Management Accounting Book For BBA B.Com & M.Com of Various Universities

Author: Dr. K.L. Gupta

Brand: Sahitya Bhawan

Features:

• Language Published: English
• Binding: Paper Back

Package Dimensions: 30x245x860

Number Of Pages: 648

Release Date: 01-12-2022

Details: In the present complex business world, management accounting has become an integral part and useful tool of a management system. In fact, management accounting represents a happy blending of two older professions of ‘Management’ and ‘Accounting’, which leads to the success of a business concern through accounting control and managerial efficiency. The present text has been planned and designed to cope with the needs of B.Com. students and to present the subject in simple language and lucid style. In the present complex business world, management accounting has become an integral part and useful tool of a management system. In fact, management accounting represents a happy blending of two older professions of ‘Management’ and ‘Accounting’, which leads to the success of a business concern through accounting control and managerial efficiency. The present text has been planned and designed to cope with the needs of B.Com. students and to present the subject in simple language and lucid style. Salient features of the book: The subject-matter has been arranged and systematized strictly according to course prescribed. In this revised edition chapters on RATIO ANALYSIS and FUNDS FLOW STATEMENT have been thoroughly revised and enlarged. Chapter of CASH FLOW STATEMENT has been written strictly as per AS-3 and AS-4 (Revised) Contingencies and Events Occurring after the Balance Sheet Date. The revised AS-4 prescribes that ‘proposed dividend’ will be treated as ‘Contingent liability’ instead of short-term provisions. Rate of Income Tax @ 25 percent on companies has been applied in all numerical questions as per amendment made by the Finance (No. 2) Bill, 2019. An important feature of a revised edition of this book is that all relevant chapters have been re-drafted as per revised format of Balance Sheet and Statement of Profit & Loss given in Schedule III of the Companies Act, 2013. In this context, a terminology has also been used as per new formats.