Modern Management Accounting
Author: Deshpande, S. P.
Brand: New Age International Pvt. Ltd
Description of product
The subject of management accounting has made great strides in recent years. Several different ways of considering any given situation are available and the practitioners are expected to choose the particular method which suits their "requirements". The "requirements" are neither clearly specified nor written down to judge their suitability. Consequently, there is no unanimity amongst the practitioners of management accounting as to which particular method is most suitable for specific needs that arise from time to time. The major premise on which the work presented in this book was undertaken is that this non-unanimity of approaches and methods, though unavoidable in the past, can in fact be removed. This non-unanimity was a direct consequence of the fact that the concepts involved in management accounting have neither been rigorously defined nor subjected to appropriate mathematical analysis. One good reason why a rigorous mathematical treatment was not attempted earlier probably was the non availability of the means: microcomputers to undertake heavy computations involved.
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| Brand | New Age International Pvt. Ltd |
