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The book has been divided into six chapters as per the syllabus. Based on the conviction that students can really learn management accounting by solving problems, the theory and problems approach has been adopted to fully meet all the examination needs of the students in this volume. Thus apart from well organized theory, this book has more than 140 solved problems and illustrations and more than 90 unsolved problems with answers and hints, apart from than 110 short answer questions and more than 50 selected theory questions. This will help students tackle examination questions with ease. The theory questions and practical problems and illustration have been mostly selected from B.Com and BBM of leading Indian universities. Book Content of Management Accounting Nature and Scope of Management Accounting Funds Flow Statement Cash flow Statements Ratio Analysis Budgetary Control Marginal Costing Appendix 1 Skill Development Appendix 2 Model Test Papers