Accounting for Management
Note : Accounting has been important throughout history and in all forms of economic structures. It continues to evolve and respond to changes in informational needs of its users. Basically, there are two types of users of accounting information – external users and internal users.
Description
Though financial accounting are meant only for internal users i.e. management, yet financial accounting information is also used by internal users. This is because the management needs all types of accounting information for efficiently performing its functions of planning, controlling and decision making. The present volume is designed to meet the need of management for knowledge of accounting.
Managers and potential managers should have thorough understanding of all types of accounting i.e. financial accounting, cost accounting and management accounting. Keeping this in view, this volume is divided into four sections in logical sequence. Section I deals with basics of financial accounting, Section II explain analysis and interpretation of financial statements prepared under financial accounting, Section III deals with fundamentals of cost accounting and Section IV explain basic techniques used in management accounting.
| Chapter No | Chapter name |
|---|---|
| Chapter: 1 | Introduction to Accounting |
| Chapter: 2 | Accounting Principles |
| Chapter: 3 | Accounting Process |
| Chapter: 4 | Subsidiary Books |
| Chapter: 5 | Rectification of Errors |
| Chapter: 6 | Bank Reconciliation Statement |
| Chapter: 7 | Final Accounts (Financial Statements) |
| Chapter: 8 | Depreciation, Provisions and Reserves |
| Chapter: 9 | Inventory Valuation |
| Chapter: 10 | Methods of Financial analysis |
| Chapter: 11 | Financial Ratio Analysis |
| Chapter: 12 | Funds Flow Statement |
| Chapter: 13 | Cash Flow Statement |
| Chapter: 14 | Cost Accounting - Nature and Scope |
| Chapter: 15 | Basic Cost Concepts |
| Chapter: 16 | Cost Sheet and Price Quotations |
| Chapter: 17 | Process Costing |
| Chapter: 18 | Reconciliation of Cost and Financial Accounts |
| Chapter: 19 | Management Accounting - Introduction |
| Chapter: 20 | Budgeting and Budgetary Control |
| Chapter: 21 | Standard Costing and Variance Analysis |
| Chapter: 22 | Marginal Costing and Break-even Analysis |
| Chapter: 23 | Strategic Decision Making |
| Chapter: 24 | Responsibility Accounting and Transfer Pricing |
| Chapter: 25 | Recent Development in Cost Management |
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