Management Accounting

This new edition of a well-known text continues to provide an in-depth
analysis of how to use accounting information for financial analysis, profit planning, cost
control and decision-making. Besides, it has substantial coverage of financial accounting in
terms of
(i) Generally Accepted Accounting Principles and Accounting Standards
(ii)
accounting cycle and statements of financial information, and
(iii) corporate financial
statements and reports in India
Key Features:

Three chapters on financial accounting/ financial statements
Chapter on Activity Based Costing (ABC) system
Twenty-two case studies
Learning objectives, chapter summaries and margin notes
About the Author:

P K Jain
Dalmia Chair Professor and Professor of Finance, Department of Management Studies, Indian Institute of Technology, Delhi. Earlier he served as Head, Department of Management Studies. He has more than 25 years of teaching and research experience.


M Y Khan
Professor of Finance and Formerly Dean, Faculty of Business, and Head, Department of Financial Studies, University of Delhi. He has a Ph D in Industrial Finance and has more than 35 years of teaching and research experience.
Table of Content:


PART I: BACKGROUND



Chapter 1. Nature of Management Accounting



PART II: FINANCIAL ACCOUNTING



Chapter 2. Generally accepted Accounting Principles and Accounting Standards

Chapter 3. Accounting Cycle and Statements of Financial Information

Chapter 4. Understanding Corporate Financial Statements and Reports



PART III: FINANCIAL ANALYSIS



Chapter 5. Cash Flow Statement

Chapter 6. Financial Statements Analysis



PART IV: COST ACCUMULATION



Chapter 7. Cost Concepts and Management Needs

Chapter 8. Costing and Control of Materials

Chapter 9. Costing and Control of Labour

Chapter 10. Costing and Control of Factory (Manufacturing) Overheads

Chapter 11. Costing and Control of Administrative, Selling and Distribution Overheads

Chapter 12. Activity Based Costing System

Chapter 13. Job-Order and Batch Costing

Chapter 14. Process, Joint and By-Product Costing

Chapter 15. Variable Costing and Absorption (Full) Costing



PART V: PROFIT PLANNING



Chapter 16. Volume-Cost-Profit Analysis

Chapter 17. Budgeting and Profit Planning



PART VI: COST CONTROL



Chapter 18. Standard Costs and quality Costs

Chapter 19. Cost Variance Analysis

Chapter 20. Revenue and Profit Variance Analysis

Chapter 21. Responsibility Accounting



PART VII: DECISION-MAKING



Chapter 22. Short-Run Decision Analysis

Chapter 23. Capital Budgeting