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The need to understand the relationship and inter-dependence of various finance related subjects is crucial for managerial decision making. This book is an attempt to integrate subjects i.e. Accounting, Taxation, Mathematics, Finance, Statistics Operation Research etc., to give a holistic perspective in understanding the complexities and dynamics of finance and the revenue model of a Business organization. Many people do not realize the Inventory Valuation and depreciation methods of a firm to what difference they makes to the profitability of firm. Actually Profit is maximized when Marginal cost equals Marginal revenue which is derived from Economics. Marginal cost Marginal revenue can be calculated by using Differential Calculus which is a part of Mathematics. Simplex method under Operation Research is an effective tool used to solve many business problems mainly to optimize profit in Management Accounting. In Cost Volume Profit analysis, we use Operation Research technique such as Simplex method, transportation models, and Queing theory, where as Future cost, future benefits, Opportunity costs are relevant for decision. Opportunity costs can be identified form Simplex table which is known as shadow price. Contents - Module-1: Financial Accounting & Financial Application Module-2: Financial Statements Analysis and Valuation of Business Entities Module-3: Business Tools for Business Module-4: Costing and Management Accounting Techniques Module-5: 5.01 Corporate Financial Knowledge Integration By Illustration, Exercise And Case Studies 5.02 Standard Costing Module-6: 6.01 Previous Years` Questions 6.02 Objective Type Questions 6.03 Short Questions Bibliography
