In all forms of economic structures throughout history, accounting has been given prime significance. It keeps growing and became an essential instrument enabling different business decisions to be taken. It is therefore imperative for aspiring management professionals to comprehend the principles and procedures of accounting. For the purpose of preparing accounting statements and analyses for their use in planning, controlling and business decisions, this book offers a thorough description of financial accounting, cost accounting and management accounting. It focuses mainly on how accounting knowledge should be used to evaluate and analyse company results and take business decisions. This book is designed exclusively for those who are pursuing an MBA/PGDM or any other specialised program in Management. It will be equally useful for those concerned with the development of necessary financial, cost and management accounting knowledge for business acumen. Even, non-commerce graduates who have no previous accounting knowledge can also find this book very beneficial. KEY FEATURES • Helps students to address practical problems. • Includes Learning Objectives at the beginning of each chapter • Loaded with numerous pedagogical features – Objective type questions – Theory questions – Illustrative examples – Chapter-end exercises TARGET AUDIENCE For those who are pursuing an MBA/ PGDM or any other specialised program in Management