We present the Third Edition of the book “Accounting for Management” prescribed for all post-graduate management courses of Indian Universities.
The whole books has been divided into three Parts
Part I: FINANCIAL ACCOUNTING explains the fundamentals principles which are necessary for understanding the subject. It covers the entire accounting cycle, from recording of financial transactions to the preparation of final accounts.
Part II: COST ACCOUNTING also has two Sections C and D. Section C Explains the basic cost concepts while Section D deals with different methods of costing as applicable to specific industries.
Part III: MANAGEMENT ACCOUNTING deals both with performance Evaluation and Decision – making Techniques.
Part I: Financial Accounting
Section 1:Accounting Principles & Processes
- Meaning and Scope of Accounting
- Accounting Principles
- Journalising Transactions
- Ledger posting and Trial Balance
- Sub – division of Journal
- Negotiable Instruments
- Bank Reconciliation Statement
- Matching Concept
- Capital and Revenue
- Final Accounts
- Inventory Valuation
- Fixed Assets and Depreciation Accounting
- Rectification of Errors
Part – II Cost Accounting
Section 2: Cost Accounting Concepts & Elements of Cost
- Cost Accounting : Meaning and Scope
- Basic Cost Concepts
- Material Cost Control
- Valuation of Materials
- Material Losses
- Labour Cost Control
- Labour Remuneration
- Direct Expenses
- Overheads – General
- Overheads – Distribution
- Section 3: Costing Methods
- Single, Unit or Output Costing
- Job and Batch Costing
- Contract Costing
- Process Costing
- Operation Costing
- Operating or Service Costing
- Reconciliation of Cost and Financial Accounts
Part – III: Management Accounting
Section 4: Planning & Control
- Budgetary Control
- Standard Costing
- Variance Analysis
- Marginal Costing and Profit Planning
- Decisions Involving Alternative Choices
- Miscellaneous Concepts
Part – IV : Suggested Answers
ISBN13:
978-81-8054-944-1
Weight:
1450.00
Edition:
3rd Revised Edition
Language:
English
Title Code:
1060