Management  Accounting

CONTENTS

1. Evolution of Management Accounting 2. Accounting Principles, Concepts and Conventions 3. Financial Statement 4. Analysis and Interpretation of Financial Statements 5. Ratio Analysis 6. Funds-Flow Statement 7. Cash-Flow Statement (As per Accounting standard–3) 8. Materials Control and Valuation 9. Inflation Accounting or Price Level Changes 10. Marginal Costing and Absorption Costing 11. Break-Even-Point or Cost Volume Profit Analysis

Examination Paper

SYLLABUS

Management Accounting—Meaning and Natural Management Accounting as Distinguished from Financial Accounting and Cost Accounting; Scope and Rule of Management Accounting, Techniques of Management  Accounting.

Preparation and Presentation of Financial Statements, Their Limitations; Basic Accounting Concepts and Conventions, Interpretation of Financial Statement; Techniques of Analysis of Financial Statements.

Ratio Analysis; Techniques, Different Types of Accounting Ratios; Their Significance and Limitations; Preparation of Funds Flow and Cash Flow Statements.

Inventory Valuation—Techniques of Inventory Control, Inflation Accounting—Meaning  and  Importance.