TY  - BOOK
AU  - Maheshwari, S N.
AU  - Maheshwari, Suneel K.
AU  - Maheshwari, CA Sharad K.
TI  - Principles of management accounting
SN  - 9789351611783
U1  - 658.1511 18
PY  - 2024///
CY  - New Delhi
PB  - Sultan Chand & Sons
KW  - Financial accounting principles
KW  - Basic cost concepts
KW  - Standard costing
N1  - The book provides a comprehensive coverage of the course-content requirements of the students appearing the paper 'Management Accounting' at the B.Com, M.Com, BBA and MBA Examinations of different Indian Universities. The book has been divided into THREE Convenient Sections. Each Section covers a different aspect of 'Management Accounting' with the subject divided into chapters covering The unique features of this book lie in its simplicity of style and systematic presentation of theory and graded practical illustrations which have made it user friendly mainly the students.  The other main strengths of this book are: exhaustive text plentiful illustrative examples and end-of-the-chapter exercises with answers.  

New Features in This Edition
Updated position regarding, IFRSs and steps for their convergence in India. 
Certain new concepts viz. Target Costing, Kaizen Costing and Balanced Scorecard  have been incorporated in Chapter 3 (Section A) and Appendix 1 of the book.
Schedule III regarding presentation of financial statements as per the Companies Act, 2013 has been incorporated as an Appendix 5 to the book; 
Contents :

SECTION A: FUNDAMENTALS
Management Accounting: Nature and Scope
Financial Accounting Principles
Basic Cost Concepts
Activity Based Costing

SECTION B: FINANCIAL ANALYSIS

Financial Statements: Analysis and Interpretation
Ratio Analysis
Funds Flow Analysis
Cash Flow Analysis

SECTION C: PLANNING & CONTROL

Budgetary Control
Standard Costing
Variance Analysis
Marginal Costing and Profit Planning
Decisions Involving Alternative Choices
Pricing Decisions & Divisional Performance
Basics of Capital Budgeting
Risk Analysis in Capital Budgeting
Management Reporting

SECTION D: APPENDICES

Appendix 1: Balanced Scorecard
Appendix 2: Present Value of Re 1
Appendix 3: Present Value of Re 1 Received annually for N Years
Appendix 4: Compound Value of Re 1
Appendix 5: Presentation of Financial Statements
University Question Papers
Subject Index
Author Index
ER  -