The entire book is organised keeping into mind the need of I.T. professionals regarding business information and is based on MCA syllabus under U.P. Technical University and hence divided into three parts.
Part I consists of basics of accounting and financial management followed by financial accounting. This part of book covers Unit I (Accounting and Final Accounts) of MCA syllabus under U.P. Technical University.
Part II is devoted to management accounting, which covers ratio analysis of Unit III and basics of costing followed by Marginal costing and Inventory control system of Unit IV. Fund flow statement and standard costing are also covered in this part of the book to widen the scope of book-keeping into minds of undergraduate students of commerce stream. In this part, more thrust is given on management accounting, as management accounting is the analysis part of accounting as information system. The purpose of management accounting is to provide right information to right people at right time. Thus management accounting serves as vital source of data for management planning and controlling.
Part III is devoted to Financial Management of Unit II followed by Capital Budgeting of Unit III of MCA syllabus under U.P. Technical University.