Accounting for Management

Book Details:

• Author: Dr. V.R. Palanivelu

• ISBN: 9789357674942

• Edition: First 2025

• Pages: 638

About the Book:

Accounting for Business Decisions by Dr. V.R. Palanivelu is a comprehensive guide designed to enhance the accounting knowledge of students and professionals in commerce, management, and engineering fields. This book thoroughly covers the principles, practices, techniques, and applications of accounting, enabling readers to use accounting information for sound business decision-making and implementation.

The book is divided into four key components of accounting: Financial Accounting, Cost Accounting, Management Accounting, and Financial Management. Each section provides clear, exhaustive discussions on the relevant topics, supplemented by practical examples and case studies. This structured approach ensures that the readers can easily grasp complex concepts without difficulty.

Special attention has been given to the commerce and management courses of Periyar University, but the book is equally useful for students across various Indian universities. It is an invaluable resource for students of B.Com, BBA, BBM, M.Com, MBA, MCA, CA (inter), CS (inter), ICWA (inter), and other post-graduate business management courses.

Dr. Palanivelu’s expertise and teaching experience in accounting, financial management, and entrepreneurship ensure that the content is both academically rigorous and industry-relevant.

Contents:

SECTION I: FINANCIAL ACCOUNTING

1. Introduction to Accounting

2. Basic Records Maintained by a Business Concern

3. Revenue Recognition and Measurement

4. Preparation of Final Accounts

5. Fund Flow Statement

6. Cash Flow Statement

7. Ratio Analysis

8. Fixed Assets and Depreciation

SECTION II: COST ACCOUNTING
9. Cost Accounting: Cost Sheet, Accounting for Manufacturing Cost
10. Job Costing
11. Process Costing
12. Activity Based Costing
13. Inventory Pricing and Valuation
14. Standard Costing

SECTION III: MANAGEMENT ACCOUNTING
15. Management Accounting
16. Marginal Costing
17. Relevant Cost for Decision Making
18. Budget and Budgetary Control
19. Inflation Accounting
20. Human Resources Accounting
21. Responsibility Accounting

SECTION IV: FINANCIAL MANAGEMENT
22. Financial Management
23. Dividend
24. Cost of Capital
25. Capital Structure
26. Working Capital
27. Capital Budgeting
28. Computerised Accounting

QUESTION PAPERS
APPENDIX
INDEX