SECTION ONE : FINANCIAL ACCOUNTING
Financial Accounting: An Overview
Accounting Postulates, Concepts, Principles and Standards
Accounting Equation and Transaction Analysis
Accounting Mechanics I : Journals
Cash Book and Subsidiary Books
Accounting Mechanics II: Ledger Posting and Trial Balance
Preparation of Financial Statements: Profit and Loss Account and Balance Sheet
Fixed Assets and Depreciation Accounting
Inventory Valuation
Statement of Changes in Financial Position : Funds Flow and Cash Flow
Financial Statement Analysis

SECTION TWO : COST ACCOUNTING
Nature of Cost Accounting
Elements of Cost
Materials Cost Accounting and Control
Labour Cost Accounting and Control
Overhead Costs : Allocation and Absorption
Single or Output Costing
Job and Contract Costing
Process Costing and Joint Products
Service Costing
Cost Audit, Cost Control, Cost Reduction

SECTION THREE : MANAGEMENT ACCOUNTING
Nature of Managerial Accounting
Cost Classification for Planning Control and Decision Making
Variable (Marginal) Costing
Cost-Volume - Profit Analysis
Short-Run Managerial Decisions and Differential Analysis
Budgeting
Standard Costing
Responsibility Accounting , Divisional Performance Measurement and Transfer Pricing
Management Control Systems
Activity-Based Costing

Cases

Accounting for Management discusses the principles, practices and uses of accounting in making business decisions. It provides a comprehensive and useful coverage in three components of accounting information, viz., Financial Accounting, Cost Accounting and Management Accounting. Written in a clear, concise and logical manner, the book focuses on how to use accounting information to measure and evaluate business performances and take business decisions.

The book is intended primarily for practicing and future managers concerned with developing the requisite accounting and managerial competence for success in business and management.The book will be very useful for MBA and other specialised management programmes of Indian Universities and Management Institutes.