Accounting and Financial Management for I. T. Professionals
Y. P. Singh - Accounting and Financial Management for I. T. Professionals.
New Age International | 2007 | ISBN: 8122425482 | 236 pages | PDF | 1 MB
New Age International | 2007 | ISBN: 8122425482 | 236 pages | PDF | 1 MB
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.