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Accounting for Management discusses the concepts and principles of financial accounting, cost and management accounting for the purpose of preparing accounting statements and reports and their uses in planning, control and business decisions. It provides a comprehensive coverage of topics useful to business managers, management graduates and professionals. Written in a clear, concise and logical manner, the book focuses on how to use accounting information to measure and evaluate business performance and take business decisions. The book is intended primarily for those who are pursuing MBA and other specialized management programmes in Indian Universities and Management Institutes. It will be equally useful to those who are concerned with developing requisite knowledge in financial and cost and management accounting for managerial competence and success in business world. Book Content of Accounting for Management SECTION ONE : FINANCIAL ACCOUNTING 1. Financial and Management Accounting: An Overview 2. Accounting Postulates, Concepts, Principles 3. Accounting Equation and Transaction Analysis 4. Accounting Mechanics I : Journals 5. Cash Book and Subsidiary Books 6. Accounting Mechanics II: Ledger Posting and Trial Balance 7. Bank Reconciliation Statement 8. Errors and Their Rectification 9. Preparation of Financial Statements: Profit and Loss Account and Balance Sheet 10. Depreciation Accounting 11. Inventory Valuation 12. Statement of Changes in Financial Position (SCFP) 13. Cash Flow Statement 14. Financial Statement Analysis SECTION TWO : COST & MANAGEMENT ACCOUNTING 15. Nature of Cost Accounting 16. Cost : Concepts and Classifications 17. Materials Control 18. Labour Cost Accounting and Control 19. Overheads : Distribution 20. Job, Contract Batch Costing 21. Process Costing 22. Service Costing 23. Marginal (Variable) Costing 24. Alternative Choices Decisions 25. Standard Costing 26. Budgeting 27. Responsibility Accounting, Divisional Performance Mesurement and Transfer Pricing 28. Activity-Based Costing (ABC) Appendix - Cases ... Read more Read less
