Accounting for Management

Accounting is essential for the successful operation any business. Accounting information provides guidance to management required for decision-making activities.

This book has been specifically designed for beginners of accounting. In all walks of life, the principles of Accountancy are the same but, there are differences of opinion on the most suitable methods to apply these principles.

This book is also helpful for non-accounting students as it provides simplified methods for the preparation of accounts in a lucid manner which will enable them to acquire sufficient theoretical and practical knowledge. The foremost aim of introducing this book is to facilitate understanding of the matter at one reading without any strain in grasping the theories and illustrations. The book consists of four parts viz., financial accounting, cost accounting, management accounting and financial management.


SECTION I : FINANCIAL ACCOUNTING
1. Introduction to Accounting
2. Basic Records Maintained by a Business Concern
3. Revenue Recognition and Measurement
4. Preparation of Final Accounts
5. Fund Flow Statement
6. Cash Flow Statement
7. Ratio Analysis
8. Fixed Assets and Depreciation

SECTION II : COST ACCOUNTING
9. Cost Accounting: Cost Sheet, Accounting for Manufacturing Cost
10. Job Costing
11. Process Costing
12. Activity Based Costing
13. Inventory Pricing and Valuation
14. Standard Costing

SECTION III : MANAGMENT ACCOUNTING
15. Management Accounting
16. Marginal Costing
17. Relevant Cost for Decision Making
18. Budget and Budgetary Control
19. Inflation Accounting
20. Human Resources Accounting
21. Responsibility Accounting

SECTION IV : FINANCIAL MANAGEMENT
22. Financial Management
23. Dividend
24. Cost of Capital
25. Capital Structure
26. Working Capital
27. Capital Budgeting
28. Computerised Accounting