Nature and scope of management accounting,accounting postulates and principles,financial accounting system and records,measurement of business profit,depreciation,the balance sheet,analysis of financial statements,limitations of company financial statements,cash flow and funds flow analysis,accounting for changing prices,cost concepts and techniques,standard costing and analysis of differences,budgeting and budgetary control,inventory management and control,capital budgeting and investment decisions,cost-volume-profit analysis,marginal costing,management reporting,performance budgeting,control concepts and contollership function,human resource accounting (Topical Term)