Management accounting:nature and scope,financial accounting principles,basic cost concepts,financial statements: analysis and interpretation,accounting ratios,funds flow statement,cash flow statement,budgetary control,standard costing,varianace analysis,marginal costing and profit planning,decisions involving alternative choices budgeting,management reporting,business finance,working capital management,cost of capital,leverages,dividends,bonus and rights,lease financing,investment portfolio management,sources of finance,international financial management,inventory valuation,accounting concept of income,accounting for price-level changes,mergers,amalgamations and acquisitions,human resource accounting,social cost benefit analysis,computer & data processing,business risks and insurance coverage,tax implication and financial planning