"This book is a comprehensive & authentic book on ‘Management Accounting’. The three-fold objective of this book is as follows:What kind of information managers need?Where from this information can be obtained? How this information can be used to carry essential functions (like planning, control & decision making) of the business?
This book aims to fulfill the requirement of students of under-graduate and post-graduate courses conducted by Business Schools and Universities.
The Present Publication is the 2nd Edition, authored by Dr. R.P. Rustagi, with the following noteworthy features:[Simple, Lucid, Systematic] The subject-matter is presented in a simple, systematic method along with comprehensive explanation of the concept and theories underlying Management Accounting.[Student-Oriented Book] This book has been developed, keeping in mind the following factors:Interaction of the author/teacher with his/her students in the class-room, Shaped by the author/teachers experience of teaching the subject-matter at different levels, Reaction and responses of students have also been incorporated at different places in the book, 300+ Multiple Choice Questions, 300+ Graded Illustrations and Theoretical Questions have been incorporated at appropriate places, [Synopsis] in the beginning of every chapter has been provided, to present a concise view of the contents of the respective chapter, [Summary] in the form of ‘Points to Remember’, at the end of every chapter is provided, to recapitulate the contents of the respective chapter, Chapter 2 in this book features basic accounting principles, concepts and procedures in a capsuled form, for beginners.
The contents of this book are as follows: Using Financial Statements, Statement of Financial Information, Analysis of Financial Statements, Statement of Change in Financial Position, Financial Planning, Forecasting and External Funds Requirements, Cost Database for Management Accounting, Cost: Concepts, Behaviour and Analysis, Job Order and Contract Costing, Process Costing, Absorption Costing and Variable Costing, Cost Information and Decision Making, Cost-Volume-Profit Analysis, Relevant Cost and Alternative Choice Decisions, Activity Based Costing, Planning, Control and Performance Measurement, Budgeting and Budgetary Control, Standard Costing and Variance Analysis, Responsibility Accounting."
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