Accounting: basic cost concepts,cost determination methods,marginal costing,break even concepts and cost volume profit analysis,budgeting and budgetary control,standard costing,capacity,productivity and profitability,cost control and cost reduction,managerial accounting-its nature and purpose,financial and cost analysis for decision- making,pricing policies and decisions,responsibility accounting,profit centre concept and transfer pricing,management information,control and reporting systems,uniform costing and inter-firm comparison,management audit,new perspectives in managerial accounting (Topical Term)