The phrase that lends a difference of meaning and orientation to Management Accounting as against Accounting is managerial decision-making. Management accounting aids the management in taking the right decisions for the organization by providing a pool of precise, essential information, while cutting down the flab of superfluous data. The third edition of the book, with a few but significant changes in the flow of contents as compared to the previous editions, provides updated texts and cases from various multinational companies to help students gain practical knowledge.
NEW TO THE THIRD EDITION
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N.M. Singhvi is Former Chairman, Administrative Reforms, Human Resource Development and Manpower Planning Committee, Rajasthan.
Ruzbeh J. Bodhanwala, Ph.D., is Professor, Flame School of Business, FLAME University, Pune.
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