The main aim of this book is to facilitate easy understanding of the matter at one reading without any tediousness in grasping the theories and illustrations . Almost all the ilustrations have ben added at appropriate places and replacing the old ones. Table Of Contents: ? Introduction ? Management Accounting ? ManagerialUses of Financial Statements ? Analysis and Interpretationof Financial Statements ? Ratio Analysis ? Fund FlowStatement ? Cash Flow Statement ?Planning and Control? Working Capital Management ? Marginal Costing? Standard Costing ? Standard Costing-II ? Budget andBudgetary Control ? Capital Budgeting? MIS and Reporting ? Responsibility Accounting? Management Audit ? Prince Level Accounting.