Management Accounting, now in its eighth edition, continues to offer its readers an in-depth analysis regarding usage of accounting information for financial analysis, profit planning, cost control and decision- making. The authors have adopted an exceptional outcome-based learning approach to provide a comprehensive analysis of the concepts, theories and techniques of management in a simple yet lucid style. This book will be suitable for the students and teachers of management and finance, commerce and accounting discipline as well as for practicing managers. Salient Features : \n1) Complete update of chapter on GAAP & Accounting Standards to incorporate Ind-AS, 2021 \n2) Updated corporate reporting of chapter on Understanding Corporate Financial Statements and Reports \n3) Learning objectives ensure broad understanding of the concepts, theories and techniques of management accounting \n4) Chapter-end comprehensive summaries provide a bird’s eye view of the main points by way of recapitulation \n5) New cases on Tata Motors and ITC on Ration Analysis, Material Cost Variance, etc. 6) Updated illustrations, examples, appendices and cases \n7) A set of financial tables is included as a ready reckoner\n8) A select bibliography should be of special interest to teachers/senior-level students of the subject