* Written in lecture mode * conversational style * simulating a class room setting, avoiding use of technical jargons * Focus on problems and cases along with their solutions and analysis * Discussion on IFRS * Rich pedagogy making it student friendly
Key Feature * Written in lecture mode * conversational style * simulating a class room setting, avoiding use of technical jargons * Focus on problems and cases along with their solutions and analysis * Discussion on IFRS * Rich pedagogy making it student friendly
Table of Contents * word Preface * Acknowledgements 1. Management Accounting: An Overview 2. Basic Concepts and Conventions; and Generally Accepted Accounting Principles 3. Financial Statements: A Brief Introduction 4. Balance Sheet: Some Terminologies 5. Profit and Loss Account 6. Mechanics of Accounting: For Preparation of Financial Statements 7. Revenue Recognition and Measurement 8. Matching of Revenues and Expenses 9. Inventory Pricing and Valuation 10. Fixed Assets and Depreciation Accounting 11. Intangible Assets 12. Evaluation of Financial Performance Through Ratio Analysis Technique 13. Evaluation of Financial Performance Through Ratio Analysis Technique: 14. Sources and Application (Uses) of Funds Statements:Analysis and Interpretation 15. Auditing of Financial Statements: Some Legal Aspects 16. Inflation Accounting 17. Cost Concepts and Categorisation 18. Job-Order, Batch, and Contract Costing 19. Unit Costing and Operating Costing 20. Activity Based Costing (ABC) 21. Variable Costing and Absorption (Full) Costing 22. Relevant Costs for Decision-making 23. Contribution Analysis and Break-Even Point (BEP); or Cost-Volume-Profit (CVP) Analysis 24. Management and Control of Inventories 25. Corporate Planning, Budgeting and Control 26. Capital Budgeting (Capital Investment Decisions) 27. Responsibility Accounting 28. Cost Management and Control?Steps and Strategies 29. Standard Costs 30. Variance Analysis: Cost Variances 31. Variance Analysis: Revenue and Profit Variances 32. Short-Term Decision Analysis 33. Human Resources Accounting