Management accounting deals with the development and use of accounting information by different organizations for the purpose of decision making, Planning, control, product costing and performance evaluation. The field of management accounting has been influenced greatly by the competitive and complex business environment. This requires that management accounting as a discipline should help the managers who are faced with managerial accounting issues and managerial problems in their organizations. Managers if Indian companies need to make business decisions with sound knowledge and understanding of the use of accounting information for the efficient and profitable functioning of their enterprises.
The text `Managerial Accounting` focuses on the uses of managerial accounting information to resolve different managerial issues emerging in different organizations. The book makes a comprehensive coverage of important topics, current trends in management accounting and presents the concepts, techniques and use of accounting information in a clear, concise and logical manner.
Contents :
1. Scope of Managerial Accounting
2. Statement of Changes in Financial Position (SCEP)
3. Financial Statement Analysis
4. Cost Classifications
5. Marginal (Variable) Costing
6. Differential Analysis and Decision Making
7. Budgeting
8. Responsibility Accounting
9. Standard Costing
