Accounting besides providing data for published financial statements for external users, is an important source of financial information for internal decision making. This book, in addition to explaining the way in which accounting information can be used by the manager in performing his managerial functions of planning and control, also shows the utility of accounting information in solving routine problems.The main focus of the book is on managerial decision making. The objective is to train the reader in the systems of Management and Cost Accounting and also develop his skills in interpreting and analyzing accounting statements and data. Though primarily meant for students of Management, Chartered Accounting and Cost and Management Accountancy courses, it will also be helpful to business managers who want to hone their decision-making skills.In the third edition of Management Accounting: A planning and Control Approach, most of the chapters have been updated and rearranged. A large number of new illustrations and problems, adapted from professional examinations, have been added.
About the Author
I M Pandey joined as Professor of Finance Department of Commerce, Delhi School of Economics, University of Delhi in 2009, held the position of Dean of the Faculty of Commerce & Business during 2010-11 and currently is Head of the Department of Financial Studies. Earlier, he was Professor, Indian Institute of Management, Ahmedabad (IIM-A) for 25 years, where he also served as Officiating Director, Dean and Chairman of Fellow Program. During 2005-07, he also served as Dean, School of Management, Asian Institute of Technology, Thialand. He has also taught at Kansas State University, USA; IIT, Delhi; University Science, Malayasia; ESSEC, France and ESCP, France." "Dr Pandey's research interests are focused on strategic financial management, financial decision-making processes, comparative financial systems, capital markets and financial services, with a special tilt towards emerging markets. He has published more than 100 articles and management cases in national and international journals.He is on the Editorial Boards of several international journals." "Dr Pandey has served on the boards of several companies including Indorama Polymer Ltd., Thailand, HPCL, IFCI, Cochin Shipyard Company, and IDBI-Principal.
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