Nature and Scope of Management Accounting
2. Financial Statement Analysis
3. Ratio Analysis
4. Funds Flow Statement
5. Cash Flow Statement
6. Working Capital Analysis
7. Marginal Costing
8. Budgeting and Budgetary control
9. Capital Budgeting
10. Standard Costing and Variance Analysis
