Management Accounting is a comprehensive textbook that is specially designed to meet the needs of management students. It explores core concepts of management accounting through managerial applications and supplements them through numerous solved problems and detailed case studies. The exposition provides in-depth coverage of the four key components of management accounting from an Indian perspective: management accounting fundamentals, tools for management accounting, management accounting in decision making, and management control systems. Among the important topicsdiscussed are financial accounting and financial statement analysis, cost-profit-volume analysis, activity-based costing, costing in inventory valuation, costing for pricing, management control systems, responsibility accounting and budgeting, job and process costing, balanced score card andstrategic costing, and ethics in managerial accounting. Users will find this book highly useful for its coverage of the key concepts of management accounting explained through solved problems, small cases, tables, flow charts, and diagrams.