Management For Professionals

Mastering the Basic Tools and Strategies of Risk Analysis and Management

Master Amazon EC2 | EBS | AMIs | Backups | Networking | Security | AutoScaling | Load Balancers and more by Jairo Pirona

Financial Management Mastery: Develop Leadership through Strategic and Personal Financial Management Skills

Part II is devoted to management accounting, which covers ratio analysis of Unit III and basics of costing followed by Marginal costing and Inventory control system of Unit IV. Fund flow statement and standard costing are also covered in this part of the book to widen the scope of book-keeping into minds of undergraduate students of commerce stream. In this part, more thrust is given on management accounting, as management accounting is the analysis part of accounting as information system. The purpose of management accounting is to provide right information to right people at right time. Thus management accounting serves as vital source of data for management planning and controlling.