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PDF Name: A Textbook of Financial Cost and Management Accounting
Author: Dr. P. Periasamy
Book’s Language: English
Published Year: 1994
Pages: 689
File Size: 22.5 MB
Downloads Type: Free PDF Download Books
PDF File Name: Financial-Cost-and-Management-Accounting-PDFRat-.pdf
Read PDF Online: Read A Textbook of Financial Cost and Management Accounting Book PDF Online
Category of the Book: Education
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Summary of A Textbook of Financial Cost and Management Accounting by Dr. P. Periasamy

Overview of the Book

Financial and management accounting comprise the textbook. Module one covers financial accounting basics and financial reporting. The accounting equation, financial statements, accounting cycle, and assets and liabilities are covered. Financial accounting in decision-making finishes the section.

Management accounting informs internal decision-making, planning, and control in part two. Cost behavior, cost-volume-profit analysis, budgeting, standard costing, and variation analysis are covered. Performance reporting closes the section.

Financial Accounting

The book begins with financial accounting basics. Financial reporting starts with the accounting equation. The accounting cycle—recording, classifying, and summarizing financial transactions—is discussed in detail.

The book then covers financial statement preparation, including income, balance, and cash flow statements. Financial ratios are also discussed. Financial accounting in decision-making finishes the section.

Management Accounting

Management accounting informs internal decision-making, planning, and control in the book’s second half. This section discusses cost behavior, including fixed and variable costs and volume-cost relationships.

Cost-volume-profit analysis helps managers choose prices, production, and sales. Budgeting and variance analysis follow.

Standard costing in manufacturing includes calculating standard costs and using variance analysis to evaluate performance. Performance evaluation and reporting using financial and non-financial measures concludes the section.

Key Features of the Book

The Textbook of Financial Cost and Management Accounting covers financial and management accounting extensively. This helps readers comprehend these important subjects and their relationships.

Practical accounting ideas are another highlight of the book. Many examples and case studies illustrate fundamental themes and concepts. This helps readers put their knowledge to use.

Finally, the book’s straightforward writing style makes it accessible to students and practitioners. The author’s clear explanations make the book a must-read for financial and management accounting beginners.

Conclusion

The Textbook of Financial Cost and Management Accounting provides a complete review of these crucial topics. Students and practitioners will benefit from the book’s comprehensive cover of financial and management accounting, practical approach to accounting ideas, and accessible writing style.

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