CA Final SCM & PE Full Course New Syllabus by CA Sankalp KanstiyaThis book provides tools for managers to understand and interpret financial information as part of their organization's strategic planning and decision-making. The authors say that, regardless of industry or field, all managers must be able to use financial information effectively in their jobs. Through the context of four key questions, the authors explain how to calculate, control, and monitor costs, as well as to integrate cost analysis into organizational decision-making. The book includes examples and practical tips for managers at all levels. Chapter 6, Strategic Cost Management 22 pages , reviews trends in cost analysis and shows how to use it in strategic planning. The authors summarize two techniques that offer a comprehensive view of an organization: value chain analysis and the balanced scorecard.
MICE CA Final Strategic Cost Management and Performance Evaluation Video Classes
This test series has been mapped successfully. To view your test click View Test. To get the conceptual clarity in a better manner, in this edition, author has included concept-based introduction in each and every topic before starting the problems. In this edition, CA final Costing problems arc sequentially ordered giving importance to weight age which helps the students obtain a strong grip over all the chapters. The author is thankful to professionals and students fraternity who have contributed their valuable suggestions and support in bringing out this edition.
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a good keen man book
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In management accounting or managerial accounting, managers use the provisions of accounting information in order to better inform themselves before they decide matters within their organizations, which aids their management and performance of control functions. One simple definition of management accounting is the provision of financial and non-financial decision-making information to managers. According to the Institute of Management Accountants IMA : "Management accounting is a profession that involves partnering in management decision making, devising planning and performance management systems, and providing expertise in financial reporting and control to assist management in the formulation and implementation of an organization's strategy". Management accountants also called managerial accountants look at the events that happen in and around a business while considering the needs of the business. From this, data and estimates emerge.