Keeping in line with the previous editions, this 8th edition brings out the explanation of theories, concepts and techniques explicitly, with more excel integration in the text. This book will be useful to both finance managers and management students. Professor Khan has several research papers, published in journals of national and international repute, to his credit which are widely cited in the academic literature. Having guided more than a dozen Ph. Professor Khan has also held several positions as a member on the boards of banks, mutual funds, academic institutions and so on. Enjoying the reputation of being an excellent teacher, he has been invited by several institutions as a Visiting Professor.
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It can be used to provide information that can help managers in making decisions and also in defining long term goals and directions for the organization. Management Accounting : Text, Problems and Cases covers this aspect of accounting information in detail. It first explains the Nature of Management Accounting.
Accounting information can be used in many different ways. Then, the book deals with financial accounting and analysis methods for decision making in seven parts. The second part focuses on Financial Accounting. It goes into the generally accepted accounting principles and standards. It explains accounting cycles and financial statements.
The third part, Financial Analysis, covers cash flow statements and analysis of financial statements. The next part explains Cost Accumulation. It examines the needs of cost concepts and costing in various aspects of management, like control of labour, and materials. The book then discusses Profit Planning. It explains budgeting and profit planning and volume-cost-profit analysis. The sixth part covers Cost Control concepts like standard and quality costs, variance analysis, and responsibility accounting.
The final part covers Decision Making. It looks at capital budgeting and short-run decision analysis. This edition of Management Accounting : Text, Problems and Cases has additional information on accounting standards, cash flow statements, and understanding corporate financial statements. It has a new section covering service costing. The book also includes numerous case studies that help in gaining a deeper understanding of the concepts. The book is written in a simple style.
Table of Contents Chapter 1. Nature of Management Accounting Chapter 2. Cash Flow Statement Chapter 6. Financial Statements Analysis Chapter 7. Cost Concepts and Management Needs Chapter 8. Costing and Control of Materials Chapter 9. Costing and Control of Labour Chapter Activity Based Costing System Chapter Volume-Cost-Profit Analysis Chapter Budgeting and Profit Planning Chapter Standard Costs and Quality Costs Chapter Cost Variance Analysis Chapter Revenue and Profit Variance Analysis Chapter Responsibility Accounting Chapter Short-Run Decision Analysis Chapter Capital Budgeting
Management Accounting - Text, Problems and Cases
It can be used to provide information that can help managers in making decisions and also in defining long term goals and directions for the organization. Management Accounting : Text, Problems and Cases covers this aspect of accounting information in detail. It first explains the Nature of Management Accounting. Accounting information can be used in many different ways.
FINANCIAL MANAGEMENT TEXT PROBLEMS AND CASES BY M.Y.KHAN PDF
This book has nothing left to explain in the finance domain. Selected pages Title Page. Budgeting and Profit Planning 9 19 Every financial student should purchase this book. BudgetDefinition Meaning and Purpose 9 2. Certainly the Holy book of Finance. Emerging Role of Finance Managers in India 1.