Discover the essential principles of Management Accounting with the 8th Edition, a comprehensive guide designed for students and professionals. This updated edition delves into using accounting information for vital business functions like financial analysis, profit planning, cost control, and strategic decision-making. Featuring an outcome-based learning approach, it explains complex concepts, theories, and techniques in a clear, lucid style. Key updates include revised chapters on GAAP and Accounting Standards (Ind-AS, 2021), enhanced corporate reporting, and new case studies on Tata Motors and ITC for ratio and variance analysis. Ideal for commerce, accounting, finance, and management students, as well as practicing managers, this book is an indispensable resource for mastering management accounting. Explore updated illustrations, examples, and a handy financial tables appendix.