Concept building approach to management accounting

Table of content

Chapter 1 Introduction

Chapter 2 Cost-Volume-Profit Analysis

Chapter 3 Absorption Costing and Variable Costing

Chapter 4 Decision Making

Chapter 5 Standard Costing

Chapter 6 Budgetary Control

Chapter 7 Responsibility Accounting

Today, as the businesses are greatly influenced by global competition, technological changes, customer orientation and the uncertainties worldwide, the management of the corporates need the updated and timely accounting information for the accurate decision making. The present book explains in depth how the techniques of management accounting can be used by the managers for cost control and decision making. You’ll learn about cost behavior, application of cost-volume-profit analysis, and to identify and evaluate the relevant costs and benefits in a business situation for correct decision making. This book also explains the techniques of cost control and performance evaluation.

At the end of each chapter, the questions and recommended solutions for the past five year examinations of B.Com (H) of University of Delhi have also been included. This provides a ready reference to the readers about the coverage of the topic from the examination point of view. At the end of the book, examination paper of 2017 of B.Com (H) of University of Delhi is also given to get an idea about the pattern of examination.

Cengage texts for undergraduate commerce (CBCS) curriculum adopt Concept-based instruction and is driven by “original and critical thinking, and creative problem-solving skills” among students. This book also carefully integrates the examination requirements of the students.