Quick Overview

Publisher: Sultan Chand & Sons

Publishing Year: 2021

Size (mm): 24.00 x 16.00

ISBN: 93-5161-178-3

Page nos.: xxiv + 756

MRP: 500.00

Subject: Accountancy

₹500.00 + Add to Cart

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.


  • Management Accounting: Nature and Scope
  • Financial Accounting Principles
  • Basic Cost Concepts
  • Activity Based Costing
  • Financial Statements: Analysis and Interpretation
  • Ratio Analysis
  • Funds Flow Analysis
  • Cash Flow Analysis
  • 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
  • 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

ISBN13: 978-93-5161-178-3

Weight: 830.00

Edition: 18th Revised Edition

Language: English

Title Code: 91

Customer Reviews
  • Dr. Nikita Jain 10/5/2023

    This book is good, it's as per the syllabus of students, with good numerical and elaborative theory to explain well. It's quite informative as well has quality content.

  • Remya Ravi 6/10/2022

    Informative and clear explanation of concepts.

  • MEENAKSHI 6/10/2022

    good one

  • DR.GIRIH KUMAR 3/8/2022

    good book for students


    Best book in the market.

  • vishal singh 17/2/2022

  • Sanjay Shukla 24/9/2021

    Excellent Book for Commerce Students

  • Birbal Roy 23/9/2021


  • VIKAS MAURYA 13/8/2021

    This is a valuable book for bcom and undergraduate course and book is outstanding and the collection of question is very good

  • C.CHELLADURAI 10/8/2021

    It is very much useful for students and us. The problems and solutions are easy understandable for student. I definitely recommend this book for students

  • Dr.K.RajaRajeswari 28/5/2021

    thank you for the author , this book covers all the topics which is related to our syllabus, illustration sums given in the book is simple to understand ,the theory part also given in simple words ,even tamil medium students can also understand the theory concepts

  • Par 27/1/2021

    Excellent and useful for students/very nice nook.

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